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(Item #5 taken out of order) 5. FY 2018.19 First Quarter General Fund Update {Strategic Plan No. 4,1) (Sergio Vida, FMSA) Sergio Vidal, Acting Executive Director of Finance and Management Services provided summary of the General Fund Budget Summary, FY 2018-19 General Fund First Quarter Revenue and Expenditures, Vacancy Report and next steps for financial information for the current year for the City, Council Committee question and answer period ensued. Affordable Housing Funding Solutions (Strategic Plan No. 5,3; 5,4) (Mayor Pro Tem Martinez) • Presentation by Ted Chandler and Ernesto Medrano, AFL-CIO Housing Investment Trust and LAIOC Building and Construction Trades Council Mayor Pro Tem Martinez brought this item forward seeking housing solutions and funding options. Mr. Ted Chandler, (via telephone) Chief Operating Officer of the AFL-CIO Housing Investment Trust and Mr. Ernesto Medrano, Council Representative of Los Angeles and Orange Counties Building and Construction Trades Council presented opportunities for investment partners and funding options for Santa Ana affordable housing developments. Mayor Pro Tem Martinez thanked Mr. Chandler and Mr. Medrano for their time. She looks forward working with them. Staff will work with Mr. Chandler and Mr. Medrano on the next steps. 3. Tax Increment Financing Study (Strategic Plan No. 6,1) (Mayor Pro Tem Martinez) • Presentation by Kimberly Clark, Regional Planner— Data & GIS Southern California Association of Governments (SCAG) Mayor Pro Tem Martinez introduced Ms. Kimberly Clark, Regional Planner Specialist of Southern California Association of Governments (SCAG). Mayor Pro Tem Martinez wanted to introduce this Pilot SCAG project to City Council for about a year. SCAG has agreed to fund a study using Mr. Joseph Dieguez, Senior Vice President of Kosmont Companies to create a tax increment financing study area, which could provide an opportunity to fund infrastructure. Ms. Clark, provided the background on Tax Increment Financing Study Areas while Mr. Dieguez provided information on the Santa Ana study area. The Committee considered the map and added the Opportunity Zone overlay and the grade separation area on 17th Street from the Santa Ana freeway east to Grand Avenue. Mayor Pro Tem Martinez thanked Mr. Mendoza and Mr. Thai, SCAG staff and Kosmont Companies. Mayor Pro Tem Martinez reminded the Committee that the City October 22, 2018 1 Economic Development, Infrastructure, Budget & Technology Minutes on 13A-4