Laserfiche WebLink
Dale Helvig <br />2536 N. Valencia St. Santa Ana CA 92706 <br />714-541-7254 helvig_denny@msn.com <br />November 11, 2019 <br />Mayor Pulido and Santa Ana City Councilmembers <br />City of Santa Ana <br />20 Civic Center Plaza, 8ti, Floor <br />Santa Ana CA 92702 <br />Subject: Item to Consider at November 19, 2019 City Council Meeting <br />I am opposed the 2525 Main Residential development. <br />The economic analysis that was performed by RSG for the revised project of 256 units shows the net <br />income in 2017$ over 25 years will be $6.729 million (NPV), or $269k per year (2017$) over 25 years. <br />This is far below the $24.5 million ($980k per year) mentioned at the Sept. 5th Community meeting <br />and included in the Developers Sept. 13th Project Submittal. Don't buy into their mis-information <br />tactics. <br />Santa Ana can and should do better! <br />Respectfully, <br />U 4. <br />It <br />Dale A Helv�ig <br />Chairman, North Santa Ana Preservation Association (NSAPA) <br />P.S. Happy Veteran's Day <br />cc: citycouncil@santa@santa-ana.org <br />eComments@santa-ana.org <br />Kristine Ridge <br />City Manager, Santa Ana <br />Minh Thai <br />Executive Director, Planning <br />Vince Fregoso, <br />Manager, Planning <br />Selena Kelaher <br />Associate Planner <br />Mark McLoughlin <br />Chair, Planning Commission <br />Alberta Christy <br />Chair, Historic Resources Commission <br />Phil Schaefer, <br />Vice Chair, Historic Resources Commission <br />Michael C'Valle, <br />President, Park Santiago Neighborhood <br />Association (PSNA) <br />Page 1 of 1 <br />2019-11-11 Letter to City Council.doc <br />