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HomeMy WebLinkAbout8370 - Resubdivision 460 Public Improvements• • RESOLUTION NO. 8 370 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH LEROY L. CARVER, JR., SUBDIVIDER, GUARANTEEING COMPLETION OF THE PUBLIC IMPROVEMENTS REQUIRED TO BE CONSTRUCTED WITH THE DEVELOPMENT OF RESUBDIVISION NO. 460 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which LEROY L. CARVER, JR., Subdivider of Resubdivision No. 460, agrees to guarantee the completion of the public improvements required to be constructed with the development of said resubdivision; 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 15th day of October , 1974. ATTEST: Cfty Clerk CE ED AS TH O^ AL 61TY CL RK OF THE CITY OF PORT BEACH 9AT& 0 C 17 T'00 a DDO /bc 10/8/74