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HomeMy WebLinkAbout7775 - Retaining Wall ConstructionRESOLUTION NO. 7775 A RESOLUTION OF THE CITY COUNCIL OF THE CITY to OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE BALBOA BAY CLUB DEVELOPMENT CORPORATION FOR THE POSSIBLE FUTURE CONSTRUCTION OF A RETAINING WALL ON PRIVATE PROPERTY ADJACENT TO THE PUBLIC RIGHT -OF -WAY WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain contract between the City of Newport Beach and the Balboa Bay Club Development Corporation for the possible future construction of a retaining wall on private property adjacent to the public right -of -way; 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 agreement for the construction of the retaining wall 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 .21st,, day of %Au�ust;.e_ }n2<: mh 7/6/72 ATTEST: City Clerk C IED AS THE. RAL �. ..... �"'.'". "...'..��� .�'- BEACH CHy CLERK OF THE CITY OF NEW ORT AUG 2 4 1972 DAM .. _ _.___........�, mh 7/6/72