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HomeMy WebLinkAbout7161 - Tract 7029 Public ImprovementsRESOLUTION NO. 7 16 �( 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 DONALD L. BREN CO. FOR THE CONSTRUCTION OF PUBLIC IMPROVEMENTS IN CONNECTION WITH TRACT NO. 70299 EXCEPT THE MAIN LINE STORM DRAIN WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Donald L. Bren Co., subdivider of Tract No. 7029, agrees to construct street and other public improvements, except the main line storm drain, 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 are hereby authorized and directed to execute said agreement 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 23rd day of March, 1970. Mayor ATTEST etc ity er c IED AS IMF LY�ue�.... _ THS tmh 3/20/70