HomeMy WebLinkAbout8120 - Resubdivision 397 ImprovementsRESOLUTION NO. 8120
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH LOS ANGELES FEDERAL
SAVINGS & LOAN ASSOCIATION, SUBDIVIDER, FOR
• THE CONSTRUCTION OF IMPROVEMENTS IN RESUB-
DIVISION NO. 397
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which Los Angeles
Federal Savings & Loan Association, subdivider of Resubdivision
No. 397, agrees to construct street and other public improve-
ments 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 by the City Council
of the-City of Newport Beach 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 29th day of October, 1973.
•
ATTEST:
Ci y Cler. s
CE IED AS
THEE 0 1NAL.
^
CITY CLERK OF THE CITY
OF N ORT BEACH -
DATE, Nov
2 1973
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10/25/73