HomeMy WebLinkAbout7115 - Tentative Tract 6885 Sewage Pump StationRESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH
AND IDH, A JOINT VENTURE -- GEORGE & WILLIAM
HOLSTEIN CO.,.INC., AND IDS MORTGAGE DEVELOPMENT
CORPORATION, GUARANTEEING.COMPLET109 OF SEWAGE
PUMP STATION, NORTH.BLUFF PLANNED RESIDENTIAL
DEVELOPMENT, TENTATIVE TRACT NO..6885..
WHEREAS, there has been presented to the City Council of
the City of Newport Beach a certain contract between the City of
Newport Beach and IDH, a Joint Venture -- George & William Holstein
Co., Inc., and IDS Mortgage Development Corporation, guaranteeing
completion of sewage pump station, North Bluff Planned Residential
Development, Tentative Tract No. 6885; and
WHEREAS, the City Council has considered the terms and
conditions of said contract and found them to be fair and
equitable;
NOW, THEREFORE, BE IT RESOLVED that said contract for
the services above described is approved, and the Mayor and City
Clerk are hereby authorized and directed to execute the same on
behalf of the City of Newport Beach.
ADOPTED this 22nd day of December, 1969.
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ATTEST:
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....... ......... .. �.... _..- 12/18/69
CLERK OF T:iE qTY OF N Pow h;�IACH
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