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RESOLUTION NO. 7 3 3 6
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH THE IRVINE COMPANY AND
RICHARD B. SMITH, INC., SUBDIVIDER, FOR THE
CONSTRUCTION OF IMPROVEMENTS IN TRACT NO. 7223,
FOR BIG CANYON DRIVE
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which The Irvine
Company and Richard B. Smith, Inc., subdivider of Tract No. 7223,
agree to construct Big Canyon Drive improvements in 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 21st day of December, 1970.
ATTEST:
v
T -Y -
C ty Clerk
IFIED AS THE ORIG1 101
CITY CLERK OF THE CITY OF NEW T MACH
DEC 2 3 1971
DAM--- ---- - -------------- - -------------------
Mayor
THS:adw
12/16/70