HomeMy WebLinkAbout2005-060 - Preparation of a Santa Ana Neighborhood Market Drilldown Analysis by Social Compact
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RESOLUTION NO. 2005-060
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA AUTHORIZING THE PREPARATION OF A SANTA
ANA NEIGHBORHOOD MARKET DRILLDOWN ANALYSIS BY
SOCIAL COMPACT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS
FOLLOWS:
Section 1. The City Council of the City of Santa Ana hereby finds, determines
and declares as follows:
A. Social Compact is a non-profit corporation that is led by business leaders
from across the country, including but not limited to, the Federal Home Loan
Bank of San Francisco, Fannie Mae, First American Financial, State Farm,
Affinity Bank, the Principal Financial Group, Washington Mutual and former
governors of the U.S. Federal Reserve Bank.
B. The Neighborhood Market Drilldown ("Drilldown") performed by Social
Compact is a pioneering market analysis model that reveals the hidden
strengths of undervalued communities. Social Compact's criteria for
performing a market analysis include reviewing a location that is poised for
change, has strong leaders and is an active business community. The
findings by Social Compact will be of great value in supporting initiatives to
improve economic opportunities in Santa Ana.
C. The City of Santa Ana wishes to provide necessary information sets to Social
Compact for the Drilldown. These information sets include tax assessment
data, building permit information, crime data, vehicle registration, land use,
school data, utility data, financial institution information and commercial
business license records.
D. The neighborhoods that will be associated with the Drilldown study are
depicted on Exhibits 1 and 2. These proposed study areas encompass large
portions of the Santa Ana Empowerment Zone and the Downtown.
Section 2. The City of Santa Ana authorizes Social Compact to perform the
Santa Ana Neighborhood Market Drilldown for the City, at no financial cost to the City.
Section 3. The City of Santa Ana hereby authorizes and empowers the
Executive Director of the Community Development Agency or her designee to provide
Social Compact with all of the necessary information in order for it to perform the Santa
Ana Neighborhood Market Driildown.
Resolution 2005-060
Page 1 of 4
Section 4. This Resolution shall take effect immediately upon its adoption by
the City Council, and the Clerk of the Council shall attest to and certify the vote adopting
this Resolution.
ADOPTED this 20lh_day of June, 2005.
APPROVED AS TO FORM:
Joseph W. Fletcher, City Attorney
BY:,~ ~ ;: ~
Lisa E. Storck
Assistant City Attorney
AYES:
Councilmembers: Alvarez. Bisl. Bustamante. Christv. Garcia. Pulido.
Solorio (7)
NOES:
Councilmembers: None (0)
ABSTAIN:
Councilmembers: None (0)
NOT PRESENT: Councilmembers: None (0)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, PATRICIA E. HEALY, Clerk of Council, do hereby attest to and certify the attached
Resolution No. 2005-060 to be the original resolution adopted by the City Council of the
City of Santa Ana on June 20. 2005.
Date:
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c;;t'I:C<~ >I--e/'x
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City of Santa .
Resolution 2005-060
Page 2 of 4
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