HomeMy WebLinkAbout7315 - Tract 7166 ImprovementsRESOLUTION NO. 7 31 5
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT WITH IDH, A JOINT VENTURE, SUBDIVIDER,
• FOR THE CONSTRUCTION OF IMPROVEMENTS IN
CONNECTION WITH TRACT NO. 7166
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which IDH, a
Joint Venture, subdivider of Tract No. 7166, agrees to construct
street and other public improvements necessary to serve said
subdivision including Vista del Oro improvements, adjacent to
said tract; 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 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 23rd day of November, 1970.
•
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Mayor
ATTEST-
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[ED AS THE O AL
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11/19/70