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HomeMy WebLinkAbout9210 - Traffic Signal at Jamboree & BirchRESOLUTION NO. 9210 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 IRVINE AND THE CITY OF NEWPORT BEACH FOR THE INSTALLATION OF A TRAFFIC SIGNAL AT JAMBOREE BOULEVARD AND BIRCH STREET WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Cooperative Financing Agreement between the City of Irvine and the City of Newport Beach in connection with the installation of a traffic signal at Jamboree Boulevard and Birch Street; WHEREAS, the City Council has reviewed the terms and conditions of said Cooperative Financing 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 hereby approved, and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 25th • ATTEST: City Clerk - RTIfIED AS .4E OEIGINAL CITY CLERIC OF THE C TY OF P:E'r: fC' GEACH DATE. - nT 1 7 .12W7 day of October yor 1977 DDO /bc 10/20/77