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20251216 Orange County Tustin City Council Item 8. 2026 MAYORAL APPOINTMENTS TO COMMITTEES AND CITY COUNCIL AD HOCS Annually the Mayor appoints those members of the City Council who will serve on various City and Regional committees and Mayor-appointed Ad Hocs. Recommendation: 1. Approve the attached committees and appointments as appointed by the Mayor; and 2. Adopt FPPC Form 806: Agency Report of Public Official Appointments and direct staff to post on the City's website. AGENDA REPORT December 16, 2025 Orange County Tustin City Council Item #8
20251216 Orange County Tustin City Council Item 5. ADOPTION OF THE 2026 INVESTMENT POLICY The City’s Investment Policy is reviewed on an annual basis for submission and approval by the City Council. On November 25, 2025, the Audit Commission reviewed the proposed 2026 Investment Policy, in which staff recommend a minor change to extend the maximum maturity of allowable commercial paper investments from 270 days to 397 days, as allowed under Senate Bill 595. The Commission found the policy to contain relevant provisions from the California Government Code, and the one proposed change will add flexibility to invest idle cash while maintaining safety and liquidity of assets. Therefore, the Audit Commission recommends that the City Council adopt the 2026 Investment Policy with the proposed change. Recommendation: It is recommended that the City Council adopt the City's 2026 Investment Policy with one change related to the maximum maturity of allowable commercial paper investments. Adoption of the Investment Policy also delegates to the City Treasurer for a period of one year the authority to invest the funds of the City in accordance with the Investment Policy.Fiscal Impact: Consistent with State Law, the City's primary investment objective is to invest in a manner aimed to safeguard principal and maintain liquidity where the secondary objective is to achieve a market rate of return. The 2026 Investment Policy continues to provide for safety and liquidity of public funds while earning a reasonable rate of return. AGENDA REPORT December 16, 2025 Orange County Tustin City Council Item #5
20251216 Orange County Tustin City Council Item 4. SECOND READING AND ADOPTION OF ORDINANCE NO. 1573 - THE DEVELOPMENT OF 145 RESIDENTIAL UNITS AT THE SOUTHEAST CORNER OF 17TH STREET AND PROSPECT AVENUE (CYPRESS GROVE PROJECT) Adoption of Ordinance No. 1573 approves Zone Change 2025-0001 to rezone the Cypress Grove project site from Planned Community Business Park to Planned Community Residential and adopt a new development plan to establish permitted residential uses and development standards for the construction of 145 residential condominiums on approximately 8.5 acres. Recommendation: That the City Council have second reading by title only and adoption of Ordinance No. 1573. ORDINANCE NO. 1573 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA APPROVING ZONE CHANGE 2025- 0001 TO AMEND THE CITY’S ZONING MAP TO APPLY THE PLANNED COMMUNITY RESIDENTIAL ZONING DESIGNATION TO AN 8.5-ACRE SITE (ASSESSOR PARCEL NUMBERS (APNS) 401-401-12, -13, -14, -15, -16, AND -17) TO ACCOMMODATE THE CONSTRUCTION OF A 145-UNIT RESIDENTIAL CONDOMINIUM PROJECT Fiscal Impact: There is no fiscal impact associated with this item however, the applicant has provided a Fiscal Impact Analysis that considered ongoing general fund revenues to the City from property tax and sales tax, showing an estimated net positive benefit of about $191,000 in the first year. AGENDA REPORT December 16, 2025 Orange County Tustin City Council Item #4
20251216 Orange County Tustin City Council Item 3. RATIFICATION OF PAYROLL AND DEMANDS The City Council has approved the use of Government Code Section 37208 to expedite the payment of City of Tustin obligations that are in accordance with the approved budget or continued operations authorizations. Recommendation: It is recommended that the City Council approve Payroll in the amount of $1,162,054.04 and Demands in the amount of $7,504,776.18. AGENDA REPORT December 16, 2025 Orange County Tustin City Council Item #3
20251216 Orange County Tustin City Council Item 2. APPROVAL OF MINUTES - THE SPECIAL CLOSED SESSION MEETING December 16, 2025 Orange County Tustin City Council Item #2
20251216 Orange County Tustin City Council Item 11. 2026 LOCAL APPOINTMENTS LIST Prior to December 31st of each year, the Maddy Act requires municipal agencies to prepare and post a listing of all Commission/Board vacancies for the upcoming year. Recommendation: Approve the 2026 Local Appointments List for the Planning Commission, Community Services Commission, Audit Commission, Building Board of Appeals and Public Art Commission and post notice as required by law.Fiscal Impact: There is no fiscal impact associated with this item. December 16, 2025 Orange County Tustin City Council Item #11