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10 <br /> <br />NON-GENERAL FUND FISCAL IMPACTS <br /> <br />Business Improvement District <br /> <br />Downtown Santa Ana was established as a Business Improvement District (BID) in 1984. BIDs <br />are assessment districts in which business owners pay special levies that go toward various <br />improvements and promotions of the district, in this case, downtown Santa Ana. The City collects <br />the funds and provides them to Downtown Inc. and Santa Ana Business Council, which coordinate <br />events such as First Saturday Artwalk, Savor Santa Ana, Boca De Oro Literary Festival, Santa <br />Ana Media Summit, Outdoor Cinema Series, and the Santa Ana Sidewalk Sales, events that <br />advertise the downtown area and bring foot traffic for local businesses. <br /> <br />The Project is located within the BID, so it will be charged BID fees like the other businesses in <br />the area. Businesses are levied according to the following guidelines: <br /> <br /> Retail Sale of Goods, Hotel and Motels, Theaters, and Food Establishments, shall pay an <br />amount equal to one and one- half times their annual business license fee. <br /> Commercial Rental Property, Rental Property, Residential and Rooming Houses shall pay <br />an amount equal to one-quarter times their annual business license fee. <br /> All other businesses, including Professions, Trades and Services shall pay an amount <br />equal to their annual business license fee. <br />Based on the City’s business license fee schedules, the business license for the apartments, <br />excluding registration fees, are estimated to be $2,698 annually, 0.25 times of which is $675. The <br />business license for all the retail combined is estimated to be $2,003 annually, excluding <br />registration fees, 1.5 times of which is $3,005. While these funds don’t directly benefit the general <br />fund, they will increase funding going towards these downtown events and promotions, which <br />does ultimately help the City. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />4th + Main <br />Project Annual Fees <br />Residential Rentals 675$ <br />Retail Sales 3,005 <br />Total 3,680$ <br />2019 Total BID Estimates 200,000$ <br />Added by Project 3,680 <br />% Added 1.8% <br />Total BID Revenues 203,680$ <br />Source: Santa Ana Business License Tax Fee Schedules, Toll Brothers <br />BUSINESS IMPROVEMENT DISTRICT FEES <br />1- 150