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Resolution — Consenting to the Inclusion of Santa Ana <br />Properties in the California Municipal Finance Authority <br />Open PACE Financing Program <br />February 6, 2018 <br />Page 3 <br />Economic Development, Objective #5 (leverage private investment that results in tax base <br />expansion and job creation citywide). <br />FISCAL IMPACT <br />There is no fiscal impact associated with the recommended action. There is no cost to the City by <br />authorizing the California Municipal Finance Authority Open PACE programs described. The City <br />will have no administrative responsibilities, no marketing obligations, and no financial obligations <br />associated with makin its program available. <br />r. <br />FredMousavipour <br />Executive Director <br />Public Works Agency <br />FM/MM/CK <br />Exhibit: 1. Resolution — California Municipal Finance Authority Open PACE Program <br />55C-3 <br />