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HomeMy WebLinkAbout5171 - Tract 3519 ImprovementsJ.li:: jhr 2/23/60 • • 11 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 M 21 22 23 24 25 26 27 28 29 30 31 32 RESOLUTION NO. 5171 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN CAMEO SHORES DEVELOPMENT CO., A JOINT VENTURE COMPOSED OF MACCO CORPORATION, WARD DEVELOPMENT CO. ,.HARRINGTON DEVELOPMENT CO., HESTER DEVELOPMENT CO., AND SUNNY-HONES, INC., AND.TIiE -CITY OF NEWPORT BEACH FOR THE CONSTRUCT- ION OF,IMPROVNTS IN TRACT NO. 3519. WHEREAS, there has been presented to the City Council of the City of Newport Beach an agreement wherein Cameo Shores Devel- opment Co., a Joint Venture composed of Macco Corporation, Ward Development Co., Harrington Development Co., Hester Development Co., and Sunny Homes, Inc., subdivider of Tract No. 3519, agrees to construct street and other public improvements within and such as are necessary to serve said subdivision; and WHEREAS, said agreement provides that Cameo Shores Development Co. shall file with the City of Newport Beach a I surety bond to assure faithful performance of said agreement; NOW, THEREFORE, BE IT RESOLVED that said agreement between Cameo Shores Development Co. and the City of Newport Beach in which Cameo Shores Development Co. agrees to construct the improvements in Tract No. 3519 be approved and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach at such time as Cameo Shores Development Co. files with the City said surety bond and said bond I is approved by the City Manager as to sufficiency and the City Attorney as to form. This resolution was adopted by the City Council of the I City of Newport Beach at a regular meeting on the 23rd day of February, 1960, by the following vote, to wit: AYES, COUNCILIeIEN: Hart, Lorenz, Somers, Kingsley, Atkinson, Higbie, Stoddard NOES, COUNCILMEN: None IATTEST: ABSENT COUNCILMEN: None Ll 0 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) I. MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach filed and maintained in my office, the foregoing Resolution No. 5171 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a regular meeting of said City Council held at the regular meeting place thereof, on the 23d day of February , 19 60 , by the following vote, to wit: AYES, COUNCILMEN: Hart, Lorenz, Somers, Kingsley, Atkinson, Higbie, Stoddard NOES, COUNCILMEN: None ABSENT, COUNCILMEN: None Dated this 25th day of Febuuary 60 19 City ClerA an Ex-Officio clerk of t City Council, City of Newport Beach, State of California.