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April 16, 2024 <br />To: Honorable Santa Ana Mayor Valerie Amezcua and City Council <br />From: Lawna Munholland, Property Manager, Metro Town Square Shopping <br />Center <br />Re: Related Bristol Redevelopment 1 Take Action Now <br />Continued <br />The result is more and more vacancies are occurring and even many of our longtime, <br />loyal customers are voicing concerns as they begin shopping elsewhere. Moreover, it's <br />impossible to attract new businesses because no one wants a lease for just 20 months <br />with no guarantee about the future. Our major bank Tenants are very concerned <br />because they need at least two years to look for new locations and meet stringent <br />government regulations. <br />Related has done a good job of helping our Tenants navigate this uncertainty. But they <br />can only do so much when our increasingly restless Tenants ask why hearings have not <br />been set and the project, which many support, has not been approved. <br />On behalf of those Tenants, and the center's management, I'm here to voice those <br />same concerns. We all know the city is facing a major sales tax revenue shortfall when <br />Measure X expires. Related Bristol will generate nearly $11 million annually in much <br />needed new revenue for Santa Ana when it becomes a new destination for premier <br />retail, dining, and services at completion. <br />My question is simply this: What are you waiting for? Please advance this project <br />now. <br />Thank you for listening to not only me, but the 98 Business Owners who care about this <br />city and its future. <br />Take action before this once in a generation opportunity slips away. <br />Page 2 of 2 <br />