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HomeMy WebLinkAbout8298 - University Drive Extension• RESOLUTION NO. 8298 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH "AND COUNTY OF ORANGE FOR THE EMPLOYMENT OF A CONSULTANT TO PREPARE THE ENVIRONMENTAL IMPACT STATEMENT IN CONNECTION WITH THE EXTENSION OF UNIVERSITY DRIVE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain cooperative financing agreement between the City of Newport Beach and County of Orange for the employment of a consultant to prepare the Environmental Impact Statement in connection with the extension of University Drive; and WHEREAS, the City Council has considered the terms and conditions of said cooperative financing agreement and found them to be fair and equitable, and in the best interests of the City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said cooperative financing 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 24th day of June , 1974. ATTEST: ZL i y Clerk lerk IFIED AS THk2gPNAL CITY CLERK OF THE CITY OF NEVfPRT BEACH DDO/bc 6/18/74