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RESOLUTION NO. 8479
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE A COOPERATIVE FINANCING
AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH
AND THE COUNTY OF ORANGE IN CONNECTION WITH
INSTALLATION OF TRAFFIC SIGNAL (INTERSECTION
OF BRISTOL STREET AND BIRCH STREET) AND MODI-
FICATION OF TRAFFIC SIGNAL (BRISTOL STREET
AND IRVINE AVENUE - CAMPUS DRIVE)
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 County of
Orange in connection with the installation of a traffic signal
(intersection of Bristol and Birch Streets) and the modification
of a traffic signal (Bristol Street and Irvine Avenue - Campus
Drive); and
WHEREAS, the City Council has considered the terms
and conditions of said 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 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 28th
ATTEST:
IfIED AS THE AL
6BYV C6EA ( OF YFIE CITY OF PIEY 2 -CT �H
-075
day of April , 1975.
?y
DDO /bc
4/24/75