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HomeMy WebLinkAbout83-7 - Approving a Development Agreement Between the City of Newport Beach and Park Lido, LtdORDINANCE NO. 83 -7 AN ORDINANCE OF THE CITY OF NEWPORT BEACH APPROVING A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND PARK LIDO, LTD. The City Council of the City of Newport Beach DOES ORDAIN as follows: SECTION 1. Pursuant to City Council Ordinance No. 82 -30 establishing procedures and requirements for the consideration of development agreements, that certain Development Agreement applicable to the property located in the City of Newport Beach at 351 Hospital Road on the northeasterly corner of Hospital Road and Placentia Avenue, more particularly described as a portion of Lot 169, Block 2 of Irvine's • Subdivision, is hereby approved. SECTION 2. Copies of said Development Agreement are on file in the offices of the City Clerk and Planning Department of the City of Newport Beach and said Development Agreement is made a part hereof by this reference. SECTION 3. The City Council finds that said Development Agreement is in compliance with the provisions of the California Environmental Quality Act and guidelines promulgated thereunder. SECTION 4. This Ordinance shall be published once in the official newspaper of the City, and the same shall be effective thirty (30) days after the date of its adoption. This Ordinance was introduced at a regular meeting of the City iCouncil of the City of Newport Beach, held on the 10th day of January , 1983, and was adopted on the 24th day of January I 1983, by the following vote, to wit: ATTEST: ''f f s� ! - ". /��/ City Clerk 46 AYES, COUNCIL MEMBERS Hart, Maurer, Plummer. Cox. Heather NOES, COUNCIL MEMBERS Agee, Strauss ABSENT COUNCIL MEMBERS None Mayor - 2 -