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HomeMy WebLinkAbout7490 - University Drive North ImprovementRESOLUTION NO. 7 49 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF • AN ARTERIAL HIGHWAY FINANCING PROGRAM AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE COUNTY OF ORANGE FOR THE IMPROVEMENT OF UNIVERSITY DRIVE NORTH FROM JAMBOREE ROAD TO MACARTHUR BOULEVARD WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Arterial Highway Financing Program agreement between the City of Newport Beach and the County of Orange for the improvement of University Drive North from Jamboree Road to MacArthur Boulevard; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said Arterial Highway Financing Program agreement for the highway improve- ments above described 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. ADOPTED this 26th day of July, 1971. loe fy . Mayor� ATTEST: .701- • 'City Clerk � -7% CERTIFIED S THE ORIGINAL CITY CLERK OFT CITY of EWi_oRT 9kACN DO IN: adw SAYE_ __.. JUL 3 0 10 7/16/71 ..__....