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HomeMy WebLinkAbout7710 - Tract 3867 ImprovementsRESOLUTION NO. T 71 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EKECUTION OF AN AGREEMENT WITH THE IRVINE COMPANY, SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVE- MENTS IN TRACT NO. 3867 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which The Irvine Company, a West Virginia corporation, subdivider of Tract No. 3867, 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 agree- ment and found the same to be fair and equitable and in ac- cordance 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 12th day of June , 1972. Mayor ATTEST: ity .CJ:erk 2ERTIFIED AS THEj ORIGINAL CITY CLERK OF Tr,HfEyCiTY OF (EEWPORT BEACH DATE: ....... _ .......... _ ........................ ............................... dm 6/9/72