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►162 (12)
RESOLUTION NO. 5694
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN
AGREEMENT WITH THE IRVINE COMPANY, SUBDIVIDER,
FOR THE CONSTRUCTION OF IMPROVEMENTS IN TRACT
NO. 48,24
WHEREAS, there has been presented to the City Council of
the City of Newport Beach an agreement in which The Irvine Company,
subdivider of Tract No. 4€324, agrees to construct street and other
public improvements necessary to serve said subdivision; and
WHEREAS, subdivider has furnished security to assure the
faithful performance under said agreement in accordance with the
Newport Beach Municipal Code; and
WHEREAS, the City Council has reviewed said agreement
and found the same to be fair and equitable and in accordance with
the provisions of the Code;
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City
Clerk be and are hereby authorized and directed to execute the
same on behalf of the City of Newport Beach at such time as said
security is approved by the City Manager as to sufficiency and
the City Attorney as to form.
ADOPTED this 10th
ATTEST.
City C er
ig of December, 1962.
11
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. 5694 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 10th day of December ,
19 62 by the following, vote, to wit:
AYES, COUNCILMEN: Stoddard, Gruber. Conk T4nrt y T.nran7.
Marshall, Elder
NOES, COUNCILMEN: None
ABSENT, COUNCILMEN: None
Dated this 11th day of December -,.,19 62
/ w
City Clerk.an 'Ex- fficio Clerk of the
City Council, City of Newport Beach,
State of California.
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