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AHSC Resolution, Density Bonus Agreement, and Mitigated Negative Declaration <br />February 5, 2019 <br />Page 11 <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item assists the City in meeting Goal # 3 (Economic Development) Objective # 2 <br />of creating new opportunities for business/job growth and encourage private development through <br />new General Plan and Zoning Ordinance policies; Goal # 5 - Community Health, Livability, <br />Engagement & Sustainability, Objective # 3 (Facilitate diverse housing opportunities and support <br />efforts to preserve and improve the livability of Santa Ana neighborhoods) and Objective # 6 <br />(Focus projects and programs on improving the health and wellness of all residents). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action at this time. If the application for AHSC funding <br />is approved, and National CORE is awarded AHSC funds for Transportation Related Infrastructure, <br />the City of Santa Ana will enter into a contract with the Developer to utilize those funds in an amount <br />up to $3,081,360 to develop specific improvements of the Transportation Related Infrastructure <br />component of the project. At that time, an appropriation adjustment will be recommended to City <br />Council to recognize AHSC Program grant funds in revenue account no (41818002-52025) and <br />appropriating the same to the AHSC Program expenditure account no. (41818832-66220) for the <br />project. A local match is not required for the AHSC Program grant funds. <br />1:az— J" - <br />Steven A. Mendoza <br />Executive Director <br />Community Development Agency <br />inh Thai M, <br />Executive Director <br />Planning and Building Agency <br />Exhibits: <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />/44t4'� " <br />Kailftyn Dow s, CPAP po <br />Executive Director <br />Finance and Management Services Agency <br />1. Affordable Housing and Sustainable Communities Resolution <br />2. Affordable Housing and Sustainable Communities (AHSC) Agreement <br />3. Map of AHSC Grant Improvements around the Project <br />4. Density Bonus Agreement <br />5. Planning Commission Staff Report from January 14, 2019 <br />6. Mitigated Negative Declaration Resolution <br />a. Exhibit A - Mitigation Monitoring and Reporting Program <br />7. Initial Study and Mitigated Negative Declaration <br />8. Public Comments Received <br />75A-11 <br />