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HomeMy WebLinkAbout7156 - Tracts 7028 & 7029 Main Line Storm DrainRESOLUTION N0. 7 15 6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT. BEACH AUTHORIZING THE EXECUTION, OF AN AGREEMENT BETWEEN.THE CITY OF NEWPORT BEACH AND NEWPORT HIILLS,.INC., FOR THE CONSTRUCTION OF THE MAIN LINE STORM DRAIN IN CONNECTION WITH TRACT NOS. 7028 AND 7029 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which NEWPORT HILLS, INC, agrees to construct the main line storm drain in connection with Tract Nos. 7028 and 7029; and WHEREAS, Newport Hills, Inc. 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 said agreement for the construction of the main line storm drain in connection with Tract Nos. 7028 and 7029 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 at such time as said security is approved by the City Manager as to sufficiency and the City Attorney as to form. ADOPTED this 9th day of March , 1970. Mayor Pro-TerA ATTEST: CERTY)ED AS THE cF.IGI� City'C e)'�a.y .......::...., ... . CSE9K Of THE CITY O bFwr 55ACH THS ° eg (_ 3/6/70