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 />
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