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ORDINANCE NO. 85 -10 <br />• AN ORDINANCE OFTHE CITY OF NEWPORT BEACH <br />DECLARING A MORATORIUM ON THE ISSUANCE OF <br />STREET CONSTRUCTION PERMITS <br />WHEREAS, the City Council of the City of Newport Beach, <br />under the Charter laws and Constitution of the State of <br />California, is vested with the power to regulate and control the <br />access to and construction, opening, extending, widening and <br />straightening of, public streets within the City of Newport <br />Beach; and <br />WHEREAS, the right to control and approve access to and <br />construction of public streets includes the right to establish <br />procedures for approval of permits to allow such access or <br />construction, as well as the right to impose reasonable <br />conditions on the permits; and <br />• WHEREAS, there is substantial, unimproved property <br />situated adjacent to the City of Newport Beach but within City's <br />sphere of influence which, if developed, could significantly <br />contribute to traffic volumes on existing City streets; and <br />WHEREAS, the City of Newport Beach has limited control <br />over the size and scope of development adjacent to the City but <br />within its sphere of influence, and the construction of large <br />developments in these areas could accelerate the need for planned <br />roadway improvements and /or increase the number, size or scope of <br />roadway improvements necessary to accommodate additional <br />vehicular traffic generated by such development; and <br />WHEREAS, the City of Newport Beach has adopted a Fair <br />Share Traffic Contribution Ordinance in an effort to fund a <br />• shortfall in revenues required to construct roadway improvements <br />necessary to accommodate traffic volumes generated by development <br />or redevelopment within the City of Newport Beach; and <br />