E
conomic Development Subsidy Report
Pursuant to Government Code Section 53083
For the Sale of City Property to THRIVE Santa Ana, Inc.
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ursuant to Government Code Section 53083, the City Council of the City of Santa Ana must hold a noticed public hearing and, prior to the public hearing, provide all of the following information in written form and available to the public through the City’s website regarding a proposed economic development subsidy provided by the City pursuant to sale of city-owned property at 1901 W. Walnut Street, Santa Ana, CA 92703, with THRIVE Santa Ana, Inc. Notice was published on February 2, 2026 for a Public Hearing to be held on February 17, 2026.
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he purpose of this report is to provide the information required pursuant to Government Code Section 53083 in regards to the Purchase and Sale Agreement. This report shall remain available to the public and posted on the City’s website until the end date of the economic development subsidy, as further described in number 2 below. (1
) The name and address of all corporations or any other business entities, except for sole proprietorships, that are the beneficiary of the economic development subsidy, if applicable.
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he Agreement is with THRIVE Santa Ana, Inc., a 501(c)(3) tax exempt California Public Benefit Corporation.
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HRIVE Santa Ana, Inc.
P.O. Box 1935
Santa Ana, CA 92702
(2
) The start and end dates and schedule, if applicable, for the economic development subsidy.
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pon City Council approval of the Purchase and Sale agreement, the start date for the subsidy will commence on February 17, 2026 upon execution of the agreement. (3
) A description of the economic development subsidy, including the estimated total amount of the expenditure of public funds by, or of revenue lost to, the local agency as a result of the economic development subsidy.
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he economic development subsidy is in the form of accepting a below market value offer to purchase city -owned property at 1901 W. Walnut Street, Santa Ana, CA, 92703. The fair market value of the property based on an appraisal was $1,030,000.
The City Council approved accept ed purchase price was $852 ,000. The estimated amount of lost revenue is $178,000.
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o expenditure of public funds is anticipated by this agreement.
EXHIBIT 4
(4
) A statement of the public purposes for the economic development subsidy.
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he property at 1901 W Walnut has been vacant for over 12 years. Development of the site as a microfarm brings positive community benefits to the area that include: 1) making organic produce and other healthy options more available in the local neighborhood, 2) implementing a membership- based model to provide monthly baskets of vegetables, fruit and other garden products to members at a low cost, 3) creating worker cooperative jobs, 4) encouraging participation from local residents which can contribute to the local neighborhood economy, civic engagement, and prevention of costly health conditions including obesity and mental health illnesses. (5
) Projected tax revenue to the local agency as a result of the economic development subsidy.
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roperty tax revenue to the City is anticipated to be approximately $1, 500 per year.
No sales tax revenue would be generated as a result of the economic development subsidy as the sales for a microfarm with organic produce would not be subject to sales tax.
(6
) Estimated number of jobs created by the economic development subsidy, broken down by full-time, part-time, and temporary positions.
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he microfarm has created 5 full-time jobs, 10 part-time jobs, and 30 temporary positions during construction. THRIVE estimates that at least 10 new part time jobs and many local contracts will be created as a result of the project over the next 5 years.