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HomeMy WebLinkAbout8020 - Traffic Signal ModificationRESOLUTION NO. 8020 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 PACIFIC MARINE YACHTS, INC. AND CLARA COUPLAND PROVIDING FOR A CONTRIBUTION TO MODIFY THE TRAFFIC • SIGNAL INSTALLATION AT WEST COAST HIGHWAY AND RIVERSIDE AVENUE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain agreement between the City of Newport Beach and Pacific Marine Yachts, Inc. and Clara Coupland providing for a contribution to modify the traffic signal installation at West Coast Highway and Riverside Avenue; 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 agreement for the contribution 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. Y-f ADOPTED this 25th day of ATTEST: -City Clerk C IFIED AS TH O . IPIAL CITY CLERK OF THE CITY Of NE RT BEACH y -DATE, JUN _2 8 197 _....w. dm 6/20/73