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17-0516_SOUTH COAST INVESTORS II, LLC_D2_Correspondence 25/16/2017 R w SAN JUAN CAPISTRANO D2 X chamber of Commerce Tuesday, May 16, 2017 RE: SUPPORT, D2 (Extension of Development Agreement) Mayor Ferguson and Members of the Council: I am writing to respectfully urge the Council to extend the Development Agreement for the Plaza Banderas / Inn at the Mission project. The project has the strong support of the San Juan Capistrano Chamber of Commerce and is essential to the long term economic health of our City, as well as the continued success of our historic Downtown as a tourist destination. While I often wish that developing a project in San Juan Capistrano was a speedier endeavor, I think we can all agree that things here take a little more time. This is a project that will have a major, positive impact on our community and it makes sense that we should extend the time, as needed, to see it through. On behalf of the 300+ local businesses that we represent, I hope that you will continue to allow this project to move forward with your positive vote on this item. Thank you for your consideration! Best, Mark Bodenhamer San Juan Capistrano Chamber of Commerce