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HomeMy WebLinkAbout7450 - Water System Capital Improvement Reimbursement AgreementRESOLUTION NO. 7 45 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF • A WATER SYSTEM CAPITAL, IMPROVEMENT REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE IRVINE COMPANY WHEREAS, there has been presented to the City Council of the City of Newport Beach a Water System Capital Improvement Reimbursement Agreement between the City of Newport Beach and The Irvine Company; and WHEREAS, the City Council has considered the terms and conditions of said contract and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said agreement above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 14th day of June, 1971. e�V4 Mayor ATTEST: City Clerk C TIFIE® AS THE OR AL . ....... ......... �•� OTY C'LRRK Ok TEE CITY OF NEW T BNACN JUN ..... 19 79 DO'N:mh 6/10/71