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Santa Ana /Garden Grove Streetcar MOU <br />July 7, 2015 <br />Page 4 <br />• During operations, the City shall compensate OCTA 10 percent of operating costs less any <br />fare box revenue the OCTA collects. <br />These MOU terms highlight Santa Ana's desire to ensure the project is implemented with the <br />original intent of the REA/FEIR adopted by the City Council. Additionally, the MOU serves to <br />ensure that Santa Ana is compensated for staff and consultant time in support of the project. <br />The draft MOU has been reviewed by staff from both OCTA and the City. It has also received <br />legal review by both agencies. Following adoption of the MOU by City Council, it will then be <br />presented to the OCTA Transit Committee on July 9 with the OCTA Board to review and consider <br />adoption on July 27. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports Goal #3 Economic Development, Objective #2 (create new <br />opportunities for business /job growth and encourage private development through new General <br />Plan and Zoning Ordinance policies), Strategy C (support business development and job growth <br />along transit corridors through the completion of critical transit plans /projects including the Fixed <br />Guideway Project, Santa Ana Regional Transportation Center Master Plan, Complete Streets, <br />and General Plan Circulation Element update). <br />Approval of this item supports Goal #3 Economic Development, Objective #4 (continue to pursue <br />objectives that shape downtown Santa Ana into a thriving, culturally diverse, shopping, dining, <br />and entertainment destination), Strategy B (create a comprehensive program to manage parking <br />that includes innovative strategies to provide parking, create revenue, and enhance accessibility <br />in the downtown). <br />Approval of this item also supports the City's efforts to meet Goal #6 Community Facilities & <br />Infrastructure, Objective #1 (establish and maintain a Community Investment Plan for all City <br />assets), Strategy G (develop and implement the City's Capital Improvement Program in <br />coordination with the Community Investment and Deferred Maintenance Plans). <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />25C -4 <br />