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HomeMy WebLinkAbout7422 - Resubdivision 289 ImprovementsRESOLUTION NO. 7 4 22 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH THE IRVINE COMPANY, SUBDIVIDER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN RESUBDIVISION NO. 289 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which The Irvine Company, subdivider of Resubdivision No. 289, agrees to construct street and other public improvements on the westerly one -half of Avocado Avenue, adjacent to said Resubdivision No. 289; 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 17th day of May, 1971. Mayor ATTEST: . C' y Clerk THEM-C _=SMIFIED AS CITY CLERK OF THE CITY OF NEWPORT YEACH 2 1 ION THS:adw 5/12/71