HomeMy WebLinkAboutTPFA MINUTES 2002 08 22 MINUTES
SPECIAL JOINT MEETING OF THE CITY COUNCIL AND
TUSTIN PUBLIC FINANCING AUTHORITY
CITY OF TUSTIN, CALIFORNIA
AUGUST 22, 2002
4:01 p.m.
CALL TO ORDER
ROLL CALL
Council Present:
Council Absent:
City Clerk:
Others Present:
Mayor Jeffery M. Thomas (arrived at 4:05 p.m.), Mayor Pro Tem
Tracy Wills Worley, Councilmembers Mike Doyle, Lou Bone and
Tony Kawashima
None
Pamela Stoker (absent)
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
recommendation
o
TUSTIN LEGACY DISPOSITION STRATEGY AND
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
,
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.
JEFFERY M. "FFIOMAS, MAYOR
~ELA-S-'I-~)KER, CITY CLERK
Minutes - Special Joint Meeting of City Council Tustin Public Financing Authority August 22, 2002 - Page 2