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�J <br />RESOLUTION NO. 86 -67 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH AUTHORIZING THE MAYOR AND <br />THE CITY CLERK TO EXECUTE PROGRAM SUPPLEMENT <br />NO. 4 REV.1 TO LOCAL AGENCY /STATE AGREEMENT <br />NO. 07 -5151 COVERING THE FAU FUNDING FOR THE <br />COAST HIGHWAY IMPROVEMENT PROJECT FROM BAYSIDE <br />DRIVE TO Mac ARTHUR BOULEVARD <br />WHEREAS, there has been presented to the City council of the City of <br />Newport Beach a certain Program Supplement No. 4 Rev. 1 to Local Agency /State <br />Agreement No. 07 -5151 covering the FAU funding.for the Coast Highway improvement <br />project; and <br />WHEREAS, the City Council has reviewed the terms and conditions of said <br />Program Supplement No. 4 Rev. 1 to Local Agency /State Agreement No. 07 -5151 <br />covering the FAU funding for the Coast Highway improvement project, and finds <br />them to be satisfactory and that it would be in the best interest of the City to <br />authorize the Mayor and the City Clerk to execute said Program Supplement; <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Newport Beach that said Program Supplement above described is approved, and the <br />Mayor and the City Clerk are hereby authorized and directed to execute the same <br />on behalf of the City of Newport Beach. <br />ATTEST: <br />ADOPTED this 11th <br />i <br />