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HomeMy WebLinkAbout7088 - Resubdivision 260 ImprovementsLA RESOLUTION NO. 7 0 g 8 A RESOLUTION OF TI- CITY COUNCIL. OF THE CITY • OF NEE7FORT BEACH AUTHM. IZING THE, EXECUTION OF AN AGREEMENT WITH THE IRVINEE CCIvTANY, SUBDIVIDER, FOR TIME CONSTRUCTION OF IMPROVEPCNTS IN RESUBYDIVISION No. 250 GMEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which The Irvine Company, subdivider of Resubdivision No. 260, agrees to construct street and other public improvements necessary to serve said subdivision; and WHEREAS, subdivider has furnished security to assure the faithful performance under said agreement in accordance with the Newport Beach municipal Code; and WHMi W, the City Council has reviewed said agreement and found the same to be fair and equitable and in accordance with the provisions of the Code; N%T9 THM F03E, BE IT RESOLVED that the Mayor and City Clerk are hereby authorized and directed to execute the said agreement on behalf of the City of Newport Beach at such time as said security is approved by the City Manager as to sufficiency and the City Attorney as to form. ADOPTED this 27th day of October, 1969. PIED AO �...._..r< ..... ............ CffV CLERK OF TH@ WY OF N i BEACH THS :mh 10/27/69