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HomeMy WebLinkAbout7779 - Tract 7167 ImprovementsRESOLUTION NO. 7 77 9 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH GEORGE AND WILLIAM HOLSTEIN CO., INC., SUBDIVIDER, FOR THE CONSTRUCTION OF 46 IMPROVEMENTS IN TRACT NO. 7167 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which George and William Holstein Co., Inc., subdivider of Tract No. 7167, 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 riected 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 August 1972. ATTEST- City 'Clerk 4--C IFIED AS TH C"�SYCVAL 'CIT ERK OF THE CITY of HYWPORT BEACH DON dm AUG 24 1972 8/8/72