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HomeMy WebLinkAbout5407 - Kay Agreement Tract 4106VOC 510-/61C(12) 1 II RESOLUTION No. 5407 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MCECUTION OF AN 3 AGREEMENT WITH MICHAEL.D. KAY AND VIVIAN N. KAY, SUBDIVIDERS, FOR.THE,CONSTRUCTION OF IMPROVEMENTS 4 IN TRACT NO. 4106 8 6 WHEREAS, there has been presented to the City Council of 7 the City of Newport Beach an agreement in which Michael D. Kay and 8 Vivian h.. Kay, subdividers of Tract No. 4106, agree to construct 9 street and other p�sI is improvements necessary to serve said sub - 10 division; and 11 AREAS, subdividers have furnished seeuaity to assure 12 the faithful performance under said agreement in accordance with 13 the Newport Beach Municipal Code; and 14 A REAS, 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 Code; 17 NUU2 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 23 24 25 26 27 28 29 30 31 32 ADOPTED this 8th A TEST° Caty Clerk 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. 5407 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 8th day of May , 19 61 , by the following vote, to wit: AYES, COUNCILMEN: Kingsley, Atkinson, Cook, Stoddard, Hart, Lorenz, Somers NOES, COUNCILMEN: None ABSENT, COUNCILMEN: None Dated this 10th day of May , 19 61 . City Council, City of Newport Beach, State of California.