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HomeMy WebLinkAbout82-28 - Use Permit 1994 Hughes Aircraft CompanyRESOLUTION NO. 82 -28 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A USE PERMIT AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND HUGHES AIRCRAFT COMPANY IN CONNECTION WITH PERFORMANCE SURETIES REQUIRED FOR IMPROVEMENTS (USE PERMIT NO. 1994) WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Use Permit Agreement between the CITY OF NEWPORT BEACH and HUGHES AIRCRAFT COMPANY in connection with surety in the form of a cash deposit of $3,800 for labor and materials and $3,800 for faithful performance required prior to any improvements, a copy of which agreement is attached hereto marked Exhibit "A "' and incorporated herein by reference; and WHEREAS, the City Council has reviewed the terms and conditions of said Use Permit Agreement and finds them to be fair and equitable and that it would be in the best interests of the City to execute said Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the Use Permit Agreement above - described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute same on behalf of the City of Newport Beach. ADOPTED this 22nd day of February , 1982. ay • ATT ST: Ci y.Clerk 022282 PR