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HomeMy WebLinkAbout9387 - Tract 9862RESOLUTION NO. 9387 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A SUBDIVISION AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE IRVINE COMPANY IN CONNECTION WITH TRACT NO. 9862 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, guaranteeing completion of the improvements required with Tract No. 9862; 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. • ATTEST: ADOPTED this 26th day of June � iris Mayor " M-1 .j ElUlf s T r.' .•! "!'1L CITY CLERi f THE CITY CY P:_..T 6�i 2u:C DATEi JUN 2 8 197- _-- __...._ 1978. DDO /kb 6/19/78