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HomeMy WebLinkAbout7598 - Tract 7432 Improvements., RESOLUTION NO. 75 98 A RESOLUTION OF THE CITY COUNCIL OF THE CITY • OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH SPYGLASS HILL, A DIVISION OF JOHN D. LUSK & SON, SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN TRACT NO. 7432 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Spyglass Hill, a division of John D. Lusk & Son, subdivider of Tract No. 7432, agrees to construct street and other public improve- ments 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",, THEREFOREt BE IT RESOLVED that the Mayor and the 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 At- torney as to form ADOPTED this 10th ATTEST: day of J�anuaiy. , 1972 . Mayor CERThtcRD AS THE ORIG City Clerk' .. ".._�`.. CITY CLERK OF THE CITY OF N T BBAca JAN 14 1972 DAY &i DON dm 12/8/71