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RESOLUTION NO. 75 66
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH THE DON KOLL COMPANY,
INC., SUBDIVIDER, FOR THE CONSTRUCTION OF
IMPROVEMENTS IN SUBDIVISION TO BE KNOWN AS
501 SUPERIOR AVENUE
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which the DON
KOLL COMPANY, INC., subdivider of 501 Superior Avenue, 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
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 22nd day of November , 1971 .
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�( ATTEST:
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City Clerk