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HomeMy WebLinkAbout9832 - Beacon Bay Lease TermRESOLUTION NO. 9832 • A RESOLUTION OF THE CI`.CY COUNCIL OF THE CITY OF NEWPORT BEACH EXTENDING THE TERM OF THE BEACON BAY LEASE COMMP.PTEE TO DECEMBER, 1980 WHEREAS, on August 23, 1976, the City Council of the City of Newport Beach adopted Resolution No. 8879 establishing the Beacon Bay Lease Committee; and WHEREAS, said Committee was to go out of existence on October 25, 1976; and WHEREAS, on May 8, 1978, the City Council adopted Resolution No. 9330 reestablishing the Beacon Bay Lease Committee and extending its term to May 1, 1980; and WHEREAS, the final approvals of the Beacon Bay residential lease have not been finally accepted by the State of California and the leases executed; and WHEREAS, it is appropriate to extend the term of the Beacon Bay Lease Committee, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach does hereby extend the term of the Beacon Bay Lease Committee which shall have the following purposes: 1. Continue final negotiations with the Beacon Bay Homeowners Association.in regard to the finalization of a lease for the residential uses in Beacon Bay; • 2. Report back to the City Council from time to time in regards to the lease. BE IT FURTHER RESOLVED that this Committee shall be terminated and cease to exist on or before December 31, • 1980. ADOPTED this 14th day of July , 1980. ATTEST: City Clerk IPIED AS E OR*INAL ... - -- MY CLERK OF THE CITY OF H B60 GC JUL 18 1980 DATE, 0 -2- yo HRC /kv 7/8/80