HomeMy WebLinkAbout7810 - Tract 6905 ImprovementsRESOLUTION NO. 'd' 8.10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH IDH, A JOINT VENTURE,
ET AL., SUBDIVIDER, FOR THE CONSTRUCTION OF
IMPROVEMENTS IN TRACT NO. 6905
WHEREAS, there has been presented to the City Council
of the City of Newport Beach, an agreement in which IDH, a Joint
Venture consisting of George and William Holstein Company, Inc.,
and I.D.S. Mortgage Development Corporation, and Euclid -Ball
Company, a general partner, subdivider of Tract No. 6905,
agrees to construct street and other public improvements neces-
sary 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 11th day of September , 1972.
Mayor
ATTEST:
A&, <
City Clerk
CERTJFI 5 THE ORIGINAL
CITY CLERK OF THE CITY O IdEWPOr B'ACH
DATE: A._L. l 2...�,,,.......
DON dm
9/5/72