Item 17 - Public Hearing for Five-Year Economic Development Subsidy Reports

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ORANGE COUNTY REPORTER -SINCE 1921 600 W SANTA ANA BLVD STE 812, SANTA ANA, CA 92701 Telephone (714) 543-2027 I Fax (714) 542-6841 ABIGAIL ALCALA CITY OF SANTA ANA/CITY CLERK 20 CIVIC CENTER PLAZA M-30 SANTA ANA, CA-92701 PROOF OF PUBLICATION State of Calif ornia County of ORANGE (2015.5 C.C.P.) ) ) ss Notice Type: HRG -NOTICE OF HEARING Ad Description: PH Notice -TACEnergy and THRIVE I am a citizen of the United States and a resident of the State of California; I am over the age of eighteen years, and not a party to or interested in the above entitled matter. I am the principal clerk of the printer and publisher of the ORANGE COUNTY REPORTER, a newspaper published in the English language in the city of SANTA ANA, county of ORANGE, and adjudged a newspaper of general circulation as defined by the laws of the State of California by the Superior Court of the County of ORANGE, State of California, under date 06/20/1922, Case No. 13421. That the notice, of which the annexed is a printed copy, has been published in each regular and entire issue of said newspaper and not in any supplement thereof on the following dates, to-wit: 02/05/2025 Executed on: 02/05/202 5 At Los Angeles, California I certify (or declare) under penalty of perjury that the foregoing is true and correct. 11111111 1111 11111 11111 11111 11111 1111111111 11111 1111m1Im 11111 11111111 *A D D D D D 7 D 1 9 6 4 1 * Email This space for filing stamp only OR#: 3889562 NOTICE OF PUBLIC HEARING BEFORE THE SANTA ANA CITY COUNCIL OF THE CITY OF SANTA ANA NOTICE IS HEREBY GIVEN-The City Council of the City of Santa Ana will hold a public hearing to co nsider a Flve-Year Economic Developmen t Subsidy R eport r��. T��en��ror�n !eHR�� S��l�fa�: Governmen t Code, Sectio n 53083. TAC Energy Project Description: Th e economic develoRmen t subsidy is equal to fifty perc en t (50%) of the sa les lax received by the City quarter1y, for each year, durin g the 25-y ear agreemen t period. The subsidy report will be made available onli ne before the scheduled Public Hearing at: https://www.santaana.org/cd/economic-developmen tsubsidy-reports THRIVE Santa Ana Inc. Project Description: The economic development subsidy is in the form of a subsidized 99-year ground lease for 1901 W. Walnul Street, Santa Ana, CA, 92703. The estimated amount of lost reven ue is estimaled al $817,000, lhe appraised value of the property. No exp enditure of pub lic fun ds is anticipated by this agree ment. The subsidy report will be made available onlin e before the schedul ed Public Hearing at: https://www.santa-ana.org/cd/eco nomicdevelopment-subsldy-reports Meeting Time and Date -This public hearing will be held on Tuesday, February 18, 2025, at 5:30 p.m., or as soon thereafter as the matter may be heard, in lhe Cily Council Chamber, 22 Civic Center Plaza, Sa nta Ana, CA 92701. Members of the public may attend this meeting In-person or join via Zoom. For the most up to date information on how to participate virtually in this meeting, please visit https://www.santa-ana.orglag en dasand-minules/. Written Comments: If you are unable to participate in the meetin g, you may send written comments by a.mail to eCommen t@santa-ana.org (reference the Agenda Hem # in the subject li ne) or mail lo Jennifer L. Hall, City Clerk, City of Sa nta Ana, 20 Civic Cen ter Plaza -M30, Sa nta Ana, CA 92701. Deadline to submit written comm en ts is 4:00 P.M. on th e day of the meetin g. Comments received after the deadline may not be distributed to the City Council but wil l be made part of the record. Where To Get More Information - All staff reports regarding any item on this agenda are available for public inspection �u�rn�s�1io�i:��d ��:dd��n�;ectt�� website the Tuesday prior to th e Council meeting at: www.santa-an a.org/agendasan d-minutes. Who To Contact For Questions -Should you have any questions, please contact Marc Morley al (714) 647-5477 or you can send an email to mmorl ey@santaana.org. SI tlene preguntas en espai\ol, favor de llamar al 714-647-6520. N!u cin lien l�c bing tl!ng Vl�t, xln dltn tho�i cho Kristie Ha s6 (714) 667-2206. If you challenge the decision on the above matter, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Council of the City of Santa Ana at, or prior to, the public hearing, J en nifer L. Hall, CMC City Clerk 2/5/25 OR-3889562# EXHIBIT 3