HomeMy WebLinkAbout7869 - C-1476 - Traffic Signal InstallationRESOLUTION NO. 7 8 6 9
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH AUTHORIZING THE
EXECUTION OF A COOPERATIVE FINANCING
AGREEMENT BETWEEN THE CITY OF NEWPORT
BEACH AND THE CITY OF COSTA MESA FOR
TRAFFIC SIGNAL INSTALLATION AT HIGHLAND
DRIVE AND IRVINE AVENUE, CONTRACT C -1476
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 City of Costa Mesa for the installation of a traffic
signal at the intersection of Highland Drive and Irvine
Avenue; and
WHEREAS, the City Council has considered the terms
and conditions of said cooperative financing agreement and found
them to be fair and equitable;
NOW, THEREFORE, BE IT RESOLVED that said cooperative
financing agreement 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 13th day of November , 1972.
ATTEST:
City Clerc
• - TIFIED AS TFE INAL
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CITY CLERK OF THE CITY OF PORT REACH DON dm
/8/72
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