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20
<br /> SECTION IV
<br />LAND IMPROVEMENT INDIRECT
<br />COSTS
<br />
<br />
<br />
<br />Related Bristol at 3600 South Bristol Street September 27, 2023
<br />Land Residual Value Study Report
<br />
<br />www.FinanceDTA.com
<br />Table 20: Planning Fees Deposits and Permit Estimate
<br />Planning Fees, Deposits, Permits Phase 1 Phase 2 Phase 3 Total
<br />Apartment $976,587 $352,609 $305,915 $1,635,111
<br />Commercial $36,093 $3,756 $5,812 $45,660
<br />Hotel $18,290 $0 $0 $18,290
<br />Congregate $21,819 $0 $0 $21,819
<br />Amenity $246,430 $7,107 $1,043,187 $1,296,723
<br />Backbone $205,355 $0 $0 $205,355
<br />Total Planning Fees, Deposits, Permits $1,504,574 $363,471 $1,354,913 $3,222,959
<br />Backbone costs are those related to non-IPP that benefit the entire Project. They include
<br />plan check and inspection fees for the police station, entry monumentation on South
<br />Bristol, off-site sanitary sewer connection, etc.
<br />F DIFs
<br />A DIF is a monetary exaction other than a tax or special assessment that is charged by a local
<br />governmental agency in connection with approval of a development project. A DIF is
<br />structured to mitigate all or a portion of costs for public facilities related to the development
<br />project. The City currently conditions the following DIFs: Transportation System
<br />Improvements Fee, Transit Zoning Code Traffic Impact Mitigation Fee, Harbor Specific Plan
<br />Mitigation Fee, Foothill Transportation Corridor Fee, San Joaquin Hill Corridor Fee, Drainage
<br />Assessment Fee, Orange County Sanitation Sewer Connection Fee, Orange County Sanitation
<br />District Fee, Santa Ana School District Fee, and Santa Ana Affordable Housing In-Lieu Fee.
<br />Table 21: DIF Summary by Fee Type
<br />DIFs Total Quantity Unit Unit Price Total Cost
<br />Santa Ana Transportation System Improvement Area Multifamily Fee - Area 3,375,000 SF $1.10 $3,712,500
<br />Santa Ana Transportation System Improvement Area Non-Residential Fee - Area 350,000 SF $3.31 $1,158,500
<br />Santa Ana Transit Zoning Code Traffic Impact Mitigation Fee - Multifamily 3,750 DU $1,270.04 $4,762,650
<br />Santa Ana Transit Zoning Code Traffic Impact Mitigation Fee - Retail 350,000 SF $9.11 $3,188,500
<br />Santa Ana Harbor Specific Plan Mitigation Fee 3,750 DU $850.00 $3,187,500
<br />Foothill Transportation Corridor Fee - Multifamily 3,750 DU $2,568.00 $9,630,000
<br />Foothill Transportation Corridor Fee - Non-Residential 350,000 SF $4.99 $1,746,500
<br />San Joaquin Hill Corridor Fee - Multifamily 3,750 DU $2,735.00 $10,256,250
<br />San Joaquin Hill Corridor Fee - Non-Residential 350,000 SF $5.99 $2,096,500
<br />Drainage Assessment Fee - Zone 41 AC $7,748.21 $318,219
<br />Orange County Sanitation Sewer Connection Fee 75,000 Fix $49.00 $3,675,000
<br />Orange County Sanitation District - Multifamily Capacity Fee 3,750 DU $3,743.00 $14,036,250
<br />Orange County Sanitation District – Non-Residential Capacity Fee - Avg 2 Bdrms 350,000 SF $1.49 $519,750
<br />Santa Ana School District Impact Fee - Residential 3,375,000 SF $4.79 $16,166,250
<br />Santa Ana School District Impact Fee - Commercial 350,000 SF $0.78 $273,000
<br />Santa Ana Affordable Housing In Lieu Fee 3,375,000 SF $15.00 $50,625,000
<br />Total DIFs $125,352,369
<br />
<br />Exhibit 10
<br />
<br />
<br />City Council 22 – 505 9/17/2024
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