HomeMy WebLinkAbout7858 - Traffic Signal ModificationRESOLUTION NO. 7 85 8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
A COOPERATIVE FINANCING AGREEMENT BETWEEN THE
CITY OF NEWPORT BEACH AND THE STATE OF CALIFORNIA
DIVISION OF HIGHWAYS FOR TRAFFIC SIGNAL MODIFICA-
TION AT INTERSECTION OF FORD ROAD AND MAC ARTHUR
BOULEVARD
WHEREAS, there has been presented to the City Council
of the City of Newport Beach a certain cooperative financing
agreement between the City of Newport Beach and the State of
California Division of Highways for traffic signal modifica-
tion at intersection of Ford Road with MacArthur Boulevard;
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 that said cooperative
financing agreement 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 24th day of October , 1972.
IFIED AS
IMAL
C4'9TY CLERK OF THE
CITY OF PORT BEACH
DAM, ___Q91 ...
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DON dm
10/17/72