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Downtown Business Improvement <br />District Levy <br />November 21, 2017 <br />Page 3 <br />shopping, dining, and entertainment destination), Strategy F (Partner with downtown business <br />and merchant associations to program events that showcase restaurants, shopping and <br />entertainment venues). <br />FISCAL IMPACT <br />There is no direct fiscal impact associated with this action. The City collects the BID revenue from <br />businesses within the BID boundary and distributes funding to each organization, in accordance <br />with approved operating agreements. Revenues will be deposited equally in the BID Trust and <br />Agency Fund for Downtown Inc. and Santa Ana Business Council in account (nos. 09301001- <br />24036 and 09301001-24043) respectively, and distributions to each organization will be made <br />from the same accounts. <br />Robert M. Zur S h de <br />Interim Executive erector <br />Community Development Agency <br />Exhibits: 1. 2018 Assessment Report <br />2. Resolution <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />�rNth mr" �) dJ�* - <br />Francisco Gutierrez pp <br />Executive Director <br />Finance and Management Services Agency <br />12A-3 <br />