HomeMy Public PortalAbout2003_08_12_r121 Forgiving Fire Company DebtThe Town of
Leesburg,
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PRESENTED
August 12, 2003
RESOLUTION NO. 2 0 0 3 - 1 2 1
ADOPTED August 12, 2003
A RESOLUTION:
FORGIVING THE DEBT OF THE LEESBURG VOLUNTEER FIRE
COMPANY RELATING TO THE SITE DEVELOPMENT COSTS
ASSOCIATED WITH THE FIRE STATION ON PLAZA STREET
WHEREAS, in 1996, the town and the Leesburg Volunteer Fire Company, Inc. (the "fire
company") signed a letter of intent to enter into a lease for a portion of the town's property for the
purpose of building a fire station. The fire station was to be co-located with a police station as a public
safety center. The letter of intent provided that the fire company was to pay 30% of the site
development costs of the public safety center; and
WHEREAS, by letter dated August 18, 1998, Steve Brown, then town manager, requested the
fire company to pay $386,882, its share of the site development costs; and
WHEREAS, by letter dated May 5, 2003, the fire company requested forgiveness of its debt;
and
WHEREAS, in consideration of the invaluable service that the fire company has provided to
the town, Council desires to forgive the fire company's debt; and
WHEREAS, the statute of limitations may expire on August 18, 2003.
THEREFORE, RESOLVED by the Council of the Town of Leesburg, Virginia that the fire
company's debt, as described above, is hereby forgiven.
PASSED this 12th day of August 2003.
ATTEST:
RO: Forgiving Fire Company Debt