HomeMy Public PortalAbout2009_03_10_R026 - License Agreement with NOVEC
The Town of
Leesburg,
Virginia
PRESENTED March 10. 2009
RESOLUTION NO. 2009-026
ADOPTED March 10. 2009
A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE A LICENSE
AGREEMENT AND CASH BOND AGREEMENT DATED MARCH 2,
2009, BETWEEN THE TOWN OF LEESBURG AND NORTHERN
VIRGINIA ELECTRIC COOPERATIVE (NOVEC)
WHEREAS, Northern Virginia Electric Cooperative (NOVEC) requested a License
Agreement and Cash Bond Agreement dated March 2, 2009, in order to install an internal
communications system along the a portion of the Town's streets and right of ways; and
WHEREAS, the Town Attorney and the Director of Public Works have negotiated and
reviewed said Agreements, and the terms contained in said License Agreement and Cash Bond
Agreement are reasonable and equitable and will benefit the Town and the citizens of Leesburg;
and
WHEREAS, the Town Attorney approves of a License Agreement and Cash Bond
Agreement between the Town of Leesburg and NOVEC.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that the
Town Manager shall execute the License Agreement and Cash Bond Agreement with NOVEC
dated March 2, 2009.
PASSED this 10th day of March. 2009.
~~
. C. mstattd, Mayor
Town of Leesburg