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Ms. Selena Kelaher <br />Page 6 of 6 <br />• Entirely short-sighted; <br />• Premised on unrealistic financial projections that have already eroded and been undercut <br />due to projections of loss of taxable property value to adjacent properties; <br />• Made without the benefit of a fully updated General Plan; and <br />• Deprives Santa Ana residents of what could be a vibrant economic engine and resulting <br />high paying jobs. <br />Given the legal and practical infirmities associated with the Project, I respectfully urge the <br />Council to deny the application. Please further refrain from referring the matter back to the <br />Planning Commission. Alternatively, please consider generating a comparative economic analysis <br />of the positive impact of an office development and defer consideration of the item until after the <br />new year. <br />Respec!If^ Submitted,� <br />Mark A. Rothenberg <br />