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Without clarity, the existing retailers, both large corporate entities and small business owners, <br />are making alternative plans to leave. Their departure would only worsen the City's projected <br />sales tax shortfall by as much as $30 million when Measure X sunsets in the near future. The good <br />news is annual sales tax revenue from Related Bristol and the proposed adjacent redevelopment <br />of South Coast Plaza Village could offset approximately half of this anticipated and serious <br />revenue gap in the years ahead. But it can't happen if Related Bristol does not move forward. <br />And, what happens if the City implements the same ineffective protocols on the Segerstrom's <br />Village Santa Ana project as well as Mater Dei High School's planned $40 million Performing Arts <br />Center? The G7's concern is how many more major investments are we willing to risk losing <br />because the current process to review and negotiate these critical opportunities is not working? <br />The G7, which represents a broad cross section of neighborhoods and interests, wants to see <br />Related Bristol become a reality. Therefore, we urge the City to immediately accelerate the <br />review and consideration of Related Bristol for the greater good of Santa Ana today, and for <br />generations to come. Failure to advance Related Bristol would be a disaster and it will send a <br />chilling message to other developers and investors about Santa Ana's unwillingness to partner <br />on future opportunities in this City. <br />Thank you for listening, and acting on this vital matter. <br />Sincerely, <br />Tim Rush, <br />Chairman <br />The G-7 Neighborhood Leaders Alliance <br />"Leaders Leading the Way to a Better Santa Ana" <br />( <br />