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HomeMy Public PortalAbout1994_11_07_R232 The Town of Leesburg, Virginia RESOLUTION NO. 94-232 A RESOLUTION: AUTHORIZING UNDERSTANDING L.C. AND GILCORP PRESENTED November 7, 1994 ADOPTED November 7, 1994 THE MAYOR TO EXECUTE A LETTER OF WITH GILlqANE DEVELOPMENT ASSOCIATES, 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. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The Mayor is hereby authorized to execute the attached Letter of Understanding between the town, Gilcorp and Gilbane Development Associates, L.C. in a form approved by the town attorney. PASSED this 7th day of November, 1994. ~am~es E. Clem, ~ Mayor Town of Leesburg ATTEST: R:Let. Under.