HomeMy WebLinkAbout7365 - Resubdivision 292 ImprovementsRESOLUTION NO. 7 3 6 -%
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT WITH TEXACO, INC., SUBDIVIDER,
FOR THE CONSTRUCTION OF IMPROVEMENTS IN
RESUBDIVISION N0..292
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which Texaco, Inc.,
a Delaware Corporation, subdivider of Resubdivision No. 292,
agrees to construct street and other public improvements necessary
to serve 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 25th day of January, 1971.
ATTEST:
Ci y Clerk
(QL EB 45 THE AC
I
fdERK OF THE CITY OF NEWPOY B :ACH
1AW 2 7 1971
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1/21/71