HomeMy WebLinkAbout7335 - Tract 7223 ImprovementsRESOLUTION NO. 7 33 5
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
AN AGREEMENT WITH RICHARD B. SMITH, INC. AND
• THE IRVINE COMPANY, SUBDIVIDER, FOR THE
CONSTRUCTION OF IMPROVEMENTS IN TRACT NO. 7223
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which Richard B.
Smith, Inc. and The Irvine Company, subdivider of Tract No. 7223,
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 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 21st day of December, 1970.
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Macyyo�r� e\ --/�'
ATTEST-
City Clerk
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C IFIED AS THE QRI INAL 12/17/70
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617Y CLERK OF THE CITY OF NEN�� 47 �iWK
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DEC 2 8 197®