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HomeMy WebLinkAbout7959 - Traffic Signal Modification1 • RESOLUTION NO. V 95 9 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 MODIFICATION AT WEST COAST HIGHWAY AND ORANGE STREET WHEREAS, there has been presented to the City Council of the City of Newport Beach a cooperative financing agreement between the City of Newport Beach and the State of California Division of Highways for traffic signal modification at West Coast Highway and Orange Street; 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 for traffic signal modification at West Coast Highway and Orange Street 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 9th day of April , 1973. ATTEST: KIIIJU47 mv, CERTIFIED AS THE O INAL LIZ DON dm CITY CLERK OF THE CITY OF N PORT BEACH 4/3/73 APR 1 3 1973 DATE: ... .._ ...................__......_ _.. __- .............................