Loading...
HomeMy WebLinkAbout7203 - Buffalo HIlls Park Agreement• 8 • RESOLUTION N0. 7 2 0 3 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 THE IRVINE COMPANY, TO CONVEY PROPERTY IN CONNECTION WITH BUFFALO HILLS PART{ WHEREAS, it is anticipated that the Newport -Mesa Unified School District will acquire a school site adjacent to certain property which was conveyed to the City of Newport Beach by The Irvine Company in connection with the development of Buffalo Hills Park; and WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain agreement between the City of Newport Beach and The Irvine Company in connection with conveying to the City of Newport Beach the said intended school site property, in the event the School District does not wish to take title, to be used for public park purposes; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said agreement to convey park property 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. ADOPTED this ut d day of June, 1970. May ATTEST: IFIED AS THE oRnImA 'Ty CkERK OF THE CI1-NE14CRT BEACH THS : s City Clerk Y Tti 6 -9 -70 PAM