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RESOLUTION NO. 7 5 4 0
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH AUTHORIZING THE
EXECUTION OF AN AGREEMENT WITH NEWPORT
BEACH TOWNHOUSES, INC., SUBDIVIDER„ FOR
THE CONSTRUCTION OF IMPROVEMENTS IN
TRACT No. 7530
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which Newport
Beach Townhouses, Inc., subdivider of Tract No. 7530, 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 12th day of October , 1971 .
ATTEST:
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City C erc
Mayor