HomeMy Public PortalAbout1998_02_24_R051 The Town of
Leesburg,
Virginia
RESOLUTION NO. 98- 51
A RESOLUTION:
AUTHORIZING AN
PERFORMANCE GUARANTEE
EXTENSION PERMITS FOR STRATFORD PHASE A - SECTION 2
PRESENTED Februatw 24, 1998
ADOPTED February_ 24, 1998
AGREEMENT AND APPROVING
AND
A
WATER AND SEWER
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
Stratford Phase A - Section 2.
SECTION II. The extension of municipal water and sewer for Stratford Phase A -
Section 2 is approved in accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION III. The letter of credit in a form approved by the town attorney from Virginia
First Savings Bank F.S.B. in the amount of $264,642.00 is approved as security to guarantee
installation of the public improvements shown on plans approved by the Director of Engineering
and Public Works for Stratford Phase A - Section 2.
PASSED this 24th day of February, 1998.
ATTEST:
Clerk of Council
J~es E. Clem, Mayor
Town of Leesburg
R:stfdA2