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HomeMy WebLinkAbout6734 - Resubdivision 244 ImprovementsR TH omec 3/i 8/68 (12) 11h RESOLUTION NO, 6734 21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN 3 AGREEMENT WITH SHELL. ®IL COMPANY, SUBDIVIDER FOR THE CONSTRUCTION OF. IMPROVEMENTS.REQUIRE�D 4�1 AS A CONDITION OF-APPROVING RESUBDIVISION.NO, 244 61 WHEREAS, there has been presented to the City Council 7 of the City of Newport Beach an agreement in which Shell Oil 8 Company, subdivider under Resubdivision No, 244, agrees to con- 9� struct street and other public improvements required as a condi- 101 tion of approving said resubdivision; and 11 WHEREAS, subdivider has furnished security to assure the 12 faithful performance under said agreement in accordance with the 13I Newport Beach Municipal Code; and 141 WHEREAS, the City Council has reviewed said agreement 15 and found the same to be fair and equitable and in accordance 16 with the provisions of the Code; 171 NOW, THEREFORE, BE IT RESOLVED that the Mayor and City 18.1 Clerk be and are hereby authorized and directed to execute the 19��, same on behalf of the City of Newport Beach at such time as said 20 security is approved by the City Manager as to sufficiency and the 21 City Attorney as to form, 221, ADOPTED this 25th day of March , 19684 �%] Fell 25' ATTEST: f 26 t er c 27 28 29 30 31 .32