HomeMy Public PortalAbout1997_02_25_R047The Town of
Leesburg,
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RESOLUTION NO.
A RESOLUTION:
PRESENTED February 25:1097
97-47 ADOPTED February 25, 1997
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR
SYCAMORE HILL PHASE I, SECTION 2
, 1997.
Jan~s E. Clem, Mayor
Town of Leesburg
R: sycaI2, res
Clerk of Council
Phase I, Section 2.
PASSED this 25th day of February
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 2.
SECTION II. The extension of municipal water and sewer for Sycamore Hill Phase I, Section 2 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 $330,580.00 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