9. SECOND READING AND ADOPTION OF ORDINANCE NO. 1520 APPROVING DEVELOPMENT AGREEMENT 2021-0003 (FIRST AMENDMENT TO TUSTIN LEGACY CORNERSTONE I DEVELOPMENT AGREEMENT) Adoption of Ordinance No. 1520 approves Development Agreement (DA) 2021-0003, the first amendment to the Original DA to terminate Phase 1 and the Phase 1 Parcel from the DA and to modify certain provisions of the Phase 2 development consistent with the 3rd Amendment to the Disposition and Development Agreement (DDA) approved by the City Council on December 1, 2020. - City of Tustin, CA

Meeting: Virtual Regular Meeting of the City Council/ Closed Session at 5:00 pm/Regular Meeting at 6:30 pm

Meeting Time: February 15, 2022 at 5:00pm PST

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Agenda Item

9. SECOND READING AND ADOPTION OF ORDINANCE NO. 1520 APPROVING DEVELOPMENT AGREEMENT 2021-0003 (FIRST AMENDMENT TO TUSTIN LEGACY CORNERSTONE I DEVELOPMENT AGREEMENT) Adoption of Ordinance No. 1520 approves Development Agreement (DA) 2021-0003, the first amendment to the Original DA to terminate Phase 1 and the Phase 1 Parcel from the DA and to modify certain provisions of the Phase 2 development consistent with the 3rd Amendment to the Disposition and Development Agreement (DDA) approved by the City Council on December 1, 2020.