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Economic Development Initiatives (EDI) Grant <br />Overview <br />► Economic Development Funding and Staffing <br />► Santa Ana Economic Indicators <br />► Real Estate Investment <br />/ Unemployment <br />/ Investment in the City <br />/ Vibrant Economic and Business Activity <br />/ Major Residential Projects <br />I, Public- Private Partnerships <br />► Economic Development Initatives <br />Proposal Categories <br />Funding <br />Project <br />ED Investment (FY15-16) <br />1 Investment (FY16-17) <br />Economic Development Public/Private <br />- <br />$1 million <br />Partnerships <br />Economic Development and Infrastructure <br />- <br />$1.6 million (S400k each corridor) <br />Projects in Corridors (Downtown, Harbor, S. <br />Main, IT" Street) <br />General Fund Allocation (Economic <br />$617,866 (includes 1 time $150,000 <br />$465,675 <br />Development Division) <br />allocation for ED) <br />Former Enterprise Zone funds - includes <br />$502,000 <br />$265,500 <br />funding for: <br />• Chamber GROW Conference (S50,000) <br />• Chamber Difference Makers ( ;2,000) <br />• Chamber Rusinesv Retention Program (810,000) <br />• State of the City (35,000) <br />• Chamber Community Guide (S7,000) <br />• Chamber Taste of Santa Ana (82,000) <br />Downtown <br />$302,000 <br />- <br />WORK Center (Federal Funding) <br />$3,221,503 <br />$3,171,375 <br />South Main Public Improvements (settlement) <br />$250,000 <br />$4.7 million <br />Additional Improvements for S. Main <br />- <br />$2.5 million <br />(redevelopment bonds) <br />Strategic Plan <br />Wayfinding $400,000 <br />Marketing $50,000* <br />Marketing $50,000* <br />Downtown $25,000* <br />Downtown $25,000* <br />Sister Cities Initiative $25,000* <br />ED Strategic Plan $120,000 <br />Arts and Culture $250,000* <br />Arts and Culture $250,000* <br />Sister Cities Initiative $25,000* <br />Total $870,000 <br />Total 350,000 <br />Surplus Funds (Branding & Placemaking) <br />$150,000 <br />$150,000 <br />Total <br />$5,913,369 <br />$14,202,550 <br />- Recurring lording source <br />Budgeted Positions that Support Economic Development <br />WORK Center: <br />(2) Economic Development Specialist III <br />(10) Workforce Specialist II <br />CITY COUNCIL MINUTES 21 SEPTEMBER 20, 2016 <br />1 OA -21 <br />