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HomeMy WebLinkAbout7314 - Tract 7083 Construction of Vista del Bolsa' RESOLUTION NO. 7 3 1 � A RESOLUTION OF THE CITY COUNCIL OF THE CITY • OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH IDH, A JOINT VENTURE,. SUBDIVIDER, FOR THE CONSTRUCTION OF FUTURE STREET, VISTA DEL BOLSA, TRACT NO. 7083 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which IDH, a Joint Venture, subdivider of Tract No. 7083, agrees to construct future street, Vista del Bolsa, as required in connection with said subdivision; 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 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 23rd day of November, 1970. Mayor ATTEST• ate, • City Clerk YW1ZD AS ;OOF r=N INAd THS : adw cffy cuu OF TH CI ORi 82AACH 11/19/70 �� 3 d / ! 2O