HomeMy WebLinkAbout9401 - C-2040 - Traffic Signal Modificationsu
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RESOLUTION NO. 9401
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE A COOPERATIVE FINANCING
AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH
AND THE COUNTY OF ORANGE IN CONNECTION WITH
MODIFICATION OF THE TRAFFIC SIGNALS ON IRVINE
AVENUE AT THE INTERSECTIONS OF MESA DRIVE AND
UNIVERSITY DRIVE - DEL MAR AVENUE (C -3oH0�
WHEREAS, there has been presented to the City Council
of the City of Newport Beach a certain cooperative financing
agreement between the City of Newport Beach and the County of
Orange in connection with the installation of the traffic
signals on Irvine Avenue at the intersections of Mesa Drive
and University Drive - Del Mar Avenue;
WHEREAS, the City Council has considered the terms
and conditions of said agreement, 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 agreement above described
is 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 11th day of Jul
ATTEST:
,�,, L,, -
City Clerk
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............... .........._.................... .................... --
CITY CLERK OF iNE CITY OF N 7 EEACN
JUL 13 IN
YA
1978.
DDO /cr
6/30/78