HomeMy WebLinkAbout7418 - Tract 7394 ImprovementsRESOLUTION NO. 7 418
• A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH AUTHORIZING THE
EXECUTION OF AN AGREEMENT WITH THE NEWPORT
PROJECT, A JOINT VENTURE, SUBDIVIDER, FOR
THE CONSTRUCTION OF IMPROVEMENTS IN TRACT
NO. 7394
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which The Newport
Project, a joint venture, subdivider of Tract No. 7394, 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 17th day of May 1971.
Mayor
• ATTEST•.- ,
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4�R3P�IED AS YHES1 AL 5/12/71
CITY CLERK OF THE CITY OF NE T BEACH
MAY 21 197