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o Other • Retain LEED Accredited Professional on Development Team FINANCIAL IMPACT INFORMATION Projected Annual Revenue to Orange County Upon Project Completion $1.3 million in Ad Valorem Taxes $100,000 in Lodging Fees $6 Million in Retail Sales Taxes Roger Perry: There are 84,000 cars going up and down this road (1-85) per day. This will be a method for Orange County to, without degradation to the rest of the County, to capture those people, bring them into an economic development district in Orange County, and cajole them and convince them to spend money. In terms of social equity, we will probably create somewhere in the neighborhood of 1,000-1,500 jobs during the construction period, and then ongoing permanent jobs within the community of approximately 1,500-2,000. Bill Hutchins called George Horton to provide a summary of the project. George Horton: I have been sworn in. I thank you again for your time and careful attention to this presentation tonight. I just have a few remarks. We made every effort in our proposal to respond to the economic development goals of Orange County. We believe those are reasonable goals and we are pleased to be part of the public input process, helping to alter what has historically been unfavorable ratios of residential to commercial properties in Orange County. As you have heard tonight, we propose to go beyond Orange County's Economic Development District standards, with a number of design solutions that would create a better looking, better functioning, and more attractive mixed-use community. We want a walkable retail and entertainment district with a pleasant and safe atmosphere both day and night. We are committed to a project of exceptional quality in land planning, architecture, signage, landscaping, and street-scaping. We are committed to the aggressive pursuit of sustainable goals, sharing parking and other strategies to reduce impervious surfaces; water conservation and reuse; use of daylighting; energy efficient designs; and green building materials. Finally, I want to emphasize how positive I am about this development team. We have good chemistry and complimentary ability. We all have been part of the landscape of Orange County for many, many years. This is a powerful motivation for us to make Buckhorn Village a great destination location, and a development that we will set high standards for future developments to come. Bill Hutchins: In closing, I hope and think that we have provided evidence sufficient to allow the issuance of the SUP. Craig Benedict said that the County Commissioners could ask questions of the applicants or staff, or turn it over to the public for comments and questions. Chair Jacobs said that he consulted with the attorney about what is desirable for the Board of County Commissioners to do now, since there are 39 people signed up to speak. Geof Gledhill said that if the staff recommendation is followed, this matter will not be concluded tonight, and thus the County Commissioners can hear public comment tonight and then save the Board of County Commissioners' comments to the next meeting. The Board can also ask questions of the developer.