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Resolution to Establish SATMD <br />September 15, 2020 <br />Page 4 <br />assessment or the type(s) of improvements and activities to be funded with <br />the revenues from the assessments. Proposed assessments may only be <br />revised by reducing any or all of them. <br />If the City Council, following the public hearing, decides to establish the <br />SATMD, the City Council shall adopt a resolution of formation. <br />FISCAL IMPACT <br />The City will receive a fee of two percent of the amount collected to cover its costs of administration. <br />As the SATMD programs are intended to increase visitation to the City, there may be an increase <br />in transient occupancy tax and sales tax collections. Additional account information and estimates <br />will be provided at the future public hearing meetings. <br />Submitted By: Steven A. Mendoza, Executive Director — Community Development Agency <br />Exhibits: 1. Resolution of Intention to Establish SATMD <br />2. Santa Ana Tourism Management District Plan <br />3. Signed Hotel petitions <br />12A-4 <br />