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Resolution-Consenting to the Inclusion of Santa Ana <br />Properties in the California HERO Program <br />September 16, 2013 <br />Page 2 <br />voluntary contractual assessment levied on such owner's property, with no recourse to the local <br />government or other participating jurisdictions. Property owners who wish to participate in this <br />voluntary program agree to repay the amount borrowed through the contractual assessment <br />collected together with their property taxes. This financing is available for eligible improvements on <br />both residential and nonresidential properties. <br />Since its launch in late 2011, the HERO Program has been very successful in Western Riverside <br />County. The program has approved over $130 million in applications and has funded over $30 <br />million in projects. Due to this success, the California HERO Program is now being offered to <br />provide additional California cities and counties with a proven program that saves significant time, <br />cost, and local resources that would otherwise be needed to develop a stand-alone local program. <br />Jurisdictions may adopt the resolution which includes approval of the amendment to the WRCOG <br />joint powers agreement and is provided within the resolution as an attachment (Exhibit 1). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this recommended action. All California HERO Program <br />administrative costs are covered through an initial administrative fee included in the property <br />owner's voluntary contractual assessment, and an annual administrative fee which is also collected <br />on the property owner's tax bill. <br />Edwin "William" Gal-e±, P.E. <br />Interim Executive Vector <br />Public Works Agency <br />EWG/MM <br />Exhibits: 1. Resolution <br />2. California HERO FAQs <br />55A-2