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Table A-9 <br />Estimate of New City Off-Site Sales Tax <br />Project Bristol <br />City of Santa Ana <br />Proposed <br />Project <br />Apartment Residents <br />Total Taxable Spending of Residents1 $123,648,000 <br />% Captured Offsite (within Santa Ana)25% <br />New Taxable Sales in City $30,912,000 <br /> City Sales Tax Revenue @ 2.5%$772,800 <br />Hotel Guests <br />Rooms 250 <br />Occupancy Rate 86% <br />Visitors @ 1.1/occupied room 237 <br />Spending per Visitor (annualized)$6,844 <br />Total Taxable Retail Sales $1,618,606 <br />% Captured Offsite (within Santa Ana)25% <br />New Taxable Sales in City $404,652 <br /> City Sales Tax Revenue @ 2.5%$10,116 <br />Senior Living <br />Total Dwelling Units 200 <br />Average Daily Retail Expenditures per Unit $50.00 <br />Total Taxable Retail Sales $3,650,000 <br />% Captured in City (within Santa Ana)25% <br />New Taxable Sales in City $912,500 <br /> City Sales Tax Revenue @ 2.5%$22,813 <br />Total Projected Off-Site Taxable Sales:$32,229,152 <br />Total Projected Off-Site Sales Tax Revenue:$805,729 <br />(1) Estimated based on number of households and average <br />household income level. <br />Source: TNDG. <br />Exhibit 10 <br />  <br />  <br />City Council 22 – 390 9/17/2024