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HomeMy WebLinkAbout5840 - Tract 3975 Improvements815'63 (12) 1 RES SOLUTION NO. Sg�{a 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NELSROLVI BEACH AUTHORIZING THE EIMCUTION OF. AN 3 AGREE1,017T U ITH BAYCREST DEVELOPMENT CO., SUB- DIVIDER, FOR.THE CONSTRUCTION OF IMPROVEMENTS 4 IN TRACT N0. 3975 5 6 t•7IM'P.EAS, there has been presented to the City Council of 7 the City of Newport Beach an agreement in which Baycrest Developmen 8 Co., a co- partnership., subdivider of Tract No. 3975, agrees to con - 9 struct street and other public improvements necessary to serve said 10 subdivision; and 11 WHEREAS, subdivider has furnished security to assure the 12 faithful performance under said agreement in accordance with the 13 Newport Beach Municipal Code; and 14 L EAS, the City Council has reviewed said agreement and 15 found the same to be fair and equitable and in accordance with the 16 provisions of the :ode; 17 N(YU, THEREFORE, BE IT RESOLVED that the Mayor and City 18 Clerk be and are hereby authorized and directed to execute the 19 same on behalf of the City of Newport Beach at such time as said 20 security is approved by the City Manager as to sufficiency and the 21 City Attorney as to form. 22 ADOPTED this 12th day of August, 1963. 23 24 mayor 25 ATTEST: 26 27 , City C er 28 29 30 31 32 % STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) I, MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach.filed and maintained in my office, the foregoing Resolution No. 5840 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach,. California, at a regular meeting of said City Council held at -the regular meeting.place thereof,, on the 12th day of August , 19 63 by the following vote, to wit: AYES, COUNCILMEN: Stoddard, Gruber, Bart. Lorenz Marshall, Elder NOES, COUNCILMEN: None ABSENT, COUNCILMEN: Cook Dated this 15th day of August „ 19 63 City Clerk and Ex- Officio Clerk of the City Council, City of Newport Beach, State of California.