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HomeMy WebLinkAbout8330 - Irvine Avenue ImprovementsRESOLUTION NO. 8330 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE ORANGE COUNTY FLOOD CONTROL DISTRICT AND THE CITY OF COSTA MESA FOR IRVINE AVENUE IMPROVEMENTS AT DOVER DRIVE AND 19TH STREET WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain cooperative financing agreement between the City of Newport Beach and the Orange County Flood Control District and the City of Costa Mesa for Irvine Avenue Improvements at Dover Drive and 19th Street; and WHEREAS, the City Council has considered the terms and conditions of said cooperative financing agreement and found them to be fair and equitable, and in the best interests of the City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said cooperative financing 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 12th ATTEST: C TIFIED AS THE WICiNA.L CITY CLERK OF THE CITY OF N F02T BEACH ®ATLe AU' 91974 day of August , 1974. DDO/bc 8/7/74