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RESOLUTION NO. 8 370
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH AUTHORIZING THE
EXECUTION OF AN AGREEMENT WITH LEROY L.
CARVER, JR., SUBDIVIDER, GUARANTEEING
COMPLETION OF THE PUBLIC IMPROVEMENTS
REQUIRED TO BE CONSTRUCTED WITH THE
DEVELOPMENT OF RESUBDIVISION NO. 460
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which LEROY L.
CARVER, JR., Subdivider of Resubdivision No. 460, agrees to
guarantee the completion of the public improvements required to
be constructed with the development of said resubdivision; and
WHEREAS, subdivider has furnished security to assure
the faithful performance under said agreement in accordance with
the Newport Beach Municipal Code; and
WHEREAS, the City Council has reviewed said agreement
and found the same to be fair and equitable and in accordance
with the provisions of the Code;
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City
Clerk are hereby authorized and directed to execute the same on
behalf of the City of Newport Beach at such time as said security
is approved by the City Manager as to sufficiency and the City
Attorney as to form.
ADOPTED this 15th day of October , 1974.
ATTEST:
Cfty Clerk
CE ED AS TH O^ AL
61TY CL RK OF THE CITY OF PORT BEACH
9AT& 0 C 17
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10/8/74