Plan Description - City of Tustin

Chapter 2 • Plan Description
with their plans to utilize the property within an agreed
upon time frame.
• As part of the agreement required to be entered into
between the LRA, the City of Tustin and TUSD, TUSD
shall agree not to impose a Mello-Roos Community
Facility District on properties within their District
boundaries for the MCAS Tustin project. The City and
LRA will support TUSD's use of other alternative
financing techniques and other reasonable methods for
accommodating new school students generated from
development within the MCAS Tustin project such as
school impact developer fees levied on residential,
commercial and industrial development projects, TUSD's
receipt of redevelopment tax increment, or their use of
certificates of participation, general obligation bonds,
state funding, etc.
4. Irvine Unified School District (Elementary K-8 School):
The Irvine Unified School District (IUSD) requested 20 acres
of vacant land in the vicinity of Harvard Avenue and Barranca
Parkway in the City of Irvine, as conceptually shown on the
Reuse Plan. The land would be utilized as a kindergarten
through eighth grade (K-8) school. The City of Irvine has
indicated its support of the proposal. The LRA's approval is
conditional upon the following:
• Standard LRA transfer conditions identified above.
• No direct vehicular access to any school site access along
Barranca Parkway.
• An intended use shall be fully implemented by IUSD by
the later of either 5 years from transfer of the property or
when building permits are issued for 80% of the new
units being proposed in the Reuse Plan within IUSD
boundaries, unless a shorter period is mandated by the
federal sponsoring agency. The underlying land use
designation of the Reuse Plan would allow an alternative
land use to occur without an amendment to the
Reuse/Specific Plan should the District not move forward
with their plans to utilize the property within an agreed
upon time frame.
• As part of the agreement required to be entered into
between IUSD and the LRA and the cities of Tustin and
City of Tustin
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MCAS Tustin Specific Plan/Reuse Plan