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HomeMy WebLinkAbout7352 - Resubdivision 290 ImprovementsRESOLUTION NO. 7 3 S 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY • OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH STANDARD OIL COMPANY OF CALIFORNIA, WESTERN OPERATIONS INC., SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN RESUBDIVISION NO. 290. WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Standard Oil Company of California, Western Operations, Inc., subdivider of Resubdivision No. 290, agrees to construct street and other public improvements necessary to serve said subdivision; and WHEREAS, subdivider has furnished security to assure the faithful performance under said agreement in accordance with the Newport Beach Municipal Code; 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 Code; NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach at such time as said security is approved by the City Manager as to sufficiency and the City Attorney as to form. ADOPTED this 11th day of January, 1971. e"— Mayor ATTEST: c• • y Clerk �za City RTIFIE® AS THE On )NI L MY CLERK OF. YHE'C. OF PO:Ci Be0 DAM THS : adw 1/6/71