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HomeMy WebLinkAboutEric Higuchi - Item 12From: noreplly(a aranicusideas.com To: Yasuda. Erica; Woodward. Carrie; E-Comments Subject: New eComment for Regular Meeting of the City Council/Closed Session-4:30 pm/Regular Meeting-6:00 pm Date: Monday, March 31, 2025 11:21:40 PM City of Tustin. CA New eComment for Regular Meeting of the City Council/Closed Session-4:30 pm/Regular Meeting-6:00 pm Eric Higuchi submitted a new eComment. Meeting: Regular Meeting of the City Council/Closed Session-4:30 pm/Regular Meeting-6:00 pm Item: 12. FIRST AMENDMENT TO DEVELOPMENT AGREEMENT 2022-0002 — THE JESSUP AT 17802 — 17842 IRVINE BOULEVARD A request for the first amendment to Development Agreement 2022-0002, an agreement between the City of Tustin and Tustin 40 Development LLC (Property Owner) for "The Jessup" residential project. The proposed amendment is a request to eliminate the Property Owner's requirement to pay the Voluntary Workforce Housing Incentive Program In -Lieu Fee ("In -Lieu Fee"). On July 9, 2024, the City of Tustin Planning Commission held a public hearing on the proposed request and adopted Resolution No. 4492, recommending that the City Council adopt Ordinance No. 1544, approving the first amendment to Development Agreement 2022-0002. On September 17, 2024, the City Council held a public hearing to consider the Property Owner's requested amendment to Development Agreement 2022-0002. The City Council's motion failed due to a 2-2-1 vote (Attachment 3). The Property Owner is now requesting that the City Council reconsider the matter and adopt Ordinance 1564, approving first amendment to Development Agreement 2022-0002 (Attachment 4). eComment: I am supportive of the amendment to the Development Agreement with Intracorp. The City of Tustin's inclusionary housing requirements are some of the most onerous in the County and have been delayed and/or prevented the development of for sale housing in the Downtown and Red Hill Specific Plans. Jurisdictions such as Anaheim and Costa Mesa have recently passed inclusionary housing ordinances but have exempted for -sale housing from the requirement to provide on site affordable housing. By providing on site, affordable for -sale housing, Intracorp has done more than it's economic fair share of addressing the housing crisis. Further, the City and the developer would both be better off economically if we had exempted Intracorp from providing onsite affordable housing and had maintained the requirement to provide an in -lieu fee. I am very encouraged by the recent changes at the City, but we still need to review past policies and consider the recent mistakes we've made as we've attempted to address housing affordability and economic development in our existing specific plans. View and Analyze eComments This email was sent from httos:/ftustin.aranicusideas.com Unsubscribe from future mailings