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HomeMy WebLinkAbout7216 - Tract 7030 Improvements0 RESOLUTION NO. 7216 Am A RESOLUTION OF THE CITY COUNCIL OF THE CITY Nr OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH NEWPORT HILLS, INC., SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN TRACT NO. 7030, MACARTHUR BOULEVARD ONLY WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Newport Hills, Inc., subdivider, agrees to construct street and other public improvements necessary to serve Subdivision 7030, i.e., Mac Arthur Boulevard only; 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 are hereby authorized and directed to execute said agreement 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 22nd day of ,Tune, 1970. Mayor ATTEST: C: yCerk �IBY CEERId OF Tp1E CITY OF PIE T 6 =ACF7 3 7O THS:bl 6/15/70