Loading...
HomeMy WebLinkAboutCC MINUTES 2002 08 22 (CC & TPFA)4:01 p.m. MINUTES SPECIAL JOINT MEETING OF THE CITY COUNCIL AND TUSTIN PUBLIC FINANCING AUTHORITY CITY OF TUSTIN, CALIFORNIA AUGUST 22, 2002 CALL TO ORDER REGULAR BUSINESS (ITEMS 1 THROUGH 2) Approved staff 1. TUSTIN LEGACY DISPOSITION STRATEGY AND recommendation SUBSEQUENT DEVELOPER SOLICITATIONS The following member of the audience spoke in favor of the Tustin Legacy Disposition Strategy and Subsequent Developer Solicitations: Craig Furniss, Lowe Enterprises It was moved by Worley, seconded by Kawashima, to approve (1) A Master Developer Approach, rather than a Multiple Disposition Approach should be pursued for future disposition of property with the exception of original Packages 1 and 6a (as expanded to include Reuse Plan disposal parcels 10 and 12) and potentially Reuse Plan disposal parcel 34 as shown on Exhibit A (depending on the outcome of Navy bid responses to disposal parcel 35 and further interaction and discussions with the successful bidder of this parcel) and (2) A more specific performance measurement Request for .Qualifications (RFQ) process should be used to select a master developer for future disposition sites in the Tustin Legacy project as identified in item 1 above based on RFQ responses. The City would then work with the selected developer, at developer's expense to formulate a more refined development plan and business approach and offer to serve as the basis for terms in a disposition and development agreement. Motion carried 5 -0. Approved 2. LETTER OF CREDIT: SANTA ANA UNIFIED SCHOOL DISTRICT SETTLEMENT AGREEMENT It was moved by Worley, seconded by Bone, to authorize extension of the date to secure a letter of credit to September 13, 2002. Minutes — Special Joint Meeting of City Council Tustin Public Financing Authority August 22, 2002 — Page 1 ROLL CALL Council Present: Mayor Jeffery M. Thomas (arrived at 4:05 p.m.), Mayor Pro Tern Tracy Wills Worley, Councilmembers Mike Doyle, Lou Bone and Tony Kawashima Council Absent: None City Clerk: Pamela Stoker (absent) Others Present: William A. Huston, City Manager; Christine Shingleton, Assistant City Manager; Lois Jeffrey, City Attorney; Doug Holland, Assistant City Attorney; Elizabeth Binsack, Director of Community Development; Arlene Marks, Director of Human Resources; Tim Serlet, Director of Public Works; Beverley White, Chief Deputy City Clerk; and approximately 10 in the audience. None PUBLIC INPUT REGULAR BUSINESS (ITEMS 1 THROUGH 2) Approved staff 1. TUSTIN LEGACY DISPOSITION STRATEGY AND recommendation SUBSEQUENT DEVELOPER SOLICITATIONS The following member of the audience spoke in favor of the Tustin Legacy Disposition Strategy and Subsequent Developer Solicitations: Craig Furniss, Lowe Enterprises It was moved by Worley, seconded by Kawashima, to approve (1) A Master Developer Approach, rather than a Multiple Disposition Approach should be pursued for future disposition of property with the exception of original Packages 1 and 6a (as expanded to include Reuse Plan disposal parcels 10 and 12) and potentially Reuse Plan disposal parcel 34 as shown on Exhibit A (depending on the outcome of Navy bid responses to disposal parcel 35 and further interaction and discussions with the successful bidder of this parcel) and (2) A more specific performance measurement Request for .Qualifications (RFQ) process should be used to select a master developer for future disposition sites in the Tustin Legacy project as identified in item 1 above based on RFQ responses. The City would then work with the selected developer, at developer's expense to formulate a more refined development plan and business approach and offer to serve as the basis for terms in a disposition and development agreement. Motion carried 5 -0. Approved 2. LETTER OF CREDIT: SANTA ANA UNIFIED SCHOOL DISTRICT SETTLEMENT AGREEMENT It was moved by Worley, seconded by Bone, to authorize extension of the date to secure a letter of credit to September 13, 2002. Minutes — Special Joint Meeting of City Council Tustin Public Financing Authority August 22, 2002 — Page 1 Motion carried 5 -0. ADJOURNMENT— Mayor Thomas adjourned the meeting at 4:45 p.m. The next regular meeting of the City Council was scheduled for Tuesday, September 3, 2002, at 7:00 p.m. in the Council Chamber at 300 Centennial Way. i JEFFERY M.YHOMAS, MAYOR r. -- — Minutes — Special Joint Meeting of City Council Tustin Public Financing Authority August 22, 2002 — Page 2