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HomeMy WebLinkAbout8003 - Traffic Signal Installations• RESOLUTION NO. 8 ® 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A REIMBURSEMENT AND RIGHT OF ENTRY AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE IRVINE COMPANY FOR INSTALLATION OF CERTAIN TRAFFIC SIGNALS WITHIN THE CITY OF NEWPORT BEACH WHEREAS, there has been presented to the City Council of the City of Newport Beach a reimbursement and right of entry agreement between the City of Newport Beach and The Irvine Company for the installation of the following traffic signals: (A) Newport Center Drive and Newport Center Drive East and West; (B) Newport Center Drive and Santa Rosa Drive; and (C) San Joaquin Hills Road and Santa Cruz Drive - Big Canyon Drive; 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 agreement 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 11th day of June , 1973. ATTEST: W"' FPWT W Awmap� OE IED AS THE ORIG CRY CLERK OF THE CITY OF NEWT T &,ACH IDAM1 .. -B? 5. _ .............._............... DON:sh 6/8/73