City of Tustin Agenda Regular Meeting 2026-06-16
Exclusive Negotiating Agreement for 52-Acre Tustin Legacy Site
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Description
The City of Tustin is recommended to enter into an Exclusive Negotiating Agreement with Tustin Legacy Mixed Use, LLC for development of about 52 acres in the Tustin Legacy Specific Plan area. The developer will provide a $250,000 good faith deposit to cover City staff and third-party negotiation costs.
Contract Details
Contract Amount
$250,000 good faith deposit (applied toward staff and third-party costs)
Vendor
TUSTIN LEGACY MIXED USE LLC
Agency
City of Tustin, CA
Contract Type
OTHER
Document Date
June 16, 2026
Renewal Info
Exclusive Negotiating Agreement terms, including duration and extension options, are not detailed in the agenda summary and will be defined in the executed agreement.
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