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RESOLUTION NO. 6903
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT WITH PANAMINT CONSTRUCTION.COMPANY,
SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS
IN.TRACT N0. 6689
WHEREAS, there has been presented to the City Council
of the City of Newport Beach an agreement in which the Panamint
Construction Company, subdivider of Tract No. 6689, agrees to
construct street and other public improvements necessary to serve
said subdivision; 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 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 25th day of November, 1968.
ATTEST:
city clerk
i
CWTIFIFD AS THE OA;OIWAL
--- -- -----
CITY dLERK OP THE C
Ty OF � WPORT BEACH
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