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HomeMy Public PortalAbout1996_08_13_R174The Town Leesburg, rg ma RESOLUTION NO. A RESOLUTION: PRESENTED August 13, 1996 96-174 ADOPTED August 13, 1996 AUTHORIZING AN AGREEMENT AND APPROVING PERFORMANCE GUARANTEE FOR SYCAMORE HILL PHASE I OFFSITE STORMWATER MANAGEMENT POND RESOLVED by the Council of the Town of Leesburg in Virginia as follows: A 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 - Offsite Stormwater Management Pond. SECTION II. The irrevocable bank letter of credit in a form approved by the town attorney from Ohio Savings Bank in the amount of $80,863.00 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 - Offsite Stormwater Management Pond. PASSED this 13th day of August , 1996. ATTEST: Clerk of Council m, Mayor sburg R:sycaoff. res