HomeMy WebLinkAboutRDA PURCHASE PROP 05-06-85 ENDA REDEVELOPMENT AGENCY
No_._4
DATE: MAY 6, 1985 Inter-C°m /
TO:
FROM:
SUBJECT:
HONORABLE CHAIRNAN & MEMBERS OF THE REDEVELOPMENT AGENCY
WILLIAN A. HUSTON, EXECUTIVE DIRECTOR
AUTHORIZATION TO PURCHASE PROPERTY FROM TUSTIN UNIFIEO
DISTRICT
SCt100L
RECOMMENDATION
That the Agency:
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3e
Approve the purchase of a 1.229 acre site from the Tustin
Unified School District;
Appropriate $775,000 from the Town Center Capital Projects Fund
for purchase of the site; and
Authorize the Executive Director of the Agency to open an escrow
account and execute documents necessary to consumate the
purchase.
DISCUSSION
The City Council has previously endorsed the recommendation of the Steering
Committee for Senior Center that the School District site be acquired. This
site, together with a portion of adjacent Peppertree Park, forms a site large
enough to accommodate a building and parking as delineated in the 1984 study
prepared by Recreation Systems, Inc., "Study of Scope and Function-Senior
Center."
Use of Town Center Project Area funds to acquire the school property is
permitted by State redevelopment law.
WILLIAM A. HUSTON
Executive Director