HomeMy WebLinkAboutRDA AGENDA 11-27-01 AGENDA
TUSTIN COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING
CITY OF TUSTIN
NOVEMBER 27, 2001
12:00 P.M.
CALL TO ORDER
ROLL CALL
PUBLIC INPUT- Members of the public may address the Redevelopment Agency on
items on the Agenda.
REGULAR BUSINESS (ITEM NO. 1)
,
ENVIRONMENTAL INSURANCE- MARINE CORPS AIR STATION, TUSTIN
City Council authorization is required to secure environmental insurance coverage
for certain property at the former MCAS-Tustin site by December 31,2001 and prior
to acceptance by the City and/or the Tustin Redevelopment Agency of any property
at the former facility.
Recommendation by the Redevelopment Department:
It is recommended that the City Council and Redevelopment Agency authorize staff
to bind environmental insurance coverage from ECS Insurance Company for
portions of the MCAS-Tustin property, subject to special legal counsel approval of all
policy endorsements, and to authorize premium payments in the installment
amounts as follows: 20% of the total premium due upon inception of the policy; 40%
of the total policy premium on or before July 1, 2002 and 40% of the total premium
on or before December 21,2002.
ADJOURNMENT- The next regular meeting of the Tustin Community Redevelopment
Agency is scheduled for December 3 2001, at 7:00 p.m., in the Council Chamber, 300
Centennial Way.
Agenda - Tustin Community Redevelopment Agency Special Meeting November 27, 2001