Both projects given to TIC. Is there no escaping the Vampire Squid? Discuss.
From the Tustin city council agenda:
APPROVAL OF AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH THE IRVINE COMPANY FOR TUSTIN LEGACY DISPOSITION PACKAGES 1A NORTH AND 2A
The City Council recently reviewed price, terms and payment for Disposition Packages 2A and 1A North and directed staff to prepare an Exclusive Agreement to Negotiate with The Irvine Company for disposition and development of Disposition Packages 2A and 1A North in the Tustin Legacy Project.
Recommendation: Authorize the City Manager to execute the attached Exclusive Agreement to Negotiate ("ENA") between the City of Tustin and The Irvine Company, subject to any non-substantive modifications as may be determined necessary and /or recommended by the City?s special real estate counsel or the City Attorney
CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property Address/Description: Tustin Legacy Disposition Package 2A to include sale of Parcels 29,30,38, 39, Lot N, Lot M, and Lot WWWW of tract 17404 and L; Disposition Package 1A North to include sale of Parcel 20, Lot PPP, and Lot NNN of Tract 17404; Agency: City of Tustin; City Negotiators: Christine Shingleton, Assistant Executive Director and special real estate counsel Amy Freilich; Negotiating Parties: Dan Young, President of Irvine Company Community Development on behalf of Irvine Company LLC; Under Negotiation: Price and terms of payment
From the Tustin city council agenda:
APPROVAL OF AN EXCLUSIVE AGREEMENT TO NEGOTIATE WITH THE IRVINE COMPANY FOR TUSTIN LEGACY DISPOSITION PACKAGES 1A NORTH AND 2A
The City Council recently reviewed price, terms and payment for Disposition Packages 2A and 1A North and directed staff to prepare an Exclusive Agreement to Negotiate with The Irvine Company for disposition and development of Disposition Packages 2A and 1A North in the Tustin Legacy Project.
Recommendation: Authorize the City Manager to execute the attached Exclusive Agreement to Negotiate ("ENA") between the City of Tustin and The Irvine Company, subject to any non-substantive modifications as may be determined necessary and /or recommended by the City?s special real estate counsel or the City Attorney
CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property Address/Description: Tustin Legacy Disposition Package 2A to include sale of Parcels 29,30,38, 39, Lot N, Lot M, and Lot WWWW of tract 17404 and L; Disposition Package 1A North to include sale of Parcel 20, Lot PPP, and Lot NNN of Tract 17404; Agency: City of Tustin; City Negotiators: Christine Shingleton, Assistant Executive Director and special real estate counsel Amy Freilich; Negotiating Parties: Dan Young, President of Irvine Company Community Development on behalf of Irvine Company LLC; Under Negotiation: Price and terms of payment
