HomeMy Public PortalAbout1994_11_03_R231 The Town of
Leesburg,
Virginia
PRESENTED November 3, 1994
ADOPTED November 3, 1994
RESOLUTION NO. 94-231
A RESOLUTION: APPOINTING AN INITIAL BOARD OF DIRECTORS FOR GILCORP
WHEREAS, for several years Loudoun County has evaluated various options to consolidate its
governmental operations; and
WHEREAS, on June 29, 1994, the Town Council voted to contribute $2.5 million to $3 million
in financial assistance to encourage the county to locate its government center in downtown Leesburg;
and
WHEREAS, on October 5, 1994, the Loudoun County Board of Supervisors voted to select the
downtown Leesburg site as proposed by Gilbane Development Associates, L.C.; and
WHEREAS, a draft Letter of Understanding has been negotiated by town staff and Town Council
at five meetings since October 19, 1994; and
WHEREAS, the attached draft Letter of Understanding contains the terms of the town's
commitment to the county government center site.
WHEREAS, Paragraph 10 of the draft Letter of Understanding requires the appointment of an
initial Board of Directors for Gilcorp.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
The Mayor, Chairman of the Finance Committee, Frank Ratio, Georgia Bange and Fred T.
Lininger are hereby appointed as the initial Board of Directors of Gilcorp.
a~m~es E. Clem, Mayor~~
Town of Leesburg
PASSED this 3rd day of November, 1994.
ATTEST:
Clerk of Council 5