HomeMy WebLinkAbout5171 - Tract 3519 ImprovementsJ.li:: jhr
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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.