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Agenda Packet_2024-09-17
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Agenda Packet_2024-09-17
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9/11/2024 9:10:51 AM
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Clerk of the Council
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9/17/2024
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Table A-3b <br />Fiscal Analysis Factors: Assessed Valuation, Taxable Sales and Hotel Revenue per Available Room (RevPAR) <br />Project Bristol <br />City of Santa Ana <br />Estimated Estimated <br />Total Onsite Jobs per Residents per Unit2 Onsite Residents (or <br />Development Category Units or SF Unit or SF1 or Hotel Room Employees Hotel Equivalent) <br />Residential <br />Apartments 3,750 1/30 1.73 125 6,488 <br />Retail/Restaurant <br />Existing 465,063 371 N/A 1,255 N/A <br />New 350,000 324 N/A 1,082 N/A <br />Hotel <br />Hotel Rooms 250 1.00 0.55 250 137 <br />Senior Living <br />Senior Living Units 200 0.64 1.50 127 300 <br />TOTAL RESIDENT EQUIVALENTS 6,925 <br />Source:TNDG. <br />Notes: <br />1 Retail employment densities are weighted averages based on the following factors: restaurants - 1 employee/150 square feet; <br />grocery/big box - 1 employee/500 square feet; other retail/services - 1 employee/400 square feet. <br />2. Hotel guests are expressed as a "resident equivalent" based on anticipated occupancy levels. <br />Exhibit 10 <br /> <br /> <br />City Council 22 – 383 9/17/2024
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