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HomeMy WebLinkAbout09 TUSTIN LEGACY 09-15-03AGENDA REPORT Agenda Item Reviewed: City Manager Finance Director MEETING DATE: SEPTEMBER 15, 2003 TO: FROM: SUBJECT: WILLIAM HUSTON, CITY MANAGER REDEVELOPMENT AGENCY TUSTIN LEGACY MASTER DEVELOPER SELECTION PROCESS SUMMARY City Council consideration is requested of the results of the interview process in the Tustin Legacy Master Developer selection process. RECOMMENDATION It is recommended that the City Council confirm the recommendation of the Technical Evaluation Committee to either: 1) select a specific development team as the Master Developer for Tustin Legacy and authorize staff to execute the Exclusive Agreement to Negotiate with said development team; or 2) short-list the five developer teams participating in the interview process further and discuss a recommended process of additional follow-up and research by the Technical Evaluation Team, the Ad-hoc Council Committee, and City Council prior to a final recommendation of the Master Developer. BACKGROUND The Tustin City Council confirmed a short list of developers to proceed to the interview stage in the Tustin Legacy Master Developer selection process at their regular meeting of September 2, 2003. As part of the next stage in the selection process, the Technical Evaluation Team subsequently distributed to each short-listed developer certain written questions and each developer was asked to sign an Exclusive Agreement to Negotiate as a condition to their participation in an oral interview. Oral interviews were then held on September 10 and 11 with the Technical Evaluation Team and the Ad-hoc Council Committee consisting of Mayor Worley and Councilman Thomas. On the basis of the interviews, the Ad-hoc Council Committee will provide an overview of the their ranking of each of the short-listed developers at the regular meeting on September 15, 2003 and will recommend to the full City Council either: 1) selection of a specific development team as the Master Developer and authorization to staff to execute the Exclusive Agreement to Negotiate with said development team; or 2) William Huston Tustin Legacy Master Developer Selection September 15, 2003 confirmation of a further short-list of the five development teams participating in the interview process and discussion of a recommended process for additional follow-up and research by the Technical Evaluation Team, the Ad-hoc Council Committee, and City Council before a final recommendation is made of the Master Developer.