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HomeMy WebLinkAbout7164 - Purchase of Crude OilRESOLUTION NO. 716 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE ASSIGNMENT OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND GOLDEN EAGLE REFINING COMPANY FOR THE PURCHASE OF CRUDE OIL.TO.CARSON OIL COMPANY WHEREAS, on the 27th day of October, 1969, the City Council of the City of Newport Beach approved a contract between the City of Newport Beach and Golden Eagle Refining Company, Inc., for the purchase of crude oily and WHEREAS, Golden Eagle Refining Company, Inc., has assigned its rights under said contract to the Carson Oil Company by an assignment dated February 26, 1970; and WHEREAS, the City Council has determined that it would be in the best interests of the City to approve said assignment; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the assignment of said contract is hereby approved. ADOPTED this 23rd day of March, 1970. iffy- or ATTEST:. L7< L`v�.1.w City er c ?IVIED A 7HO � ' i�9�6 THS a / 7 3/19/70 @ITV 66E &K OF THE aly of, NE Ot SEAM