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HomeMy WebLinkAbout8296 - Dover Drive- Irvine Avenue- 19th Street Intersectionst RESOLUTION NO. 8296 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 THE CONSTRUCTION OF DOVER DRIVE -- IRVINE AVENUE -- 19TH STREET INTERSECTION IMPROVEMENTS 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 construction of Dover Drive -- Irvine Avenue -- 19th Street Intersection improvements; and WHEREAS, the City Council has considered the terms and conditions of said cooperative financing agreement and found them to be fair and equitable, and in the best interests of the City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach 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 24th day of June , 1974. ice.. R R .��� __ ATTEST; i } RT�IFI�ED AS THE GINAL CITY CLERK OF THE CITY OF VPORT BEACH DDO/bc ®ArE _____AL11. 197.4....._...._..._......_.. 6/19/74