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HomeMy WebLinkAbout9399 - Tract 10274• • RESOLUTION NO. 9399 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A SUBDIVISION AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE BANK OF NEWPORT IN CONNECTION WITH TRACT NO. 10274 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 the Bank of Newport guaranteeing completion of the improvements required with Tract No. 10274; 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 agreement. 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 ATTEST: City Clerk AS f ORI3FNAb _ .. .... ....... - CITY CLERK OF THE CITY OVA fiAC37 JUL ] 3 ,1978 ®AY6 11th day of July , 1978. NAME le - 1145 DDO /cr 6/29/78