City Council

14. APPROVAL OF MEMORANDUM OF UPDATED TERMS FOR THE TUSTIN COMMUNITY CENTER AT THE MARKET PLACE Approval of a Memorandum of Updated Terms between the City of Tustin and the Irvine Company to update the rules, regulations, and reimbursed costs associated with operating the Tustin Community Center at The Market Place. Recommendation: Authorize the City Manager to execute a Memorandum of Updated Terms with the Irvine Company for the Tustin Community Center at The Market Place. Fiscal Impact: The fiscal impact to the City of Tustin associated with this item will be minimal as the increases in the reimbursed costs paid to the Irvine Company will continue to be offset, including overhead costs, by the current facility reservation fees for the remainder of the fiscal year. Further, the comprehensive schedule of fees will be updated for the 2025/2026 Fiscal Year to reflect increases in the facility reservation fees proportional to the increases reflected in the Memorandum of Updated Terms.