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HomeMy WebLinkAbout7463 - Placentia Avenue Widening• • RESOLUTION NO. 7463 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE CITY OF COSTA MESA FOR RIGHT -OF -WAY ACQUISITION FOR THE WIDENING OF PLACENTIA AVENUE BETWEEN 16TH STREET AND PRODUCTION PLACE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain contract between the City of Newport Beach and the City of Costa Mesa for right -of -way acquisition for the widening of Placentia Avenue between 16th Street and Production Place; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said cooperative financing agreement for the services above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 28th day of June, 1971. ATTEST: �s City Clerk CEIth D AS THE ORI NA0 CITY CLERK OF THE CITY OF NEVF '.;T HcACH O'6va' IUL ..1.. —.. IBC Y._. _. Mayor mh 6/25/71