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Agenda Packet_2024-09-17
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Agenda Packet_2024-09-17
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Clerk of the Council
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9/17/2024
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7 <br /> <br />City of Santa Ana September 27, 2023 <br />Economic Impacts Resulting from the Proposed Related Bristol Specific Plan <br /> <br />and traffic congestion. It also reduces commute times, improves local social, cultural and <br />family involvement, provides a more attractive work/life balance to residents, and generates <br />savings to local public agencies in terms of the need to construct and maintain new road <br />improvements and other facilities. <br />As reflected in Table 4 and Figure 4, the City’s current ratio of jobs within the City as <br />compared with the number of housing units Citywide is 1.725, as compared with a <br />Statewide average of 1.260. The addition of 1,586 new jobs through the construction of the <br />Project would decrease the jobs/housing ratio modestly to 1.664, as the 3,750 new housing <br />units incorporated in the Project are greater than the 1,586 permanent recurring jobs to be <br />generated by the Project. As noted previously, the Related EIA did not evaluate the <br />permanent recurring economic impacts of the Project, so no comparison with the DTA EIA <br />was necessary. <br />Table 4: Pre-Project and Post-Project Jobs -Housing Balance (DTA EIA) <br />Description Citywide Average Statewide <br />Average Pre-Project Post-Project <br />Number of Jobs 141,543 1 143,129 18,536,600 <br />Number of Housing Units 82,058 86,008 14,711,648 <br />Existing2 82,058 82,058 14,707,698 <br />New N/A 3,750 3,750 <br />Jobs-Housing Balance 1.725 1.664 1.260 <br /> <br />Figure 4: Pre-Project and Post-Project Jobs -Housing Balance <br /> <br />If you have any further questions regarding any of the issues raised in this memorandum, <br />please feel free to contact David Taussig or Jerry Wen at (800) 969-4DTA. <br />Enclosures: <br />1. Attachment 1 – DTA EIA <br /> <br />1 Spotlight by Environics Analytics, Employment Profiles by NAICS Code 2022. <br />2 Labor Market Information Division, State of California Employment Development Department. <br />Exhibit 10 <br /> <br /> <br />City Council 22 – 409 9/17/2024
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