HomeMy WebLinkAboutPOWERPOINT PRESENTATION - TUSTIN ARMY RESERVE CENTER PARKING LOT LICENSE (ITEM 11)Tustin Army Reserve Center
Parking Lot License
City Council
November 4, 2014
Background
• From 2012 through 2014 the City and
Department of Army successfully
negotiated an Exchange Agreement to
relocate the Tustin Army Reserve Center.
• Per Exchange Agreement the Army will
relinquish use of an existing 2 -3 acre
parking area (in exchange for
replacement parking).
f' It
' "' �C *?
City Parcel
npsoed Reserve
enter Location)
Army Parcel t
(Existing Reserve Center)'
alas ea�,��, ro.Fway i _
• Located immediately
adjacent to The District
Shopping Center.
• Anticipated to be licensed to
Vestar /Kimco Tustin, L.P. for
public parking purposes at
The District.
Exchange Agreement
gust 8th -City
executed and
tendered
the Exchange
reement
to
the Sacramento
District
of
Army Corps.
gust 14th- Sacramento transmitted EA to Deputy Assistant
-.retary of the Army (DASA) for execution.
gust 24th -Office of the Under Secretary of Defense
proved Major Land Acquisition Moratorium Waiver Request
Condition: Requires re- authorization per FYI 5 N DAA
�cember 1 1 th - 1 St Qtr. 2015 - FYI NDAA approval timeframe
License Agreement
-nse Agreement between Army and City is necessary
N to open parking lot before upcoming holiday shopping
ison.
y successfully negotiated:
License between the City and Army, including Army Corps
(Sacramento), local 63rd Regional Support Command (RSC) of
the Army (Tustin, CA), and top level of 63rd RSC(Mountain View,
CA) .
Sublicense between the City and Vestar /Kimco Tustin, L.P.
License Agreement
• Terms of the License and Sublicense: 3 years
• Vestar to construct the replacement parking area:
o Assumes all rights and obligations per City /Army license
o Pays all costs for constructing the replacement improvements
o Provides all necessary indemnifications to the City
Recommendation
e and authorize the City Manager to execute:
I ense Agreement for Parking on
the
Tustin
Army Reserve
ind
between
the
Department
of
the
Army
and
the City;
blicense by and between the City and Vestar /Kimco
n L.P. to assign the City's rights and responsibilities under
_icense Agreement to Vestar /Kimco Tustin L.P..