Ensured timely filing and compliance with over 160 Statements of Economic Interest Statements in accordance with the Fair Political Practices Commission’s rules and regulations and the City’s Conflict of Interest Code Provided efficient mail delivery services for all city departments Provided and coordinated print management services for all city departments
REAL PROPERTY
DESCRIPTION: The Real Property Division focuses on the buildout of Tustin Legacy and citywide property development by overseeing and managing the planning, marketing, disposition, leasing, and development of City-owned, leased, or licensed real property. TASKS: Leading neighborhood land use planning for Tustin Legacy in coordination with other departments Negotiating and managing complex real
property transactions with public agencies and/or private developers and entities, including Exclusive Negotiating Agreements (ENAs), Disposition and Development Agreements (DDAs), Development Agreements (DAs), Purchase and Sale Agreements (PSAs), leases, licenses, mitigation agreements, and transfer agreements Conducting financial analyses and economic studies of real property offerings and transactions, and developing financial strategies to support the implementation of development plans Providing asset management for buildings, structures, and vacant property on City-owned land
PERFORMANCE MEASURES: Performance Measure
2022-23 Actual
2023-24 Actual
2024-25 Actual
2025-26 Projected
2026-27 Estimated
Goal
Target
Real Estate Real Estate Real Estate
Tustin Legacy Interim Use Revenue
$400,000
$960,000
$1,280,000
$1,003,800
$1,060,000
$1,000,000
South Hangar Rental Revenue
$50,000
$141,000
$107,500
$48,000
$90,000
$0
Pacific Center East Interim Use Revenue
$900,000
$1,000,000
$1,377,000
$1,582,900
$1,600,000
$1,700,000
2025-2026 ACCOMPLISHMENTS: Development of Real Property
Conveyed approximately 19.4 acres to Irvine Company for the development of a 1,336-unit multifamily community with 25% total affordability Released an offering for approximately 52 acres (Neighborhood E) for mixed-use development at Tustin Legacy Executed an ENA with Almquist for approximately 52 acres at Tustin Legacy for mixed-use retail and residential community Executed an ENA with Lincoln Property Company for approximately 11 acres located in Pacific Center East Executed a Purchase and Sale Agreement with Mariners Church for approximately 3.3 acres at Tustin Legacy (Neighborhood D South)
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