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HomeMy WebLinkAbout7553 - Tract 7511 ImprovementsRESOLUTION NO. 7 5 5 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH SPYGLASS • HILL, A DIVISION OF JOHN D. LUSK & SON, SUBDIVIDER, FOR THE CONSTRUCTION OF IM- PROVEMENTS IN TRACT NO. 7511 WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Spyglass Hill, a Division of John D. Lusk & Son, subdivider of Tract 7511, agrees to construct street and other public improve- ments 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 26th day of October , 19 71 . Mayor ATTEST: City Clerk CERTIFIED AS TH O , iPIAd� .::..1�.....E .... .... r,gy CLERK OF THE C;Y OF W& PORT BEAC04 NOV 2 1�� RAM