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RESOLUTION NO. 2026-026 entitled RESOLUTION OF THE CITY COUNCIL <br /> OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE BY THE <br /> CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY OF TAX EXEMPT <br /> OBLIGATIONS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED <br /> $46,000,000 FOR THE PURPOSE OF FINANCING AND REFINANCING THE <br /> ACQUISITION OF LAND AND IMPROVEMENTS, CONSTRUCTION, AND <br /> ACQUISITION OF EQUIPMENT FOR ORANGE COUNTY SCHOOL OF ARTS <br /> AND THE LEGACY FUND <br /> MINUTES: Mayor Amezcua opened the Public Hearing at 6:32 P.M. <br /> City Clerk Jennifer L. Hall announced there were no email comments received and <br /> no speakers. <br /> Mayor Amezcua closed the Public Hearing at 6:32 P.M. <br /> MOTION: Councilmember Hernandez moved to approve the recommended action <br /> for Public Hearing Item No. 22, seconded by Mayor Amezcua. <br /> The motion carried, 7-0, by the following roll call vote <br /> AYES: COUNCILMEMBER BACERRA, COUNCILMEMBER <br /> HERNANDEZ, COUNCILMEMBER LOPEZ, <br /> COUNCILMEMBER PHAN, COUNCILMEMBER VAZQUEZ, <br /> MAYOR PRO TEM PENALOZA, MAYOR AMEZCUA <br /> NOES: NONE <br /> ABSTAIN: NONE <br /> ABSENT: NONE <br /> Status: 7—0 — Pass <br /> MINUTES:At 6:33 P.M., the next Public Hearing was considered. <br /> 23.Public Hearing - Ordinance to Adopt the Fiscal Year 2026-27 Budget, <br /> Resolution for Changes to the City's Basic Classification and Compensation <br /> Plan, Uniform Schedule of Miscellaneous Fees, Seven-Year Capital <br /> Improvement Program, and the City's Annual Update to Comply with AB2561 <br /> Legal notice published in the OC Reporter on May 20 and May 27, 2026. <br /> Department(s): Finance and Management Services <br /> Recommended Action: <br /> 1. Approve the introduction and first reading of an Ordinance to adopt the budget <br /> for Fiscal Year 2026-27, which begins on July 1, 2026, and ends on June 30, <br /> 2027. (Requires five affirmative votes) <br /> CITY COUNCIL 12 JUNE 2, 2026 <br />