Exclusive Negotiating Agreement Proposed with LPC West LP
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Description
The Tustin City Council will consider entering into an Exclusive Negotiating Agreement with LPC West LP for the disposition and development of an 11-acre site in the Pacific Center East Specific Plan. LPC West LP will provide a $250,000 good faith deposit to fund City staff and third-party negotiation costs.
Contract Details
Contract Amount
$250,000 good faith deposit
Vendor
LPC WEST LP
Agency
City of Tustin, CA
Contract Type
OTHER
Document Date
May 19, 2026
Renewal Info
Initial Exclusive Negotiating Agreement for Planning Area 10; includes a $250,000 good faith deposit for negotiation-related costs, with future development agreements to be negotiated.
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City of Tustin City Council Meeting Agenda May 19 2026
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