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· · :137 REL:mb 12/31/91 Rev. 1/17/92 RESOLUTION NO. 92-014 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA APPROVING THE SUBMITTAL OF THE SANTA ANA ENTERPRISE ZONE APPLICATION. WHEREAS, the city of Santa Ana has reviewed relative to the California Enterprise Zone Program, Legislation; and information under 1989 WHEREAS, the city of Santa Ana recognized that 50% of the eligible areas in the county are located in Santa Ana; and WHEREAS, the City of Santa Ana has determined that the application containing the Enterprise Zone Area is acceptable and appropriate; and WHEREAS, the city of Santa Ana has determined the Commercial and Industrial areas are within reasonable commuting distance of the eligible area and will be a benefit to those individuals living in the eligible area; and WHEREAS, the City of Santa Ana has made a finding that the application area is a depressed area, and that designation of the application area as an enterprise zone is necessary in order to attract private sector investment to the application area; and WHEREAS, the City of Santa Ana has already initiated an aggressive economic development program to stimulate employment base for Santa Ana area residents; and WHEREAS, the City of Santa Aha is committed to marketing the Enterprise Zone if final designation is received; and WHEREAS, the City of Santa Ana has agreed to coordinate activities and implement programs to market the Enterprise Zone; and WHEREAS, the City of Santa Ana is committed to fund implementation if designated an Enterprise Zone; and WHEREAS, the City of Santa Ana agrees to complete all actions stated within the preliminary and final applications which apply to its jurisdiction should the application be awarded conditional designation.