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HomeMy WebLinkAbout8686 - Coast Highway Parking LotRESOLUTION NO. 8686 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE STATE OF CALIFORNIA, DEPART- MENT OF TRANSPORTATION IN CONNECTION WITH PROPERTY LOCATED AT THE NORTHWEST • CORNER OF COAST HIGHWAY AND NEWPORT BOULEVARD; COAST HIGHWAY PARKING LOT WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain lease agree- ment between the City of Newport Beach and the State of California, Department of Transportation in connection with property located at the northwest corner of Coast Highway and Newport Boulevard; Coast Highway parking lot; and WHEREAS, the City Council has considered the terms and conditions of said lease 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 lease 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 26th day of January, 1976. ATTEST: N L53L_ City Clerk • DDOiyz • 1/23/76 AS THE ORIGINAL CITY CLERK nOF THE CIT' CF � -Wi BLACH ,, . .....!?. ..2.6 ......................