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(((3 <br />RANGE COUNTY <br />BUSINESS CC U N C I L 2 Perk Plea, Suha 1001 Irwin&, CA P2514-SMI ! P 949.476.22421 F W D-4�0.9za01 www. .orb <br />04!t-0her'or 202� <br />Dea r Plan n ing Commissio n ers and Cou ncil members <br />As the Pr-asideni: and Chief 5xe!Cutiwe Ufficer of I: he Orange County Business Council, our inv-estors <br />a n d 1 are st rongly fcc u scd a n c n hancing and adva racing th a ewrio mic Erik a Iity of t#Ie natio W-5 sia€t h <br />I.0rge5k Cou n ty, 0 ran Se Ca unto+. T#I e p ra"se d Relate d Bristol mixed - u se deve lopment i rx so u# h <br />Santa Arn a Is a 0ri-ce-in-a-lifetime cFPport u n ily that will deliver tremendous economic and <br />comm a pity b anefit i n one of the most im pa r t ari t cities i n 0 ra n �-e Cau n t yr and the entire region. <br />The Rol a ted Br ist of p turn i5E?+ to bnum a th-e si ngle I a nest private i nivestment i n Sari to Ana's 154 <br />year history at 3 biIli on. MOMOVeV, Related Bristol v�ill ener #a a�proximately 510.7 million in <br />annual tax Feve n ue to the c" and create 7,600 jobs during construction and opprati-on where <br />co n st ruction is corrtip lete- E qp ally important, Related Bristol with its mix of high quality <br />apartments, retail, dining and 13 acres of open space will be a magnet to draw #oday's vworkforcc <br />to lure in Sainta An a and WOr k at the growing Burn ber of maj or ca rnpa!n i-es Iota and dwith in wa I ki n g <br />distance or a short drive from I:hiS trainSformattonal project, <br />Related B ri 5t4I i5 alao a prime exam pl a of the type of plain n ed d ewelepment t h at $ar,#a Aria and <br />Orai nge -Cou n ty need to re ima gine aging retail centers with declining revenue and acres of <br />unde{utilized parking and commercial space. These :shopping center, once bustling with activity, <br />are increasingly empty{ reminders of yesterday's retail modin-1. In many ways, Related eri,#o1 will <br />bete me a sma rt and susta in a WEB rnQd 0 for fL)ty re grew# h. <br />ReCa k ed a ri ml i S a vain for Santa An a and a wi n fo r Ora n gc Cou nrtw, which i s Why w8k strongly <br />support this development. we urge VO!U #V reC08nize thPL5e benefits and approve the Related <br />Bristol protect, <br />Since -rely, <br />le fey Ball <br />President and Chief Executive Officer <br />orange County Business Cou n ri I <br />THE tEARING VOICE OF NOSINESS IN ORANGE COUNTY <br />