HomeMy WebLinkAbout7892 - Traffic Signal Modification at Newport BoulevardRESOLUTION NO. 2 89 2
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 STATE OF CALIFORNIA
_ DIVISION OF HIGHWAYS FOR THE INSTALLATION OF A
TRAFFIC SIGNAL AND MODIFICATION OF A PORTION OF
NEWPORT BOULEVARD
WHEREAS, there has been presented to the City Council
of the City of Newport Beach a certain cooperative financing
agreement between the City of Newport Beach and the State of
California Division of Highways for the installation of a
traffic signal and modification of a portion of Newport Boulevard;
and
WHEREAS, the City Council has considered the terms and
conditions of said contract and found them to be fair and
equitable;
NOW, THEREFORE, BE IT RESOLVED that said contract 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 18th day of December, 1972.
Mayor
ATTEST:
City Clerk
C IED AS T"' CNAL
............CITY CLE &K OF THE CITY OF 6EACw DON: sh
12/12/72
@AYE jEC 21 072