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HomeMy WebLinkAbout10 CONVEY UTIL SYST'S 08-18-03AGENDA REPORT Agenda Item Reviewed: City Manager Finance Director MEETING DATE: AUGUST 18, 2003 TO: FROM: SUBJECT: WILLIAM A. HUSTON, CITY MANAGER REDEVELOPMENT AGENCY STAFF AUTHORIZATION FOR CONVEYANCE OF EXISTING UTILITY SYSTEMS ON MCAS TUSTIN REUSE PLAN DISPOSAL PARCELS 23 AND 24 SUMMARY City Council authorization is requested to permit the conveyance of existing utility systems to Tustin Vistas, LLC on property identified as the MCAS Tustin Reuse Plan Disposal Parcels 23 and 24. RECOMMENDATION Authorize the City Manager or designee to execute a Bill of Sale between the City of Tustin and Tustin Villas Partners, LLC ("Developer") for existing utility systems located on portions of the Tustin Vistas site (MCAS Tustin Reuse Plan Disposal Parcels 23 and 24 owned by Developer) and all related documents subject to approval of said documents and any required liability agreement(s) as may be determined necessary by the City Manager, City Attorney and City special legal counsel; upon satisfaction of all contractual conditions and obligations of Developer under any necessary document, to transfer the utility systems to Developer. FISCAL IMPACT It has been determined based on coordination with private utility providers that the existing utility systems on the Tustin Vistas site are of little value in the redevelopment of the site. The utilities would require substantial capital investment to comply with construction standards of most utility providers and/or State of California safety standards, and will become fragmented and unusable based on the MCAS Tustin Specific Plan. BACKGROUND AND DISCUSSION In May 2002 the Navy approved an Economic Development Conveyance of property at MCAS Tustin and agreed to convey a large portion of the former MCAS Tustin to the City Council Report Tustin Legacy Reuse Plan Disposal Parcels 23 and 24 August 18, 2003 Page 2 City (Navy Conveyance Agreement). A total of 977 acres was conveyed to the City by Federal Quitclaim Deed on May 13, 2002 with approximately 176 acres of property leased to the City to be subsequently conveyed once it is determine suitable for transfer. In conjunction with this conveyance, the Navy also conveyed to the City all existing utility systems on property conveyed to the City in an "as is where is" condition by Bill of Sale. Since the Navy's conveyance, Tustin Villas Partners LLC (a partnership of Lennar and William Lyon Homes, hereinafter Developer) was the successful bidder on the Navy's public bid sale for MCAS Tustin Reuse Plan Disposal Parcels 23 and 24. The Developer has since closed escrow and owns a significant portion of the site and has leased from the Navy smaller portions of the site not yet suitable for conveyance. The Developer is now proceeding with demolition and deconstruction activities which necessitate removal of existing utilities on the site that they own that are not usable in their reuse of the subject site. Provided that the Developer agrees to not alter, modify, replace or relocate any part of the utility systems owned by the City without coordination with the City and its written consent of demolition plans, it is recommended that City-owned existing utility systems on portions of the site owned by Developer be transferred to the Developer provided that any alterations of the system do not interfere with existing utility service at Tustin Legacy needed by the City, the Department of the Navy and other tenants. ACsh~iiSstti;net Ac'itSy h iMnag~-~