HomeMy WebLinkAbout7823 - Tract 7638 ImprovementsRESOLUTION NO. 7823
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH THE IRVINE COMPANY AND
Is RICHARD B. SMITH, INC., SUBDIVIDER, FOR THE
CONSTRUCTION OF IMPROVEMENTS IN TRACT NO. 7638
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which The Irvine
Company and Richard B. Smith, Inc., subdivider of Tract No. 7638,
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 by the City Council of
the City of Newport Beach 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 25th day of September, 1972.
. ATTEST:
ity Clerk
ERTIFIE® ; 1 : A
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MY CLERK OF THE CITY NEWPORT BEACH
SEP 2 7 1972
DAM
DON :mh
9/20/72