HomeMy Public PortalAbout1996_06_25_R128 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED June 25 ~ 1996
96- 128 ADOPTED June 25, 1996
AUTHORIZING AN AGREEMENT AND APPROVING A
PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION
PERMITS FOR SYCAMORE HILL PHASE I, SECTION 1
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
Sycamore Hill Phase I, Section 1.
SECTION II. The extension of municipal water and sewer for Sycamore Hill Phase I, Section
1 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 Ohio Savings Bank in the amount of $1,484,214.00 is approved as security to guarantee installation
of the public improvements shown on plans approved by the Director of Engineering and Public Works
for Sycamore Hill Phase I, Section 1.
PASSED this 25th day of
June
, 1996.
JjMnes E. Clem, Mayor
,?Town of Leesburg
Clerk of ~ouncil
R:sycamorel.res