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RESOLUTION NO. "95
2 A RrSOLUT1014 OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
3 OF AN AGREDIENT WITH THE IRVINE COMPANY ENTITLED
"AGREEMENT FOR PURCHASE AND SALE UNDER THREAT
4 OF E14INENT DOMAIN4° WHICH PROVIDES FOR THE
PURCHASE BY THE CITY OF PROPERTY IN THE NEWPORT
5 CENTER FOR USE AS A CIVIC CENTER SITE
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711 WHEREAS, the City Council has determined that it would
811 be in the best interest of the City to acquire a parcel of property
9 in the Newport Center for use as a Civic Center site; and
10 WHEREAS, there has been presented to the City Council
11 an agreement, entitled 40Agreement for Purchase and Sale Under Thr
12 of Eminent Domain9. which provides for the sale of said property,
13 as specifically described in said agreement, to the City by the
14 Irvine Company; and
15 WHEREAS, the City Council has considered the terms of
16 1 said agreement and wishes to authorize its execution on behalf of
17 the City;
1811 NOW, THEREFORE, BE IT RESOLVED by the Council of the City
19 of- Newport Beach that the Mayor and City Clerk are hereby authori
20 to execute said agreement on behalf of the City of Newport Beach.
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ADOPTED this 16 rA day of 1969.
ATTEST:
Cit/y Clerk
�E )ED dI Y9iE OkJ INq�
C E
C C6ERK OF��_THE C ii"Y Or M, NPO�Y BEA6H
DATE; x ........ ._.3.__ .2.6-1......®..