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HomeMy WebLinkAbout9342 - Tract 9860 ImprovementsRESOLUTION NO. 9342 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING A SUBDIVISION AGREEMENT GUARANTEEING COMPLETION OF THE IMPROVEMENTS REQUIRED WITH TRACT NO. 9860, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID AGREEMENT WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Subdivision Agreement between the City of Newport Beach and The Irvine Company dba Irvine Pacific Development Company, guaranteeing completion of the improvements required with Tract No. 9860; and WHEREAS, the City Council has reviewed the terms and conditions of said Subdivision 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 22nd day of May , 1978. ATTEST: • ity Clerk i a / / / / /rCERTIfIED THE ORIGINAL CI1Y CLERIX OF 1 e CITY OP N BERLH MAY 2 5 1978 VAT& /' .I Ii HRC:kb 5 -15 -78