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HomeMy WebLinkAbout9515 - Tract 10587RESOLUTION NO. 9515 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 DAON CORPORATION IN CONNECTION WITH TRACT NO. 10587 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 Daon Corporation guaran- teeing completion of the improvements required with Tract No. 10587; 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 26th day of February , 1979. &Z v Mayor ATTEST: f� City Clerk TR=IED AS E ORIGINAL . d Z.�.O .... .......... ... ........... ....._......_ ELYY CLERK OF THE CITY OF NEWP BEACH DATE, A1A8 61978 DDO /kb 2/26/79