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Agreement with Greater Santa Ana Vitality Foundation for Economic Development <br />December 20, 2016 <br />Page 3 <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #3 - Economic Development, <br />Objective #1, (Implement a comprehensive Economic Development strategy to ensure that <br />Santa Ana is a City with a vibrant business climate that is accessible, user-friendly and <br />welcoming to all residents and visitors), Strategy C (Promote and market Santa Ana specific <br />strengths in the regional economy) and Strategy E (Partner with local Chambers of Commerce, <br />citywide business associations and the community to develop a new branding and marketing <br />strategy for the City). <br />FISCAL IMPACT <br />Approval of the appropriation adjustment will reallocate funds in the amount of $500,000 in <br />revenue account (no. 01102002-51601) and increase the Economic Development Contract <br />Services expenditure accounts as follows: <br />Account Projected Expenditure in Amount <br />01118810-62300 FY 2016-17 $300,000 <br />01118810-62300 FY 2017-18 $200,000 <br />Total $500,000 <br />Robert C. Corte <br />Deputy City Manager- <br />City <br />an ger"City Manager's Office <br />APPROVED AS TO FUNDS AND ACCOUNT: <br />Frerncisck Gutierrez Do <br />Executive Director <br />Finance and Management Services Agency <br />Exhibits: 1. Agreement <br />2. Roster of Chamber EDC members <br />20A-3 <br />