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HomeMy WebLinkAbout8099 - Traffic Signal Installation at Campus DriveRESOLUTION NO. 8099 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 CITY OF IRVINE FOR THE INSTALLATION OF A TRAFFIC SIGNAL AT • CAMPUS DRIVE AND JAMBOREE ROAD 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 City of Irvine for the installation of a traffic signal at Campus Drive and Jamboree Road; and WHEREAS, the City Council has considered the terms and conditions of said cooperative financing agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach 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 September , 1973. ATTEST: Ci`'y C erk ® CPIFIE® AS Y�INAL - - ......... DON:mh CRY CLERK OF THE CITY OF PORT BEACH 9/18/73 . 2 1973 ®AYE&