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A7:fl=l1W61 <br />Economic Development Subsidy Report <br />Pursuant to Government Code Section 53083 <br />For a City of Santa Ana Resident Vehicle Incentive Program <br />Pursuant to Government Code Section 53083, the City Council of the City of Santa Ana must <br />hold a noticed public hearing and, prior to the public hearing, provide all of the following <br />information in written form and available to the public through the City's website regarding a <br />proposed economic development subsidy provided by the City pursuant to a Participation <br />Agreement between the City of Santa Ana and 10 franchised dealers (Agreement), in connection <br />with the Vehicle Incentive Program. Notice was published on the City's website for a public <br />hearing to be held on March 19, 2019. <br />The purpose of this report is to provide the information required pursuant to Government Code <br />Section 53083 in regards to the Santa Ana Vehicle Incentive Program. This report shall remain <br />available to the public and posted on the City's website until the end date of the economic <br />development subsidy, as further described in number 2 below. <br />(1) The name and address of all corporations or any other business entities, except for <br />sole proprietorships, that are the beneficiary of the economic development subsidy, <br />if applicable. <br />The Agreement is with 10 Santa Ana dealerships listed below. These business entities will <br />be the pass through for the subsidy to the residents and businesses of the city of Santa Ana. <br />Penske Audi South Coast <br />1425 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Crevier BMW <br />1500 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Crevier Mini <br />1455 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Freeway Honda <br />1505 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Guaranty Chevrolet <br />1505 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Penske Lincoln South Coast <br />1405 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Subaru Orange Coast <br />1350 Auto Mall Drive <br />Santa Ana, CA 92705 <br />Tom's Truck Center <br />909 N Grand Avenue <br />Santa Ana, CA 92701 <br />Penske Volkswagen South Coast <br />1450 Auto Mall Dr. <br />Santa Ana, CA 92705 <br />Volvo of Orange County <br />1400 S. Dan Gurney Dr. <br />Santa Ana, CA 92705 <br />(2) The start and end dates and schedule, if applicable, for the economic development <br />subsidy. <br />Upon City Council approval, the proposed agreement is expected to commence on April 1, <br />2019, and end on March 31, 2024. <br />75B-13 <br />