Loading...
HomeMy WebLinkAbout8074 - Tract 8381 ImprovementsRESOLUTION NO. 8074 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH AETNA CAPITAL COMPANY, • SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVE- MENTS IN TRACT NO. 8381 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Aetna Capi- tal Company, subdivider of Tract No. 8381, 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 27th day of August , 1973. Sfayor • ATTEST: City Clerk_ G IFIED AST E AL CITY CLERK OF THE CITY OF NEW,f ORT 2M:Cl sh 8/21/73 9 1973 ®ATEt aU� 'x..