B. Property Address/Description: APN 430-481-02, 430-481-03, 430-481-04, 430-481-05 Agency: City of Tustin City Negotiators: Matthew S West, City Manager and Christopher Koster, Director of Economic Development Negotiating Parties: Mark Janda, Senior Vice President - Development, AvalonBay Communities Inc. and Lara Regus, Senior Vice President, Development, Abode Communities Under Negotiation: Price and Terms of Payment - City of Tustin, CA

Meeting: Regular Meeting of the City Council/Closed Session-4:30 pm/Regular Meeting-7:00 pm

Meeting Time: June 20, 2023 at 4:30pm PDT

Agenda Item

B. Property Address/Description: APN 430-481-02, 430-481-03, 430-481-04, 430-481-05 Agency: City of Tustin City Negotiators: Matthew S West, City Manager and Christopher Koster, Director of Economic Development Negotiating Parties: Mark Janda, Senior Vice President - Development, AvalonBay Communities Inc. and Lara Regus, Senior Vice President, Development, Abode Communities Under Negotiation: Price and Terms of Payment