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HomeMy Public PortalAbout1998_10_13_R227The Town of Leesburg, rgm a RESOLUTION NO. A RESOLUTION: 98-227 AUTHORIZING PERFORMANCE PRESENTED October 13, 1998 ADOPTED October 13, 1998 AN AGREEMENT AND APPROVING A GUARANTEE AND WATER AND SEWER EXTENSION PERMIT FOR K1NCAID FOREST SECTION 1 OB 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 Kincaid Forest Section 1 OB. SECTION II. The extension of municipal water and sewer for Kincaid Forest Section 10B 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 the Mercantile Safe Deposit and Trust Company in the amount of $464,539.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Kincaid Forest Section 1 OB. PASSED this 13th day of October, 1998. ATTEST: Clerk of Council Ja~es E. Clem, Mayor Town of Leesburg R:kincdl OB