Laserfiche WebLink
��~� <br />� � �� <br />ORANGE COUNTY <br />zPark Plaza, Suite 1uo.Irvine, cx92614|pyw9.47a.umu|py*u.wauwa|xwW.ocucom <br />BUSINESS COUNCIL <br />September 25.2O24 <br />City of Santa Ana <br />20 Civic Center Piz. <br />Santa Ana, CA 92701 <br />Dear Honorable Mayor &City Council Membors, <br />On behalf of the Orange County Business Council (OCBC), we encourage you to approve the <br />Related Bristol project during the upcoming vote onOctober 1.This transfnnnotivedevelopment <br />represents osignificant economic opportunity nmonlyhx6amaAna.bmtothconUnaCnunty. <br />promising to deliver substantial benefits that align with the city's long-term fiscal health and <br />community growth goals. <br />The economic impact ofRelated Bristol isundeniable. The project will create 1O.OVOnew jobs, <br />generate $5O0million innew tax revenues over its firstD0 years, and provide a $544niUion <br />community benefits package. These contributions are vital to fostering the city's economic <br />resilience and competitiveness. It is crucial that we remain focused on the broader economic <br />benefits for the entire community, rather than allowing additional requirements or union -related <br />concerns oohinder the financial viability ofthis project. <br />There isanurgency mact. Nearly 1OObusinesses within the Metro Town Square shopping Centel <br />face uncertain futures, with leases expiring soon. The prospect ofavacant retail center —one that <br />currently provides essential sales tax revenues mthe city —poses areal threat. Further delays x, <br />the Related Bristol project risk undermining local business stability and economic growth. <br />Approving this innovative mixed -use development will not only support Santa Ana's economic <br />expansion but will also enhance its cultural and social fabric. Related Bristol stands to be a <br />cornerstone indriving sustainable growth, prosperity, and opportunity for generations 0ucome. This <br />is once'in'a-genonation opportunity that Santa Ana cannot onbnd to lose. | strongly urge you to <br />approve the Related Bristol project and secure the economic future of our city. <br />For these reasons, and we ask you to vote yes to <br />approve this project. <br />Sin *Je ey OBall 0 <br />President & CEO <br />Orange County Business Council <br />CC Mayor VoleheAmezoua <br />Councilmemter David Penaloza <br />Councilmember Benjamin Vazquez <br />THE LEADING VOICE OF BUSINESS IN ORANGE COUNTY <br />Orange County Business Council <br />vPofGovernment Affairs <br />CouncilmemberPhil Bacerru <br />CouncilmemberJouaieLupmz <br />