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HomeMy WebLinkAbout7606 - Seashore Colony Tract ImprovementsRESOLUTION NO. 7606 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION • OF AN AGREEMENT WITH PATRICK O'CONNOR, DEVELOPER, FOR THE CONSTRUCTION OF IMPROVEMENTS IN LOTS 7, 9 AND 10 OF SEASHORE COLONY TRACT WHEREAS, there has been presented to the City Council of the City of Newport Beach, an agreement in which Patrick O'Connor, developer of land known as Lots 7, 9 and 10 of the Seashore Colony Tract in the City of Newport Beach, agrees to construct street and other public improvements necessary to serve said development; and WHEREAS, Developer 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 by the City Council of the City of Newport Beach 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 24th day of Jannuuaarr%y�,1972. Mayor • ATTEST- City Clerk RTIFIED AS THE 1GI�fAE _. _. .. ...... OWCLERK OF THE CITY Of WSWPORT BLACH FES 1 1912 04% DON:mh 1/21/72