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HomeMy WebLinkAbout7217 - Tract 7030 ImprovementsRESOLUTION NO. 7 2 17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH DONALD L. BREN COMPANY, INC., SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN TRACT NO. 7030, EXCEPT MACARTHUR BOULEVARD WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which the Donald L. Bren Company, Inc., subdivider of Tract No. 7030, agrees to construct street and other public improvements necessary to serve said subdivision, except MacArthur Boulevard; 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 June, 1970. q Mayor ATTEST: l s Ci ty Ci er C THS:bl 6/15/70 csv¢ 4CURK'OF' THE CfTY OF a PORT 971.f7l