CORRESPONDENCE - 75E (IN FAVOR) - Laserfiche WebLink

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Orozco, Norma From: Tim Johnson < Sent: Tuesday, February 05, 2019 12:28 PM To: eComment; Solorio, Jose; Pulido, Miguel; Iglesias, Cecilia; Villegas, Juan; Sarmiento, Vicente; Penaloza, David; Reyna, Roman Subject: Agenda Item 75E: 2525 N Main Street Please find below comments previously submitted regarding the proposed development at 2525 N. Main Street. I do not want to reiterate everything below, but please know that I am supportive of this project and know that others in the city are also. I live North of 17th Street just like so many others who will likely speak in opposition to this project. This project will provide financial benefits to the city as a whole, community benefits to our area of the city, provide financial support for the schools, provide construction jobs for our laborers, and also provide much needed housing stock for our current and future residents. This proposed development, according to the traffic report, will also create less traffic than the currently zoned alternative office building which could be built on that parcel. Yes, there are trade offs for these benefits which you need to weigh. For example, there may be a change of aesthetics and site lines. However, our city needs to evolve and develop responsbily the available land we have in order for the benefit of the entire city. Thanks for your dedication to our city. Dear Planning Commission, Mayor, City Councilmembers, and Select Planning Department Staff ... I am writing you today in order to provide my perspective and support for the proposed development at 2525 N. Main Street. I am attaching below my correspondence previously submitted on November 26'. Not all of you may have seen this due to the election and changes on the, commission, so I am including for additional information. I have lived in Northern part of Santa Ana for about 13 years now and am about 1 mile away from the development site and drive by 2525 quite often. We own our home and rooted in the community and truly want is best for our neighborhood, community, and the City as a whole. Overall, I believe that the City of Santa Ana can and will benefit from this project. The City needs to evolve and property development should be part of that evolution. We have far too many underutilized parcels that are not generating the property tax revenue that our city needs. Having a vibrant North Main Street is also a benefit for our community. I understand that change can be hard to accept and that the unknown may be scary especially for those with preconceived negative notions about traffic, occupants of mult-family homes, nature of young folks, etc... In order to move our city forward, we need to find additional revenue sources and attract residents of all housing types including high amenity market rate apartments especially when those market rate apartments are not gentrifying existing areas (i.e. displacing existing residents in a different economic housing position). The financial benefits of this project are substantial and should not be overlooked or passed upon: • General Fund: This project will provide almost $1M per year in additional net available funds ($33.5M in revenue less $10M in expenditures) over a 25 year period. The city needs additional revenue sources and development of undertuiltized parcels needs to be part of the plan. I pray that our city council and city staff utilize these additional funds responsibly. Low Income Housing: Provision of over $6M of in -lieu fees. This will not solve our low income and homeless housing issues but it certainly will help. • Santiago Park: The additional $1.4M allocated to the park for improvements will otherwise likely not happen without this development (or one of similar nature). N