Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Irvine council approves option to buy 2-acre county parcel to smooth Gateway Village layout for $9.3 million credit
Summary
The City Council authorized an option and an addendum that will let the city acquire about 2 acres of county land adjacent to the Gateway Village for $9.3 million, to be taken as a credit against infrastructure fees the county owes the city.
The Irvine City Council authorized a city option to purchase roughly 2 acres of County of Orange land adjacent to the Gateway Village and approved an addendum that will let the county take a $9.3 million credit against infrastructure fees it owes the city.
Council action: The council authorized the city manager to execute an option-to-purchase agreement and an addendum to Implementation Agreement No. 2 that memorializes a $9,300,000 credit to the county against Marine Way construction fees. The action was approved…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
