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HomeMy WebLinkAbout7655 - Temporary Sign at 16th Street & Dover DriveRESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY to OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN INDEMNITY AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE BANK OF NEWPORT IN CON- NECTION WITH TEMPORARY SIGN AT 16TH STREET AND DOVER DRIVE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain indemnity agreement between the City of Newport Beach and the Bank of Newport, indemnifying the City of Newport Beach against any claims or demands arising from installation of a temporary sign in the public parkway on 16th Street at Dover Drive; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said indemnity agreement 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 27th day of March, 1972. Mayor ATTEST:; Ci y dierk ''�_''�,jj CE ED AS THEyCRu�°�` < CRY CLUB OF THE CITY F NEWP T BEACH MAR 3 0 1972 DAM ...r...--------- DON:mh 3/22/72