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HomeMy WebLinkAbout11103 - Improvements in Tract 11377• RESOLUTION NO. 11103 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING AGREEMENTS WITH THE J. M. PETERS CO., INC. FOR CONSTRUCTION OF IMPROVEMENTS IN TRACT 11377 AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAME WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Subdivision Agreement between the City of Newport Beach and the J. M. Peters Company, in connection with the the subdivision of 12.115 acres into two numbered lots for residential condominium purposes and one lettered lot for private street purposes on property located at the southwesterly corner of Bison Ave. and Belcourt Dr. north in the Aeronutronic Ford Planned Community; and WHEREAS, the Planning Comm.ission has made certain findings and recommendations for the approval of the Final Map of Tract No. 11377; and WHEREAS, the Planning Commission has recommended approval of agreements with the J. M. Peters Company, Inc. for construction of improvements in Tract No. 11377 and incorporating by reference their Findings and Conditions thereon; and WHEREAS, the City Council has reviewed the terms and conditions of said Subdivision Agreement and finds them to be satisfactory and that it would be in the best interest of the City to execute said Agreement, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the 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 14th day of December , 1981. Clerk ice' ay