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HomeMy WebLinkAbout11085 - Rescision Agreement for C-2266• RESOLUTION NO. 11085 A RESOLUTION OF THE CITY COUNCIL,OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A RESCISSION AGREEMENT IN CONNECTION WITH A PUBLIC! WORKS CONTRACT WITH B -1 ENTERPRISE CORPORATION WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Rescission Agreement between the City of Newport Beach and B -1 Enterprise Corporation, in connection with proposed reconstruction of curb and sidewalk along Pacific Coast Highway between Avocado and Poppy Avenues; and WHEREAS, the City Council has reviewed the report from the City Attorney's office and the Public Works Department which considered, among other things, the rescission of Contract No. C- 2266 previously entered into with B• -1 Enterprise Corporation, and finds that it would be in the best :interests of the City to rescind Contract No. C -2266 which is now in effect. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the Rescission described is approved, which agreement will & rescind Public Works Contract No. C -2266 with Corporation, and the Mayor and City Clerk are and directed to execute same on behalf of the Beach. Agreement above - -id hereby does B -1 Enterprise hereby authorized City of Newport ADOPTED this 9th day of November , 1981. • Iii • ATTE /� 4:� City Clerk 11/9/81 pr