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Related Bristol Specific Plan Entitlements & Development Agreement (3600 S. Bristol St.) <br />and Staff Resolution Modifying Parking Districts in the Surrounding Area <br />October 1, 2024 <br />Page 32 <br />lead agencies may provide an opportunity for review of the Final SEIR by the public or <br />by commenting agencies before a project is approved, but is not required to do so; the <br />Final SEIR is available for review on the City's website at www.santa-ana.org/related- <br />california-bristol-specific-plan/, at the City of Santa Ana Newhope Public Library, and at <br />City Hall. <br />Staff recommends that the City Council certify the Final SEIR and adopt the MMRP for <br />the Project, and adopt CEQA Findings of Fact and Statement of Overriding <br />Considerations. The entire Final SEIR and all required components, including <br />comments, responses, detailed analyses, and the MMRP, are contained within Exhibit 6 <br />of this report. <br />FISCAL IMPACT <br />The General Plan Land Use Element requires projects proposing a zone change to <br />evaluate economic, fiscal, and community benefits impacts through various analyses <br />(Policy Nos. LU-2.4, LU-3.1, and Implementation Action No. 1.2). In accordance with the <br />General Plan, the applicant provided and the City prepared and/or peer -reviewed <br />analyses on economic impacts (EIA), fiscal impacts (FIA), land residual value (LRV), <br />and community benefits (CBA). The EIA, FIA, LRV, and CBA reports' conclusions about <br />the proposed project and its impacts are outlined in Tables 6a, 6b, 6c, and 6d. <br />Tables 6a, 6b, 6c, and 6d: Key Economic, Fiscal, and Community Benefits <br />Findings <br />Table 6a: Key Economic Benefits Findings <br />Topic <br />Existing Site <br />Proposed Project <br />Net Change <br />One -Time Impacts <br />Not applicable <br />16,834 jobs, including <br />Not applicable <br />direct, indirect, and <br />induced full- and part- <br />time jobs; $1.5 billion in <br />citywide one-time labor <br />income; and $667.3 <br />million in intermediate <br />inputs <br />Recurring (Ongoing) <br />371 direct and indirect <br />1,586-5,900 total direct <br />1,215-5,529 increased <br />Impacts <br />jobs <br />and indirect jobs; <br />jobs <br />$337,218,792 in labor <br />income, intermediate <br />inputs, and other value <br />added <br />Jobs -Housing Balance <br />141,543 jobs citywide; <br />143,129 jobs citywide; <br />1,586 jobs resulting <br />82,058 housing units <br />85,808 housing units <br />from the project; 3,750 <br />citywide; 1.725 jobs- <br />citywide; 1.67 jobs- <br />new housing units; <br />housing balance <br />housing balance <br />0.055 decline jobs- <br />