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HomeMy WebLinkAbout5545 - Tract 4224 Improvementsr] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 I :mec ?2/62 (712) RESOLUTION NO. S'S-'4 J- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH NACCO CORPORATION AND HARBOR INVESTMENT COMPANY, A JOINT VENTURE, SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN TRACT NO, 4224- FMREAS, there has been presented to the City Council o the City of Newport Beach an agreement in which Macco Corporation and Harbor Investment Company, a Joint Venture, subdivider of Tract No4 4224, agrees to construct street and other public improvements necessary to serve said subdivision, and WBERZAS, subdivider has Burnished 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 found the same to be fair and equitable and in accordance with the provisions of the Code; NOW2 THEREFORE, BE IT RESOLVED that the Mayor and City Cleric be and 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 22nd day Januarry1962. Q�� Q Mayor ATTEST: City C er c 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, r / S �{ � 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 22nd day of January , 19 62 , by the following vote, to wit: AYES, COUNCILMEN: Atkinson, Cook, Stoddard. Hart. Lorenz.. Somers NOES, COUNCILMEN: None ABSENT, COUNCILMEN: Kingsley Dated this 6th day of February 19 62 -- e aAx City ler n X- cio Clerk of the �= City Council, City of Newport Beach, State of California. 0