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HomeMy WebLinkAbout86-87 - Coast Highway Improvement ProjectRESOLUTION NO. 86 -87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZINI3 THE MAYOR AND THE CITY CLERK TO EXECUTE PROGRAM SUPPLEMENT NO. 5 • TO LOCAL AGENCY /STATE AGREEMENT NO. 07 -5151 COVERING THE FAU FUNDING FOR THE CONSTRUCTION OF THE COAST HIGHWAY IMPROVEMENT PROJECT FROM MacARTHUR BOULEVARD TO JAMBOREE ROAD WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Program Supplement No. 5 to Local Agency /State Agreement No. 07 -5151 covering the FAU funding for the Coast Highway improvement project; and WHEREAS, the City Council has reviewed the terms and conditions of said Program Supplement No. 5 to Local Agency /State Agreement No. 07 -5151 covering the FAU funding for the construction of the Coast Highway improvement project from MacArthur Boulevard to Jamboree Road, and finds them to be satis- factory and that it would be in the best interest of the City to authorize the Mayor and the City Clerk to execute said Program Supplement; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said Program Supplement above described is approved, and the Mayor and the City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 22nd clay of September . 1986. ATTEST: ' Assist, ity Clerk •