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HomeMy WebLinkAbout9015 - Traffic Signal Modification at Irvine & WestcliffRESOLUTION NO. 9015 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE CITY OF COSTA MESA FOR MODIFICATION OF TRAFFIC SIGNAL AT IRVINE AVENUE AND WESTCLIFF DRIVE 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 Costa Mesa for modification of the traffic signal at Irvine Avenue and Westcliff Drive; and WHEREAS, the City Council has reviewed the terms and conditions of said agreement and finds them to be satisfactory and that it would be in the best interest of the City to authorize the Mayor and City Clerk to execute said agreement; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said 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 2.8th day of February , 1977. ATTEST: City Clerk CITY CLERK OF IW{ C -.: �- :'_ _. - _: ^. DDO /bc P11PR 3 9977 2/22/77 DATE------------------ .... _.- ........ - -- - --- -- - ---- - --- --