HomeMy WebLinkAbout7768 - Traffic Signal ModificationRESOLUTION NO. 7 76 a
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF
A COOPERATIVE FINANCING AGREEMENT WITH THE
STATE OF CALIFORNIA DIVISION OF HIGHWAYS FOR
TRAFFIC SIGNAL MODIFICATION AT HOSPITAL ROAD/
NEWPORT BOULEVARD
WHEREAS, there has been presented to the City Council
of the City of Newport Beach a certain cooperative financing
agreement between the City of Newport Beach and the State of
California Division of Highways for traffic signal modification
at the intersection of Hospital Road with Newport 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 cooperative
financing agreement for the traffic signal modification 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 24th day of July , 1972 .
Mayor
ATTEST:
e.
ity lerk
IFIED AS THE ORIGINAL
C19V CLERK OF THE CI OF WEVWORT BEACH
DATE, .__._JUL_27 Blz_