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HomeMy Public PortalAbout1995_02_28_R035 The Town o/ Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED February 28~ 1995 95-35 ADOPTED February 28: 19qS AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCEGUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR PARK VIEW ESTATES RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager shall execute the contract for public improvements for the improvements shown on the plans approved by the Director of Engineering and Public Works for Park View Estates. SECTION II. The extension of municipal water and sewer for Park View Estates is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. The irrevocable bank letter of credit in a form approved by the town attorney from Virginia First Savings Bank in the amount of $499,154.10 is approved as security to guarantee installation of the public improvements shown on the plans approved by the Director of Engineering and Public Works for Park View Estates. PASSED this 28th day of February , 1995. ldmes E. Clem, Mayor Town of Leesburg Clerk of Council R:parkview.res