HomeMy WebLinkAbout8115 - Development of Lido ParkRESOLUTION NO. 8115
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF A REIMBURSEMENT AGREEMENT BETWEEN THE CITY
OF NEWPORT BEACH AND EVERMAN CONSTRUCTION
• COMPANY PROVIDING FOR THE DEVELOPMENT OF LIDO
PARK
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 Everman Construction
Company which provides for the development of Lido Park; and
WHEREAS, the City Council has considered the terms
and conditions of said reimbursement agreement and found them
to be fair and equitable, and in the best interests of the
City;
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Newport Beach that said reimbursement agreement
above described is approved, and the Mayor and City Clerk are
hereby authorized and directed to exedute the same on behalf
of the City of Newport Beach.
ADOPTED this 29th day of October, 1973.
ATTEST:
•City Clerk
TCER IED AS THE OF INAL
HE' °.-.--..
Cltt CLERK OF THE CITY Of N ORT BEACH
NOV 2 1973
DAM
mh
10/25/73