HomeMy WebLinkAbout18 LEGACY DDA - LETTER RCVD FOR RECORD 04-03-06
04/03~~006 11:4~. FAX
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SEI:)GWICK
DETERT, ^~ORAN & ARNOLD~LP
Facsimile Transmittal Sheet
:3 pork P la1 I: ~ 7111 Floor
Irvinej CDI" )Itlia 92614.a5AO
te I~ 949 -as; .e.200 fax.: ~49 .652.8282
DA TE~ APRlL 3, 2006
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IF ANY PORTION OF THE. FOLLOVrTNG DOCWriEl\."'T 151LL.E:GIBLE OR MlSSlNG~ PLEASE CA L.L
OLIft FAA CENTER AT (949) 852.8200 AS SOOK AS POSSIBLE,
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_Do ug D lYert City of Tustin (714) 573-3010 (714) 838... 1602
City Co JiQcil Nt embers City of Tustin
(714) 573.30~, 0
(714) 838-1602
FROM:
}Jame:
Geoffrey K. Willis
Fax Back l\:umber:
(949) & 52.. 8282
Office:
Irvine
Ow File No.:
"30d. s- ,~~\ 9S
Re:
Tustin L:;gacy Disposition and Development Agrt::;tUellt
(I'vlaster D~veloplnent Site) 06-01
MESS) (;E:
Please: ~ ~~~ attached correspondence cftodayTs date.
I PRIVIL.~GE AND CONFmENT IALlT'\J N OTIC [. ~
lThl: infon: la tlOn CDl1ainec In thi~ r;lcsimHt: mc~.sZ\.8e 15 nttom~ pnvileg~d !\m] :n-"fftlenfillt jnfonrl~\1j{lll lluc.ndcd on1) fQT th~ per50U or ynTrty 'I
n nmed ahl fl~~ If yo u nre n.ot the in rc l'l.i:t c.d rtc j p; enL (C) r someone rospon sib I~ I a (j el ~ver ~ C" lh t' in rcndl;d fee ;plem) I 131e-a3c be; iII""T1;:i th ELl ElIl Y
d iJ5cmlnu lcn Or c.o~yillg Qfthh: cDmmuni~tltion IS strictly proh.ibit~d. IfYO"L1 'hfl\'C rcc~j'i~d thi.!i c~~'j'\f.iun.icari():n in ~TTDr, pl~fl5e corif}! us by
te lep bone n lmed lately at (949) 852 - ~ 2 0 0 and. rerum the ori g:j n ~l m~ ~~ge 10 l1 ~ ~J rue ad -d r-'.....;i ~ aO(] \I1~ via. d\e U. S. Po sts.l S t:rv t l:C- Tb:w; you.
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04/03./2006 1~:48 FAX
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SEDG~ ,riCK
DET~R.Tf ^~ORAN l ,lRNOlDt.LP
3 ~2rk Fiaz~1 17tJl Fie Jr
Irvine~ Carjforni~ 926 A .8S40
let 919, ~52.S200 Fa : 9~ 9,852- B282
W\iVW,SOmil-oom
Apr 13~ 2006
VM ~ACS/~11LE ONLl'
DOL g Davert
Ma~(lr
Cit) of Tustin
300 Centel1l1ial Way
"[us i~[}~ CA 92780
City Council ~~[embers
City of Tustin
300 Centennial '\Vay
Tustin, CA 9:2780
Re~ Tustin Legacy Disposition and DeveJopment Agreeme~t
(l\taster Development Site) 06~Ol
Our File N04: 3025-126193
Def l Mayor and City Council Members:
On },~half of Tustin Unified School District ClTUSD rJ)~ I am ~1riting to you regarding the
Tus i[1 Legacy Disposition and Developlnent Agreentent (!\1asrer Developlnenl Site) 06-01
efT' l~:tin Legacy DD~4..~') which is on ca1t:.ndar before the 'Tustin City Council tonight. ,^~hile
TV' :J) is delighted to see that Tustin Legacy and the City are IIloving fOT\vard with the next
pha ~(: of developrnell.t ofMCAS..l~ustin property, TUSD is concerned about the fluHling
reql jreTneots for TUSD schools under the Tuslrn Legacy DDA.
Un~ ei Section 8.12 of the Tustin Legacy DDA, the Communit)f Facilities District CTCFD'~)
fin;: ilcing for TUSD frODl Tustin Legacy tS Bet at 0.150/0. TUS~J has two concerns about the
0.1: ~.'U CFD financing rate for Tustin Legacy. First~ the rate of 0.150/0 1:5 inconsistent with the
O.211~/O CFD rate reached in an agreement bet\v~cn TUSD and !\,jl~ffett fvfeado\~lS Partners,
LL( ~, \iv-ilIiam Lyon I-Iomes~ me-=, Ora ..-\s.toria~ LLC~ MW Housing Partners~ III} LP, and
Tus :in Villas Partners~ LLC (collectively hereafter tlMoffett Meadows et a1. !l), If a CfD: rate
of ( .15 % is re qUJred for Tustin Le gacy ~ then Mo ffeU Meadow~, et al. will be required b..l
sho l~q.er a dispropo11ionate share of the financing for c1~velopj[]lel1t of TUSD sc.hool facilities
on -: b.e MCAS- Tustin property, Sccond~ the 0.15% CFD rate for Tustin Le gacy does not
llSl re the adequate financing necessary for the TUSD school fac.ilities on th~ MCi\.S- Tustin
pro Jerty. In order to provide tbe school facilities envisioned by tbe City a rate ofO_20o/G is
req- jred.
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04/03/2000 11~49 FAX
[4l OOJ
DOll ~ Davert, Mayor
City (~ouncil Members
City of Tustin
Re: T"ustin Legacy Dispositjon and Development Agreement
(Ma ~1er Development Site) 06--,Ol
-A,pr! 3, 2006
Pagl 2
TU~ Ij urges the Tustin City COWlcil to amend condition 8,12 of the Tustin Legacy DDA to
state 1 hat the financing of schoal fa,cilities does not .exceed a rale of 0.20"/0. This mnendrn ent
"\\111 ulsure equal funding requirements for all developers and adequate school fucilities are
avai ~,ble for CLlrrent and future residents of the. City of Tustin.
Reg ~]'ds:
~ ;. K. illis ~ ~l(./
Sedi ;vvick, Dctc~ Moran & Arnold LLP
GK'; ibes
cc: Brock V./agner
Peter C. Gorman, Ed. D.
OCJ3: ,,)'l7vl