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HomeMy WebLinkAbout8209 - Resubdivision 408 ImprovementsRESOLUTION NO. 8209 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH MARINERS SAVINGS AND LOAN ASSOCIATION, SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN RESUBDIVISION NO. 408 • WHEREAS, there has been presented to the City Council of the City of Newport Beach an agreement in which MARINERS SAVINGS AND LOAN ASSOCIATION, subdivider of Resubdivision No. 408, 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 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 11th day of March, 1974. ATTEST: kfe'4'd � -.Z� • City Clerk i CERTIFIED AS THE RI L CITY CLERK OF THE CITY OF NEWP T BEACH PAM MAR 1 5 1974 DON:mh 3/7/74