Irvine's proposed time line for El Toro development: (April 16, 2002)
May:
Secure exclusive right to negotiate with the Navy
September:
Complete technical and financial analysis; start negotiations
with the Navy for base handoff; circulate a
draft environmental report; negotiate agreements with groups
that might use or lease base property
January 2003:
Finalize environmental studies and negotiations with Navy; submit
annexation application to Local Agency Formation Commission
February 2003:
Secure annexation approval
April 2003: Accept land from the Navy; allot land to public users, like Cal State Fullerton; complete land sales to private sector
2003-2010: Develop land in phases, generating revenue to give to Navy and to develop park
Click here for Irvine's proposed land uses.