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HomeMy WebLinkAbout9497 - Resubdivision 528 Public ImprovementsRESOLUTION NO. 9497 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING THE PARCEL MAP FOR RESUBDIVISION NO. 582, ACCEPTING THE DEDI- CATION OF A CORNER CUTOFF AT LARKSPUR AVENUE AND EAST COAST HIGHWAY AND THE RELEASE AND RELINQUISHMENT OF ALL VEHICULAR ACCESS RIGHTS TO EAST COAST HIGHWAY, APPROVING A SUBDIVISION AGREEMENT GUARANTTING COMPLETION OF THE PUBLIC IMPROVEMENTS REQUIRED WITH RESUBDIVISION.NO. 582, 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 Parcel Map for Resubdivision No. 582, subject to the offer of dedication of a corner cutoff at Larkspur Avenue and East Coast Highway, and release and relinquish- ment of all vehicular access rights to East Coast Highway; and WHEREAS, Mutual Savings and Loan Association has made the offer of dedication of a corner cutoff at Larkspur Avenue and East Coast Highway; and 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 Mutual Savings and Loan Association guaranteeing completion of the improvements required with Resubdivision No. 582; and WHEREAS, the City Council has considered the Parcel Map and offer of dedication of a corner cutoff at Larkspur Avenue and East Coast Highway, and finds that the approval of the Parcel Map and the acceptance of the above - described offer of dedication to be in the best interest of the City; and WHEREAS, the City Council has reviewed the terms and conditions of the above - described 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 Parcel Map is approved and the offer of dedication is hereby accepted, and the City Clerk 0 is authorized to execute the certificate on said Map consistent herewith and approving the signature omissions per Section 66436(b)(1). of the Subdivision Map Act. BE IT FURTHER RESOLVED 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 January , 1979. ATTEST: �Flty Clerk E2T1F'. *D t S ^ ........................... ........................ CITY CLERK Of THE CITY O'' ti3`i�: "i,'.�, JAN 2 6 TS-M • Mayor -2- DDO /kb 1/15/79