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HomeMy WebLinkAbout5735 - Subdivision Agreement Amendment- I t 63 (12) 1 RESOLUTION NO. 5735 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN 3I AMENDMENT TO A SUBDIVISION AGREEMENT 4 511 WHEREAS, Pacific Electric Railway Company, as subdivider 611of Tract No. 3813, has agreed to install subdivision improvements inj 711accordance with an agreement dated the 11th day of January, 1962, 811within one year from the date thereof; and 911 WHEREAS, said agreement provides that the City Council 1011may extend the time for performance by the subdivider under said 1111agreement if it determines that the circumstances justify such 1211 extension of time; and 1311 WHEREAS, due to the conditions of the tract it has been 1411impossible to complete the improvements within the time required; 1511 and 15 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 WHEREAS, it would be in the mutual interest of the parties to extend the time within which said improvements must be completed; and WHEREAS, an amendment to said subdivision agreement has been prepared under which the time for completion of said improve- Iments would be extended to June 1, 1963; and WHEREAS, the City Council has reviewed the terms of the proposed amendment and found them to be acceptable; NOW, THEREFORE, BE IT RESOLVED that the Mayor and City lClerk be and are hereby authorized and directed to execute said amendment on behalf of the City of Newport Beach. 1� - -- ADOPTED this day of February, 1963. AT ST. Mayor Caty C ark r 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. 5735 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 mee.ting.place thereof, on the 11th day of February , 19 63 ,, by the following vote, to wit: AYES,. COUNCILMEN: Stoddard, Gruber, Cook, Hart, Marshall, Elder NOES, COUNCILMEN: None ABSENT, COUNCILMEN: Lorenz Dated this 13th day of February „ 19 63 City Clerk. and +x- O'ficio Clerk.of_ the City Council, City of Newport Beach, State of California.