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HomeMy WebLinkAbout8335 - Acquisition & Development of ParksRESOLUTION NO. 8335 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF THREE REVENUE SHARING AGREEMENTS BETWEEN THE CITY OF NEWPORT BEACH AND THE COUNTY OF ORANGE FOR THE ACQUISITION AND DEVELOPMENT OF PARKS FOR RECREATIONAL USE WHEREAS, there has been presented to the City Council of the City of Newport Beach three revenue sharing agreements between the City of Newport Beach and the County of Orange in connection with the acquisition and development of parks for recreational purposes, as follows: and 1. For the acquisition of Inspiration Point; 2. For the acquisition of Cliff Drive View Park; and 3. For the development of Rhine Wharf Park; WHEREAS, the City Council has considered the terms and conditions of said revenue sharing agreements 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 three revenue sharing agreements above described are 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 12th day of August, 1974. Mayor itATTEST: 42�� &:% � Cit Clerk \CZERr IED AS THE 91 OAL ............... mh GM CLERIC OF THE CITY OF NE 7 BEACH 7 19 74 AUG 191974<