Item 26 - Public Hearing Regarding Bristol Project

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SECTION VI ta www.FinanceDTA.com ADDITIONAL COMMUNITY BENEFITS TO THE CITY In August 2022, a Welcome Center was opened on the Project site that is available to the public and is a location where meetings with community residents and stakeholders have been arranged. Over 25 meetings have been held with over 200 stakeholders since the Welcome Center opened, which have provided an opportunity for the Developer and City to receive input related to reimagining the Project site. Community Benefits of a community outreach program include the following: 1. The public has been and will continue to have input on the Project's development during the life of the Project; and 2. The public has been and will continue to be able to monitor the development of the Project as information has been provided by the Developer. Energy Efficiency The Specific Plan encourages the Developer to design the buildings in an energy -efficient manner. As a result, all of the buildings within the Project will be designed to reduce energy consumption using the most updated technology to produce heating, cooling, ventilation, and lighting. The Project will emphasize passive cooling systems that minimize the energy demands necessary for climate control in buildings. The Project will provide places for solar receptors on building roofs to generate electrical energy. The energy generated on retail buildings' roofs during the day could be stored for use in residential structures in the evening. In addition, energy generated by solar systems on residential units during the day could be available for the retail units during commercial hours. Other alternatives include the use of energy -efficient cladding and building fenestration that can reflect sunlight during the day, thereby lessening the need for air conditioning and solar glass, that can be fed into the building's electric grid. Furthermore, landscaping elements will act as heat sinks that absorb, store, reflect, redirect, or dissipate heat. A typical heat sink created by landscaping elements will absorb heat during the day and usually release it as the temperature drops in the evenings. Community Benefits related to energy conservation include: 1. Reduction of energy costs to building users; 2. Potential sale of solar energy to tenants and the entire City electrical grid; 3. Landscaping and water features that can absorb energy with the intention of reducing outdoor temperature by between 6° and 12° Fahrenheit in the summer; 4. Creative building design that can reflect energy away from a building, thereby reducing the need for air conditioning; 5. The use of energy -efficient cladding that will reduce energy used to heat or cool a building; 6. Use of solar glass to feed energy into the respective buildings' grid; and Related Bristol at 3600 South Bristol Street September 2Z 2023 Community Benefits Analysis Report 1 (] Exhibit 10 19