Council agrees to slash fees for development at Irvine Business
Complex by 75 percent, but cool to proposal to cancel another fee
increase.
After grumbling from stakeholders at the Irvine Business
Complex, Irvine City Council will consider slashing developer
fees.
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Developer says “hundreds of millions” in tax increment revenue
will flow to the park and the Irvine Unified School District. But
district officials still worry that it won’t be enough for needed
new schools.
New council same as old with Democratic and Republican council
members voting along party lines for the largely ceremonial
post.
Money originating from a developer fee could end up in the
rainy-day reserve fund instead of toward capital improvements.
Jeff Lalloway says he will forgo medical and retirement benefits
as well as the city’s $715 monthly car allowance.
A vocal Irvine Republican group says the party had a chance to
secure a Republican majority on the City Council, but blinked.
Irvine will keep its 3-2 Democratic majority on the City
Council.
Republican Lalloway holds slim lead with Agran a close second.
Republican Lynn Schott is third.
Ouster of Jeff Lalloway may have been the last straw for Irvine
City Councilwoman Christina Shea and the Republican Party. Shea
doesn’t seem to mind.
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