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HomeMy Public PortalAbout1996_05_28_R100 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED May 28, 1996 96-100 ADOPTED Hay 28, 1996 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR POTOMAC STATION lB 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 lB Water and Sanitary Sewer Lines. SECTION II. The extension of municipal water and sewer for Potomac Station lB Water and Sanitary Sewer Lines is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. A letter of credit in a form approved by the town attorney from Mercantile-Safe Deposit & Trust Company in the amount of $52,811.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works , 1996. · Clem, Mayor / Town of Leesburg for Potomac Station Section lB. PASSED this 28th day of May Clerk of Council R:potstalB.res