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venture between the SAEC, Santa Ana Chamber of Commercce, CSUF, <br />and the Orange County Business Council <br /> <br />BOARD TASK FORCE REPORT <br /> <br />BUDGET AND PROGRAM TASK FORCE <br /> <br />Bill Manis indicated that the Task Force would be meeting on Friday and <br />electing a Chair <br /> <br />EDUCATION TASK FORCE <br /> <br />Boardmember Haro noted that the Task Force had not met due to lack of <br />quorum <br /> <br />MARKETING AD HOC TASK FORCE <br /> <br />Boardmember Bloom-Ramos also noted that the Task Force had not met <br />due to lack of quorum <br /> <br />SUSTAINABILITY TASK FORCE <br /> <br />Boardmember Haynes reported that the Task Force would like to attend <br />the SAEC Board meetings and address all boardmembers. Haynes also <br />indicated that the Task Force should continue to support the SAEC <br />Business Plan. <br /> <br />STAFF REPORTS <br /> <br />WORKING CAPITAL LOAN PROGRAM <br /> <br />Bill Manis informed the Board that Working Capital Loan Program, a first- <br />year funded program, is currently in progress. The Working Capital Loan <br />Program provides access to capital and entrepreneurial assistance to <br />small businesses located in the Empowerment Zone. <br /> <br />The Southland Economic Development Corporation has issued its first <br />loan for this program to New Vision Technology, Inc. in the amount of <br />$100,000.00 <br /> <br />SAEC MINUTES 6 FEBRUARY 26, 2003 <br /> <br /> <br />