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HomeMy WebLinkAbout7805 - Clarifying Language of Leasef RESOLUTION NO. 7805 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF NEWPORT BEACH AND THE BALBOA BAY CLUB CLARIFYING LANGUAGE OF LEASE FOR AUDIT PURPOSES WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain memorandum of under- standing between the City of Newport Beach and the Balboa Bay Club for the purpose of clarifying certain language within said lease for audit purposes; and WHEREAS, the City Council has considered the terms and conditions of said memorandum of understanding and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said memorandum of understanding 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 11th ATTEST: Z' L:,) )� L City Clerk CERTIIIFFIE AS THE ORIGINAL -.// /1 ........... .. ........_ CITY CLERK OF THE CI / F'NEWF T B (SATE: ,,7"_-�3 ✓ 5 Z „.........� day of September , 1972. W6 &K • ; 11Q 19 Mayor DON dm 8/8/72