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HomeMy WebLinkAbout9987 - Resubdivision 654 Off-Site Parking Agreement• RESOLUTION NO. 9987 A RESOLUTION OF THE CITY COUNCIL OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN OFF -SITE PARKING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE BANK OF NEWPORT IN CONNECTION WITH RESUBDIVISION NO. 654. WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Off -Site Parking Agreement between the City of Newport Beach and The Bank of Newport in connection with Resubdivision No. 654, and; WHEREAS, the City Council has reviewed the terms and conditions of said Agreement and finds them to be satisfactory and that it would be in the best interest of the City to execute said Agreement, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the 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 9th day of March, 1981. • May • ATTEST: City Clerk 030581 pr