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'• <br />gacdu�Ill <br />September 24, 2024 <br />Dear Councilmember Penaloza, <br />I strongly urge you to approve the Related Bristol project on October 1. A project of this <br />size and magnitude will provide an unprecedented economic package that the city <br />desperately needs, and should be approved. <br />We cannot lose sight of what is at stake. Related Bristol will generate 16,800 new <br />jobs, $500 million in new tax revenue during its first 30 years and a $544 million <br />community benefits package. As part of your civic duty to vote in the best interest of <br />your constituents, it is imperative to prioritize the needs of the overall community and <br />not jeopardize the financial feasibility of the project over additional union issues, <br />components and other requirements. <br />Time is of the essence! Nearly 100 local businesses at Metro Town Square shopping <br />center need certainty about their future and business location. With leases for all <br />tenants expiring imminently and the very real prospect of a vacant retail center that is an <br />important generator of sales tax revenues to our City, we cannot delay this project any <br />further, nor jeopardize its feasibility. <br />Related Bristol is proposing new and improved community amenities that will enhance <br />and elevate the quality of life in this city, including: <br />• 13 acres of publicly accessible and actively programmed open space, <br />• $22M towards a Community Benefit Fund that could be used towards street <br />improvements, a community center, or anything else the City prioritizes, <br />• A public safety office to shorten police response times, and <br />$18M in affordable housing in -lieu fees. <br />More than ever, people want safe, secure public places to connect and build community <br />with family and friends. For these reasons, I support the visionary Related Bristol <br />project, and I urge you to approve this important, new gateway to Santa Ana for the <br />benefit of all. <br />ico �. "am <br />President & CEO <br />Goodwill of Orange County <br />d10 N. Fairview St. ocgoodwi0l.org <br />Si w Ana, CA 92703 7'14.547.6308 <br />17 <br />