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Economic Development Initiatives (EDI) Grant Overview / Economic Development Funding and Staffing / Santa Ana Economic Indicators / Real Estate Investment / Unemployment ► Investment in the City ► Vibrant Economic and Business Activity / Major Residential Projects / Public -Private Partnerships ► Economic Development Initatives a Proposal Categories a Funding I Eemmade Development Ptiblic/Private - $t million Partnerships Economic Development and Infrastructure - $1.6 million (S400k each corridor) Projects in Corridors (Downtown, Harbor, S. Many IV' Street) General Fund Allocation (Economic $617,866 (includes I time $150,000 $465,675 Development Division) allocation for ED) Former Enterprise Zone funds - includes $502,000 $265,500 funding for: • Chamber GROW Conference($50,000) • Chamber DiJjerenre Makaes($2,000) • Chamber Business Retention Program ($10,000) • Stare of the City ($$,000) • Chamber Community Guide ($7,000) • Chamber Tasw of Santa A. (j2,000 Downtown $302,000 - WORK Center (Federal Funding) $3,221,503 $3,171,375 South Main Public Improvements (settlement) $250,000 $4.7 million Additional Improvements for S. Main - $2.5 million (redevelopment bonds Strategic Plan Wayfinding $400,000 Marketing $50,000* Marketing $50,000* Downtown $25,000* Downtown $25,000* Sister Cities Initiative $25,000* ED Strategic Plan $120,000 Arts and Culture $250,000* Arts and Culture $250,000* Sister Cities Initiative $25,000* Total $870000 Total 350,000 Surplus Funds (Branding & Placemaking) $150,000 $150,000 Total $5,913,369 $14,202,550 *Recurring funding source Budgeted Positions that Support Economic Development WORK Center: (2) Economic Development Specialist III (10) Workforce Specialist II CITY COUNCIL MINUTES 21 SEPTEMBER 20, 2016