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HomeMy WebLinkAbout739 - Sale of Excess Water-0 .4r, 41 i RESOLUTIOM NO. _7 B_q FIHEtEAS, pursuant to instructions, the City Attorney of the City of Newport Beach has prepared a contract in which the City of Newport Beach agrees to sell certain excess water of said City to THE IRVINE COMPANY, upon the conditions, cov- enants and restrictions in said contract set forth; and WHEREAS, said contract has been duly presented by said City Attorney to the City Council of the City of Newport Beach for its acceptance and approval. NOW, THN_REFORE, BE IT RESOLVED: That that certain contract made and entered into the24,th day of March, 1932, by and between the City of Newport Beach as the party of the first part, and THE IRVINE COMPANY, as the party of the second part, and wherein and whereby the City of Newport Beach agrees to sell certain of its excess water upon certain conditions, restrictions and limitations to said party of the second padt, be andthe same is hereby approved as written. BE IT FURTHER RESOLVED: That the Mayor and City C3rk of the City of Newport Beach be authorized and directed to sign said contract on behalf of said City of Newport Beach. I hereby certify that the foregdng resolution was duly and regularly passed by the City Council of the City of Newport Beach at a regular meeting' thereof., held on the 2ndday of May , 1932, by the following vote, to -wit: r AYES: COUNCILMEN�`Oiie� / /dro'e���i _ NOES: COUNCILMEN ABSENT: COUNCILMEN ti �`(SEAL,J L City Clerk. r AYES: COUNCILMEN�`Oiie� / /dro'e���i _ NOES: COUNCILMEN ABSENT: COUNCILMEN