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GPA No. 2018-05 & AA No. 2018-08 <br />November 20, 2018 <br />Page 3 <br />Figure 3: Existina Zoning Map <br />WM-- <br />a IhWh, <br />I Now <br />MST <br />Z1 ; <br />C <br />PROFESSONAL <br />C3 GENERAL COMMERCIAL <br />Note: Subject properties shown in blue. <br />ECONOMIC ANALYSIS <br />Figure 2: Proposed General Plan <br />ST <br />J1 <br />AO <br />O17 <br />PrOoss,a.d AmmwrMt O,Cei <br />P Z1 <br />Figure 4: Proposed Zoning Map <br />Based on the development of the properties at 301 and 325 North Tustin Avenue with a gas <br />station and retail building, approximately $15,000 will be generated in permit fees. The full <br />assessed value of the properties is currently approximately $3.5 million and the building <br />improvements are estimated at $1 million. Therefore, the estimated total net taxable value for the <br />properties is $4.5 million. The gas station and commercial businesses will also generate sales tax <br />revenue for the City and provide employment opportunities. <br />75B-3