Earlier editions: 2026-09
Tustin Municipal Code Ch. 11 Requirements for Approval, Extension or Modification of Leaseholds For…
Tustin Municipal Code · 2026-10 edition · updated 2026-10-04 · Tustin
Cite as: Tustin Municipal Code Chapter 11 · Text as of 2026-10-04
7960 - PROCEDURE FOR APPROVAL, EXTENSION OR MODIFICATION OF EXISTING CITY OR…¶
A. No existing City or Redevelopment Agency real property lease for less than market value shall be approved, modified, or extended without following the process as identified in this section.
B. The City Council or Redevelopment Agency shall direct:
(i) The preparation of a proposed lease, modification, or extension thereof;
(ii) The preparation of a request for proposal ("RFP") for a new leasehold from interested parties; or
(iii) Take such other action as deemed appropriate.
C. A request for proposals process shall include the submission of prior business experience, financial strength, proposed uses of property, credit history, market rental conditions, and such other information as deemed appropriate.
(Ord. No. 1389, Sec. 1, 10-5-10)
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