Agenda - 06-03-2008-5b5a - Laserfiche WebLink

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b ]. 8 1 o Other 2 Retain LEED Accredited Professional on Development Team 3 4 FINANGIAL IMPACT INFORMATION 5 Projected Annual Revenue to Orange County Upon Project Completion 6 7 $1.3 million in Ad Valorem Taxes 8 $100,000 in Lodging Fees 9 $6 Million in Retail Sales Taxes 10 11 12 Roger Perry: There are 84,000 cars going up and down this road (I-85) per day. This will be a 13 method for Orange County to, without degradation to the rest of the County, to capture those 14 people, bring them into an economic development district in Orange County, and cajole them 15 and convince them to spend money. In terms of social equity, we will probably create 16 somewhere in the neighborhood of 1,000-1;500 jobs during the construction period, and then 17 ongoing permanent jobs within the community of approximately 1,500-2,000. 18 19 Bill Hutchins called George Horton to provide a summary of the project. zo 21 George Horton: I have been sworn in. I thank you again for your time and careful attention to 22 this presentation tonight. I just have a few remarks. We made every effort in our proposal to 23 respond to the economic development goals of Orange County. We believe those are 24 reasonable goals and we are pleased to be part of the public input process, helping to alter what 25 has historically been unfavorable ratios of residential to commercial properties in Orange 26 County. As you have heard tonight, we propose to go beyond Orange County's Economic 27 Development District standards, with a number of design solutions that would create a better 28 looking, better functioning, and more attractive mixed-use community. We want a walkable 29 retail and entertainment district with a pleasant and safe atmosphere both day and night. We 30 are committed to a project of exceptional quality in land planning, architecture, signage, 31 landscaping, and street-scaping. We are committed to the aggressive pursuit of sustainable 32 goals, sharing parking and other strategies to reduce impervious surfaces; water conservation 33 and reuse; use of daylighting; energy efficient designs; and green building materials. Finally, I 34 want to emphasize how positive I am about this development team. We have good chemistry 35 and complimentary ability. We all have been part of the landscape of Orange County for many, 36 many years. This is a powerful motivation for us to make Buckhorn Village a great destination 37 location, and a development that we will set high standards for future developments to come. 38 ~ . 39 Bill Hutchins: In closing, I hope and think that we have provided evidence sufficient to allow 40 the issuance of the SUP. 41 42 Craig Benedict said that the Gounty Commissioners could ask questions of the 43 applicants or staff, or turn it over to the public for comments and questions. 44 Chair Jacobs said that he consulted with the attorney about what is desirable for the 45 Board of County Commissioners to do now, since there are 39 people signed up to speak. 46 Geof Gledhill said that if the staff recommendation is followed, this matter will not be 47 concluded tonight, and thus the County Commissioners can hear public comment tonight and 48 then save the Board of County Commissioners' comments to the next meeting. The Board can 49 also ask questions of the' developer. ~~ ~~