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HomeMy Public PortalAbout1997_02_25_R048 The Town of Leesburg, l Virginia RESOLUTION NO. 97-48 A RESOLUTION: PRESENTED February 25, 1997 ADOPTED February 25, 1997 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR POTOMAC STATION SECTION 2CD 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 Section 2CD. SECTION II. The extension of municipal water and sewer for Potomac Station Section 2CD is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. The corporate surety bond in a form approved by the town attorney from Frontier Insurance Company in the amount of $149,283.20 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Potomac Station Section 2CD. PASSED this 25th day of February , 1997. Ja~es E. Clem, Mayor ~Town of Leesburg ATTEST: Clerk of Council R:pot2cd.res