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HomeMy Public PortalAbout1996_06_25_R129 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED June 25, 1996 96-129 ADOPTED June 25, 1996 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCEGUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR FORT EVANS ROAD IMPROVEMENTSFOR SYCAMORE HILL 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 Fort Evans Road Improvements for Sycamore Hill. SECTION II. The extension of municipal water and sewer for Fort Evans Road Improvements for Sycamore Hill 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 $358,564.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Fort Evans Road Improvements for Sycamore Hill. PASSED this 25th day of June Clerk of Council ., 1996. , Mayor urg R:ftevans.res