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HomeMy WebLinkAbout7154 - Tract 7028 Street & Public ImprovementsRESOLUTION NO. 7 15 4 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION. OF AN AGREEMENT BETWEEN -THE CITY OF NEWPORT BEACH AND DONALD L, BREN COMPANY FOR THE CONSTRUCTION OF-STREET AND OTHER PUBLIC IMPROVEMENTS IN CONNECTION WITH TRACT.NO. 7028, EXCEPT MAC ARTHUR.BOULEVARD ND THE MAIN LINE STORM DRAIN WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which DONALD L. BREN COMPANY agrees to construct street and other public improvements necessary to serve Tract No. 7028, except Mac Arthur Boulevard and the main line storm drains and WHEREAS, Donald L. Bren Company 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 said agreement for the construction of said improvements is 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 said security is approved by the City Manager as to sufficiency and the City Attorney as to form. ADOPTED this 9th day of March , 1970. • �- -- Mayor Pro Tem ATTEST: C y Jerk PE ED As 7HE qRr a,¢ _ THS:eg ...: �_._, 3/6/70 'C C6 OF THE CITY of NEWP�LT BRACH JDAM 21- 7e