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HomeMy Public PortalAbout1996_03_26_R058 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED March 26, 1996 96-58 ADOPTED March 26, 1996 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR POTOMAC STATION SECTION 1E 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 Potomac Station Section 1E. SECTION II. The extension of municipal water and sewer for Potomac Station Section 1E is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. A corporate surety bond in a form approved by the town attorney from Mercantile-Safe Deposit and Trust Company in the amount of $122,776.50 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Potomac Station Section 1E. PASSED this 26th day of March /~~EST: Clerk of Council ,1996. Jafifies E. Clem, Mayor Town of Leesburg R:potstalE.res