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HomeMy WebLinkAbout9294 - Cooperative Financing AgreementRESOLUTION NO. 9294 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AMENDED COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH, ORANGE COUNTY FLOOD CONTROL DISTRICT AND THE CITY OF COSTA MESA WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain amended Cooperative Financing Agreement between the City of Newport Beach, Orange County Flood Control District and the City of Costa Mesa; and WHEREAS, the City Council has reviewed the terms and conditions of said amended 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 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 13th day of March , 1978. 229L24:1 , IV or ATTEST: • ity Clerk (CERTIFIED THE OMGINM ........................ ......... DDO /bc CITY CLERK OF THE CITY OP H Izz 3/9/78 MAR ] 5 1918 DATE, __ .___.._........._...._..._._...