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HomeMy WebLinkAboutTPFA 2 ENA TUSTIN LGCY 10-18-04 A G END A REPORT Agenda Item TPFA 2 Reviewed: City Manager I/K Finance Director~~¥. MEETING DATE: OCTOBER 18, 2004 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: SUBJECT: CHRISTINE SHINGLETON, ASSISTANT CITY MANAGER EXTENSION OF EXCLUSIVE AGREEMENT TO NEGOTIATE WITH TUSTIN COMMUNITY PARTNERS, LLC FOR THE TUSTIN LEGACY MASTER DEVELOPER SITE SUMMARY Approval is requested for an extension to the Exclusive Agreement to Negotiate with Tustin Legacy Community Partners, LLC. RECOMMENDATION It is recommended that the Tustin Public Financing Authority (the "Authority") authorize the City Manager to execute an extension to the Exclusive Agreement to Negotiate (ENA) between the City of Tustin, Authority and Tustin Legacy Community Partners, LLC. FISCAL IMPACT See City Council Report on this subject. BACKGROUND See City Council Report on this subject. ~:e~ Christine Shingleton Assistant City Manager