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HomeMy Public PortalAbout2005_05_24_r090 - Perf Guar Holy Trinity Lutheran ChurchThe Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: 2005-90 PRESENTED May 24, 2005 ADOPTED May 24, 2005 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND A WATER EXTENSION PERMIT FOR THE HOLY TRINITY LUTHERAN CHURCH ~--'sl~C. Umts~tt~, Mayo; ' -('""-- Town of Leesburg RO 5 :HolyTrinityLuth~-anChumhNewBond ATTEST: t~rk of Council Trinity Lutheran Church. PASSED this 24th day of May 2005. WHEREAS, the Holy Trinity Lutheran Church, the developer of the Holy Trinity Lutheran Church, has requested approval of a letter of credit from the Middleburg Bank in the amount of $123,900.00 to guarantee the public improvements; and WHEREAS, the Director of Engineering and Public Works recommends approval of a contract for installation of public improvements and acceptance of a performance guarantee for the Holy Trinity Lutheran Church. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The town 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 the Holy Trinity Lutheran Church. SECTION II. The extension of municipal water for the Holy Trinity Lutheran Church is approved in accordance with Section 19-18 of the Town Code. SECTION III. The letter of credit in a form approved by the town attomey from the Middleburg Bank in the amount of $123,900.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for the Holy