HomeMy WebLinkAbout8209 - Resubdivision 408 ImprovementsRESOLUTION NO. 8209
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT WITH MARINERS SAVINGS AND LOAN
ASSOCIATION, SUBDIVIDER, FOR THE CONSTRUCTION
OF IMPROVEMENTS IN RESUBDIVISION NO. 408
• WHEREAS, there has been presented to the City Council
of the City of Newport Beach an agreement in which MARINERS
SAVINGS AND LOAN ASSOCIATION, subdivider of Resubdivision No. 408,
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 by the City Council of
the City of Newport Beach 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 March, 1974.
ATTEST:
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• City Clerk
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CERTIFIED AS THE RI L
CITY CLERK OF THE CITY OF NEWP T BEACH
PAM
MAR 1 5 1974
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3/7/74