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2018-04-18 DESCRIPTION OF FUNDING SOURCES MEASURE M2 COMPETITIVE STREET: ACE (MM2: ACE) Complements freeway improvement initiatives underway and supplements development mitigation opportunities on arterials throughout the Master Plan of Arterial Highways (MPAH). MEASURE M2 LOCAL FAIRSHARE (M2 LOCAL FAIRSHARE) This local fair share program returns a portion of the Measure M2 Streets and Roads revenues to the cities and the County of Orange once specific program requirements are met. Disbursement amounts are based on a formula that accounts for population, street mileage, and sales tax collected. NEW TRANSP SYS IMPR AREA E (TSIA AREA E) Ordinance NS-1651, adopted in 1982, established the concept of transportation improvement areas. In addition, the City has executed ³Joint Exercise of Powers Agreements´with the cities of Tustin and Orange specifically covering areas adjacent to those cities. These Area Fees are charged to new development to offset the cost of transportation system improvements within that area. The City has six transportation improvement areas. The fee NEW TRANSP SYS IMPR AREA F (TSIA AREA F) Ordinance NS-1651, adopted in 1982, established the concept of transportation improvement areas. In addition, the City has executed ³Joint Exercise of Powers Agreements´with the cities of Tustin and Orange specifically covering areas adjacent to those cities. These Area Fees are charged to new development to offset the cost of transportation system improvements within that area. The City has six transportation improvement areas. The fee OCTA OC Streetcar Funds (OCTA OC Streetcar Funds) OCTA funds allocated for OC Streetcar Project. PARK ACQUISITION & DEVELOPMENT FUNDS (A&D) (A & D) Any person adding a net increase in residential units or converting apartments to condominiums in the City is charged a Residential Development Fee. These fees are used for the acquisition, construction, and renovation of park and recreation facilities. The City Council has established a standard of two acres of park and recreation facilities per one thousand (1,000) population in the City. Fees vary depending on the type and number of residential units. Fees are paid at the time of application PARK IMPROVEMENTS (PARK IMPROVEMENTS)PRCSA Fee & Donation (PRCSA F&D) This fund is intended to hold monies received from donations from the public and from employee contributions to Parks, Recreation and Community Service Agency programs. Additionally, the fund holds monies that are separate from the general fund and intended for specific purposes, such as carnival fees intended to be used for improvements at parks where the carnival is held. PUB WKS - STORM DRAIN CONST AREA 2 (DAF: DA-2) The Drainage Assessment Fee (DAF) in accordance with Section 34-191 of the Santa Ana Municipal Code, the City has been divided into drainage assessment areas. The fee established for each drainage area is based on the need for drainage facilities in each area as shown in the City¶s Storm Drain Master Plan. PUB WKS - STORM DRAIN CONST AREA III (DAF: DA-III) The Drainage Assessment Fee (DAF) in accordance with Section 34-191 of the Santa Ana Municipal Code, the City has been divided into drainage assessment areas. The fee established for each drainage area is based on the need for drainage facilities in each area as shown in the City¶s Storm Drain Master Plan. RESIDENTIAL DVLP DISTRICT 1 ACQ & DEV (A & D District 1)RESIDENTIAL DVLP DISTRICT 2 ACQ & DEV (A & D District 2) RESIDENTIAL DVLP DISTRICT 2 ACQ & DEV IN LIEU (A & D District 2 In-Lieu) RESIDENTIAL DVLP DISTRICT 3 ACQ & DEV (A & D District 3) - 2 -1-10