HomeMy WebLinkAbout7316 - Tract 7166 ImprovementsRESOLUTION NO. 7 316
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 IMPROVEMENTS
IN CONNECTION WITH TRACT NO. 7166, OFFSITE VISTA
DEL ORO, ADJACENT TO TENTATIVE TRACT NO. 7167
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. 7166, agrees to construct
street and other public improvements necessary to serve said
subdivision; i.e. Tract 7166, offsite Vista del Oro, adjacent
to Tentative Tract 7167; 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
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City Clerk
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SlYY CLERK OF TP1E CITY EWPORY PRAO 11/19/70