HomeMy WebLinkAbout7712 - Tract 7052 Street & Water ImprovementsRESOLUTION NO.`7�.. 7 12
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH I.D.H., A JOINT VENTURE,
SUBDIVIDER, FOR THE CONSTRUCTION OF STREET
AND WATER IMPROVEMENTS IN TRACT NO. 7052,
FUTURE VISTA DEL BOLSA
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which I.D.H., a
Joint Venture, subdivider of Tract No. 7052, agrees to construct
future water and street improvements of the half -width of Vista
del Bolsa in 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 June , 1972.
ATTEST:
City Clerk
6ERT . L•D AS
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C�HV GRBK OF THE CITY OF NEW!' '' T S.iACH
JU�1 1 G 1972
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6/9/72