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HomeMy WebLinkAbout2013-08-06CITY OF SANTA ANA CITY COUNCIL COMMITTEE ON FINANCE, ECONOMIC DEVELOPMENT, & TECHNOLOGY MINUTES AUGUST 6, 2013 CALL TO ORDER: City Hall 20 Civic Center Plaza, Room 229 Santa Ana, CA 5:40PM ATTENDANCE: Council Committee members: David Benavides (arrived 5:45pm) Michele Martinez Vincent Sarmiento MEMBERS ABSENT STAFF PRESENT: (None) Kevin O'Rourke, CMO Francisco Gutierrez, FMSA Robert Cortez, FMSA Teresa Ramirez, FMSA William Galvez, PWA Gerardo Mouet, PRCSA Jose Sandoval, CAO Sandra Gottlieb, CDA Frank Hernandez, CDA Shelly Landry- Bayle, CDA Karen Gerardo, CDA Marc Morley, CDA Nancy Fong, CDA GUESTS PRESENT: Kathy Lai, CPA, Macias Gini & O'Connell LLP (MGO) Ben Legbandt, Local Agency Formation Commission (LAFCO) Delhi Center Representatives AGENDA ITEMS 1. Minutes of the June 24, 2013 Meeting Motion: Approve Minutes MOTION VOTE: Martinez SECOND: Sarmiento AYES: Martinez, Sarmiento NOES: None (0) ABSENT: Benavides (1) August 6, 2013 1 Finance, Economic Development, & Technology Minutes 2. Frequency of committee meetings Francisco Gutierrez suggested meetings should be quarterly per bylaws, unless there is a need to meet sooner. Final bylaws will be completed by the City Attorney's Office. 3. Audit Policy Finance will formalize audit process and have city council engaged with audit process and auditors. Audit calendar distributed listing various audit reports and due dates. Council committee members will be interviewed as part of this process. Kathy Lai, CPA with Macias Gini & O'Connell LLP gave a brief overview of services provided to the City. Audit results will be ready in January/February for review. Councilmember Martinez would like to go over past couple of years. 4. LAFCO Fiscal Trend Analysis Ben Legbandt from Orange County Local Agency Formation Commission ( LAFCO) provided a brief presentation on LAFCO background and enhanced financial trend analysis that can be found online. Site shows cities' fiscal health and financial condition. Currently eight indicators are listed but may be increased to 20 indicators for a comprehensive view of financial and economic indicators /trends. This information will be rolled out by the League of California Cities with the purpose of helping cities identify benchmarks and as a diagnostic tool. CDBG — Reallocated Funds — City Projects for consideration A revised CDBG proposal list was provided. Sandi Gottlieb, CDA Acting Executive Director stated that $750,000 in reallocated funds were available for projects that meet eligibility requirements. In accordance with the direction from the committee at its first meeting, $400,000 is being retained for any unanticipated gaps in the funding of already approved projects. As directed by the committee at its last meeting, staff presented a prioritized list of city projects, with the three top projects identified as coming within the $750,000 allotment. Staff also provided an update on discussions and preliminary eligibility screening with respect to the Delhi Center's and The Grain Project's proposed concepts - solar panels at Delhi and Grain Project's concept of purchasing land for a community garden. A discussion by the committee followed with staff providing further details. The committee also addressed representatives from the Delhi Center and The Grain Project who were present. Project needs were discussed and questions were raised regarding project readiness and funding eligibility. The committee directed staff to work with the two entities to potentially identify up to two capital projects that August 6, 2013 1 Finance, Economic Development, & Technology Minutes could be forwarded to the City Council for consideration along with the three city projects, recognizing that not all could be funded; and recommended proceeding with a Substantial Amendment identifying the potential projects for funding consideration utilizing the $750,000 in reallocated funds.. 6. CDBG — Santa Ana New Business Incentive Program Funding Plan Marc Morley, Economic Development Specialist III, presented New Business Incentive Program for Santa Ana and some of the eligibility requirements. The program is modeled after Long Beach's long- standing successful program to assist new small businesses. Vince Sarmiento would like to see if displaced businesses could be identified as possible candidates for this program. David Benavides asked if contact could be made with the Chamber of Commerce or business associations to assist prospective applicants. 7. NSP Housing Project — Harbor Blvd. Revised Neighborhood Stabilization Program (NSP) 2 and 3 update provided. Discussion of possible development of multi - generational household homes needed to accommodate larger families. Shelly Landry - Bayle, CDA Housing Division Manager, stated that there is $400,000 in NSP funds that must be expended by October 22, 2013. All four action items were approved by committee members. 8. Unsolicited Proposals Due to time constraints, this item will be placed on next meeting's agenda. Adjournment — 7:21 pm C �� �>� � - Teresa Rai irez, in ce E tive Secretary August 6, 2013 1 Finance, Economic Development, & Technology Minutes