Laserfiche WebLink
RESOLUTION NO. 9497 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH APPROVING THE PARCEL MAP <br />FOR RESUBDIVISION NO. 582, ACCEPTING THE DEDI- <br />CATION OF A CORNER CUTOFF AT LARKSPUR AVENUE <br />AND EAST COAST HIGHWAY AND THE RELEASE AND <br />RELINQUISHMENT OF ALL VEHICULAR ACCESS RIGHTS <br />TO EAST COAST HIGHWAY, APPROVING A SUBDIVISION <br />AGREEMENT GUARANTTING COMPLETION OF THE PUBLIC <br />IMPROVEMENTS REQUIRED WITH RESUBDIVISION.NO. <br />582, AND AUTHORIZING THE MAYOR AND CITY CLERK <br />TO EXECUTE THE AGREEMENT <br />WHEREAS, there has been presented to the City Council <br />of the City of Newport Beach a Parcel Map for Resubdivision No. <br />582, subject to the offer of dedication of a corner cutoff at <br />Larkspur Avenue and East Coast Highway, and release and relinquish- <br />ment of all vehicular access rights to East Coast Highway; and <br />WHEREAS, Mutual Savings and Loan Association has made <br />the offer of dedication of a corner cutoff at Larkspur Avenue <br />and East Coast Highway; and <br />WHEREAS, there has been presented to the City Council <br />of the City of Newport Beach a certain Subdivision Agreement <br />between the City of Newport Beach and Mutual Savings and Loan <br />Association guaranteeing completion of the improvements required <br />with Resubdivision No. 582; and <br />WHEREAS, the City Council has considered the Parcel Map <br />and offer of dedication of a corner cutoff at Larkspur Avenue <br />and East Coast Highway, and finds that the approval of the <br />Parcel Map and the acceptance of the above - described offer of <br />dedication to be in the best interest of the City; and <br />WHEREAS, the City Council has reviewed the terms and <br />conditions of the above - described Subdivision Agreement and <br />finds them to be satisfactory and that it would be in the best <br />interest of the City to authorize the Mayor and City Clerk to <br />execute said agreement, <br />