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ta <br />www.FinanceDTA.com <br />SECTION III <br />RECURRING ANNUAL AND ONE- <br />TIME ECONOMIC IMPACTS <br />Figure 8: Project's One -Time Construction and Development Labor Income <br />$60 <br />C <br />0 <br />is <br />$50 <br />$40 <br />$30 <br />$20 <br />$10 <br />$0 <br />County City <br />■ Direct Indirect ■ Induced <br />B.3 One -Tune Total Economic Output <br />According to the IMPLAN Study Model, the development of the Project is also <br />projected to generate one-time increases of $105.82 million in Total Economic <br />Output from the construction and development of the site infrastructure <br />improvements and non-residential buildings within the County, with increases of <br />$84.66 million in Total Economic Output within the City. Table 11 and Figure 9 <br />below, as well as Appendix B, summarize the projected increases in total one-time <br />economic output generated from the construction and development of the Project <br />land uses. <br />Table 11: Project's One -Time Construction and Development Total Economic Output <br />MINTZIiII0, I <br />County <br />$63,500,000 <br />$14,235,907 <br />$28,083,641 <br />$105,819,548 <br />City8 <br />$63,500,000 <br />$7,117,954 <br />$14,041,820 <br />$84,659,774 <br />Note: All numbers are subject to rounding. <br />8 Assumes 50% of the indirect/induced economic outputs generated in the County will be created within the <br />City. <br />South Coast Technology Center Project <br />Economic Impact Study <br />May 13 2024 <br />City Council <br />28 — 227 <br />