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269 <br />JOINT AGENCY/COUNCIL ACTION <br />$17,458,590 in bond proceeds and investment income from the 1998 Santa Ana <br />Financing Authority Refunding Revenue Bonds, transferring $4,341,085 of general fund <br />revenue to the Workers Compensation and Liability Funds, recognizing $309,630 in the <br />Equipment Maintenance Fund, transferring $2,577,200 in additional tax increment <br />revenue to the Housing Set -Aside fund, and allocating general fund revenue of <br />$1,638,245 to Police Field Operations, $1,343,995 to Fire Suppression, $458,970 to <br />Parks and Recreation, and $30,590 to Clerk of the Council operations - Finance and <br />Management Services <br />MOTION: Franklin SECOND: McGuigan <br />VOTE: AYES: Bist, Christy, Franklin, Lutz, McGuigan (5) <br />NOES: None (0) <br />ABSENT: <br />Moreno, Pulido, (2) <br />COUNCIL RECONVENED AT 7:45 PM TO THE REGULAR MEETING OF THE CITY <br />COUNCIL IMMEDIATELY RECESSING AT 7:46 P.M. <br />COUNCIL RECONVENED AT 8:00 PM TO THE REGULAR CITY COUNCIL <br />MEETING <br />WORK STUDY SESSION <br />WS.A. EMPOWERMENT ZONE UPDATE <br />Patti Nunn, Economic Development Manager, Community Development <br />Agency, noted that Santa Ana received the designation for an <br />empowerment zone in January 1999. She presented an overview of the <br />Santa Ana Empowerment Zone governance structure and reported that <br />the Board now has twenty-three members and meets monthly. The board <br />works cohesively and is served by a staff of four. The various committees <br />and sub -committees meet monthly or weekly. Ms. Nunn also reported that <br />the Santa Ana Zone is the only zone that was allocated all round two <br />funds and has working projects. <br />Ms. Nunn presented the program and project goals and listed many of the <br />program accomplishments. She explained that round two funding has <br />been allocated to several programs, and that $408,588.00 was held from <br />the second year funds to redistribute RFP's targeting the areas of <br />Academic After School Programs, Childcare, and Economic Development. <br />CITY COUNCILMINUTES <br />264 <br />AUGUST 21, 2000 <br />