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HomeMy WebLinkAbout9345 - Subdivision 566 ImprovementsRESOLUTION NO. 9345 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING A SUBDIVISION AGREEMENT GUARANTEEING COMPLETION OF THE IMPROVEMENTS REQUIRED WITH SUBDIVISION NO. • 566, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE AGREEMENT WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Subdivision Agreement between the City of Newport Beach and Laguna Federal Savings and Loan Association, guaranteeing completion of the improvements required with Subdivision No. 566; and WHEREAS, the City Council has reviewed the terms and conditions of said Subdivision Agreement and finds them to be satisfactory and that it would be in the best interest of the City to authorize the Mayor and City Clerk to execute said greement; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said agreement above described is hereby approved, and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 22nd day of ATTEST: • 4ty Clerk EkT*1eD THE 0MOINAL ........._ _... ..._.._............_ CITY CLERK OF THE CITY UP N T BEACH MAY 2 5 1978 DAT5 1978. DDO /bc 5/19/78