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HomeMy WebLinkAbout7849 - Tract 7031 BikewayRESOLUTION NO. 5'8 4 9 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE IRVINE COMPANY FOR A BIKEWAY FROM MAC ARTHUR BOULEVARD ALONG THE SOUTHWESTERLY • BOUNDARY OF TRACT NO. 7031 TO BUFFALO HILLS PARK WHEREAS, in connection with the park development in the Big Canyon area, construction of a bikeway by The Irvine Company was initially planned and scheduled for 1973; and WHEREAS, it has been determined that it would be desirable and in the public interest to provide the bikeway for public use in the fall of 1972, and The Irvine Company has agreed to proceed with the construction; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the Mayor and City Clerk are hereby authorized to execute an agreement with The Irvine Company which will: 1. Establish the responsibilities for construction, operation and maintenance of a public bikeway from MacArthur Boulevard along the southwesterly boundary of Tract No. 7031 to Buffalo Hills Park; and 2. Provide for compensation to The Irvine Company in the amount of $4,500 to cover a portion of the extra cost incurred for a separate project to construct the bikeway in advance of the planned schedule; at such time as said agreement is approved by the City Attorney as to form. ADOPTED this 24th day of October, 1972. Mayor ATTEST: CiDey Clerk C IFIED AS THE INAL N ll....- ...... ... - - --- CITY CLERK OF THE CITY OF } V,! CRT BEACH OCT 2 e 1972 DAM_. ._- - --- ------- -- - --- - .. ----- - -- mh 10.17.72