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HomeMy WebLinkAbout741 - Sale of Excess WaterRESOLUTION NO. 741 • "WHEREAS, pursuant to instructions, the City Attorney of the City of Newport Beach has prepared a contract in viich the City of Newport Beach agrees to sell certain excess crater of said City to THE IRVINE COMPANY, upon the conditions, cov- enants and restrictions in said contract set forth; and WHEREAS, said Contract has been duly presented by said City Attorney to the City Council of the City of Newport Beach for its acceptance and approval. EDT, THEREFORE, BE IT RESOLVED: That that certain contract made and entered into the 24th day of March, 1932, by and between the City of Newport Beach as the party of the first part, and THE IRVINE COMPANY, as the party of the second par t, and wherein and nhereby the City of Newport Beach agrees to sell certain of its excess water upon certain conditions, restrictions and limitations to said party of thesecond part, be and the same i0hereby approved as written. BE IT FLRTHER RESOLVED: That the Mayor and City Clerk of theCity of Newport Beach be authorized and directed to sign said contract on behalf of said City of Newport Beach. I hereby certify that the foregoing resolution was duly and regularly passed by the City Council of the City of Newport Beach at a regular meet ing'thereof, held on the 2nd day of May, 1932, by the following vote, .to -wit: AYES: COUNCILMEN (a /gir¢ �/, wnvfej 41"d NOES: COUNCILMEN (rerdo� T�,�n�ev ABSENT: COUNCILMEN '! ©„ ATT?ST: r v 7 Q uh- City Clerk. j 'T