Failure of the bill—which was being debated as the clock struck 12:00—apparently now clears the way for Tustin to sell most or all of the land to commercial developers. The parcel is part of the sprawling Tustin Marine Corp Air Facility, which was closed during the defense cutbacks of the 1990s.
Officials from neighboring Santa Ana had asked Tustin to provide 100 acres of the closed defense facility to build two sorely needed schools. When Tustin refused, Santa Ana Democrat Assemblyman Joe Dunn introduced a bill in the state Legislature that would wrest the property away.
A spokesperson for Dunn says the measure had a good chance of passing, but "time ran out. The clock killed us."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
