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HomeMy WebLinkAbout7713 - Tract 7788 Improvements} RESOLUTION NO. 7 71 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH DEANE DEVELOPMENT COMPANY, SUBDIVIDER,.FOR THE CONSTRUCTION OF IMPROVEMENT IN TRACT NO. 7788 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Deane Development Company, a California corporation, subdivider of Tract No. 7788, 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 12th day of June , 1972. Mayor ATTEST: j City Clerk RTIFIED AS THE O GIId�Z CITY CLERK OF THE CITY OF_ _ PORT SEACH n jUH 16.1972 DATE: -------- _ ------ ._._-_ -------------- --- ... .... .......... _ ... .------- dm 6/9/72 p,