HomeMy Public PortalAbout2006_02_14_r022The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED February 14, 2006
2006-22 ADOPTED February_ 14, 2006
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE FOR LEESBURG VETERINARY SPECIALIST
Leesburg Veterinary Specialist, LLC, the developer of Leesburg Veterinary
Veterinary Specialist.
PASSED this 14th day of February 2006.
erk of Council
· 'C. Or~stattd, M~Yor ' ~
Town of L~sburg
R06:LeesburgVetSpec NewBond
WHEREAS,
Specialist, has requested approval of a letter of credit from the SunTrust Bank in the amount of $46,271.23
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 Leesburg Veterinary
Specialist.
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 Leesburg
Veterinary Specialist.
SECTION II. The extension of municipal water for Leesburg Veterinary Specialist is approved
in accordance with Sections 19-18 of the Town Code.
SECTION III. The letter of credit in a form approved by the Town Attorney from the SunTrust
Bank in the amount of $46,271.23 is approved as security to guarantee installation of the public
improvements shown on plans approved by the Director of Engineering and Public Works for Leesburg