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HomeMy WebLinkAbout7496 - Water System Capital Improvement Reimbursement AgreementRESOLUTION No. 7496 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A WATER SYSTEM CAPITAL IMPROVEMENT REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE IRVINE INDUSTRIAL COMPLEX WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain reimbursement agreement between the City of Newport Beach and The Irvine Industrial Complex, in connection with the water system capital improvement program, and WHEREAS, the City Council has considered the terms and conditions of said reimbursement agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said water system capital improvement reimbursement agreement 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 26th day of July, 1971. ATTEST: TE 'City Clerk r ---- Ep A YHE ORIGINAL CITY CLERK OF THE CITY OF N 4OILT 8 CH DATE: ........ _.JUL 3 D IM VVV 0 6-9y Mayor DO' N:adw 7/16/71