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HomeMy WebLinkAbout7117 - Tract 7082 Public ImprovementsRESOLUTION NO. 7 117 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 COMPANY, INC., AND IDS MORTGAGE DEVELOPMENT CORPORATION FOR CONSTRUCTION OF STREET AND OTHER PUBLIC IMPROVEMENTS IN CONNECTION WITH TRACT N0. 7082 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 for construction of street and other public improvements in connection with Tract No. 7082; 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. ATTEST: City Clerk t CERTIFIED AS THE OR INAL CITY CLERK OF 711E CITY OF NEW, /CRY BaA5F1 THS:eg 12/18/69