HomeMy WebLinkAbout8074 - Tract 8381 ImprovementsRESOLUTION NO. 8074
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH AETNA CAPITAL COMPANY,
• SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVE-
MENTS IN TRACT NO. 8381
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which Aetna Capi-
tal Company, subdivider of Tract No. 8381, 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 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 27th day of August , 1973.
Sfayor
• ATTEST:
City Clerk_
G IFIED AST E AL
CITY CLERK OF THE CITY OF NEW,f ORT 2M:Cl sh
8/21/73
9 1973
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