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RESOLUTION NO, 7 77 2
A RESOLUTION OF THE CITY COUNCIL
OF NEWPORT BEACH AUTHORIZING THE
OF AN AGREEMENT WITH RICHARD B.
FOR THE CONSTRUCTION OF IMPROVEN
TRACT NO. 7638
OF THE CITY
EXECUTION
SMITH, INC.,
SUBUIV IDER,
:NTS IN
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which
RICHARD B. SMITH, INC. , subdivider of
Tract No. 7638 , 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
ATTEST:
City Clerk
14th day of August , 19 72 .
C�ERTI D AS THE ORIGINAL
—C T
CITY CLERK OF THE CI. _F, NE WP .. 51 ............... .... ...._.... .._. ......
DATE:
mh
8/14/72