HomeMy WebLinkAbout7314 - Tract 7083 Construction of Vista del Bolsa' RESOLUTION NO. 7 3 1 �
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
• OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT WITH IDH, A JOINT VENTURE,.
SUBDIVIDER, FOR THE CONSTRUCTION OF FUTURE
STREET, VISTA DEL BOLSA, TRACT NO. 7083
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which IDH, a
Joint Venture, subdivider of Tract No. 7083, agrees to construct
future street, Vista del Bolsa, as required in connection with
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
WHEREAS, 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;
NOW, THEREFORE, BE IT RESOLVED that the Mayor and
City Clerk are hereby authorized and directed to execute the
same 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 23rd day of November, 1970.
Mayor
ATTEST•
ate,
• City Clerk
YW1ZD AS ;OOF r=N INAd
THS : adw
cffy cuu OF TH CI ORi 82AACH 11/19/70
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