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HomeMy WebLinkAbout6917 - Construction of Jamboree RoadRESOLTJTICN NO, 6911 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF.AN AGREEMENT WITH LOCKHEED AIRCRAFT CORPORATION FOR THE CONSTRUCTION OF JAMBOREE ROAD BETWEEN PALISADES ROAD AND MAC ARTHUR BOULEVARD WHEREAS, there has been presented to the City Council of the City of Newport Beach an agreement in which the Lockheed Aircraft Corporation agrees to convey by grant deed to the City of Newport Beach an easement for street and highway purposes on five parcels of land on Jamboree Road; and WHEREAS, Lockheed Aircraft Corporation will construct certain street and other public improvements in Jamboree Road at such time as the property adjacent to Jamboree Road is developed; and WHEREAS, Lockheed Aircraft Corporation has granted a right of entry to the City of Newport Beach to enter upon their premises for purposes of constructing slope banks and drainage facilities; and WHEREAS, the City has egreed to construct Jamboree Road between Palisades Road and MacArthur Boulevard; and WHEREAS, the City Council has reviewed said agreement and found the same to be fair and equitable and in accordance with the provisions of the laws of the City; NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk be and are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 13th day of JanuaZ , 19_.U_. ATTEST =- - '4- City Clerk ` RTIFIED-A4� IGINAL _ ; .........._ CITY CLERK OP T V' - EN;',OIT B2ACH RATE; ...4s'44 -' fe. <r...., :............. ._. »�?....._ Mayor TLW:ajr 12 /19 /GS