HomeMy WebLinkAbout2021-076 - Concerning the Measure M2 Expenditure ReportRESOLUTION NO. 2021-076
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA CONCERNING THE MEASURE M2
EXPENDITURE REPORT FOR THE CITY OF SANTA ANA
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. Local jurisdictions are required to meet eligibility requirements and submit
eligibility verification packages to the Orange County Transportation
Authority (OCTA) in order to remain eligible to receive M2 funds.
B. Local jurisdictions are required to adopt an annual M2 Expenditure Report
as part of one of the eligibility requirements.
C. Local jurisdictions are required to account for Net Revenues,
developer/traffic impact fees, and funds expended by the local jurisdiction
in the M2 Expenditure Report that satisfy the Maintenance of Effort
requirements.
D. The M2 Expenditure Report shall include all Net Revenue fund balances,
interest earned, and expenditures identified by type and program or project.
E. The M2 Expenditure Report must be adopted and submitted to the OCTA
each year within six months of the end of the local jurisdiction's fiscal year
to be eligible to receive Net Revenues as part of M2.
Section 2. The City Council of the City of Santa Ana hereby finds that the
FY 2020/21 Measure M2 Expenditure Report is in conformance with the template
provided in the Measure M2 Eligibility Guidelines and accounts for Net Revenues
including interest earned, expenditures during the fiscal year, and balances at the end
of fiscal year.
Section 3. The M2 Expenditure Report is hereby adopted by the City of
Santa Ana.
Section 4. The Finance Director of the City of Santa Ana is hereby
authorized to sign and submit the Measure M2 Expenditure Report to OCTA for the
fiscal year 2020/21.
Resolution No. 2021-076
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Section 5. 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 7th day of December, 2021.
Vicente Sarmiento
Mayor
APPROVED AS TO FORM:
Sonia R. Carvalho, City Attorney
By:.
Ork—
J&n-'M. Funk
Sr. Assistant City Attorney
AYES: Councilmembers
NOES: Councilmembers
ABSTAIN: Councilmembers
Bacerra Hernandez Lopez, Mendoza,
Phan Penaloza Sarmiento (7)
None (0)
None (0)
NOT PRESENT: Councilmembers None (0)
CERTIFICATE OF ATTESTATION AND ORIGINALITY
I, DAISY GOMEZ, Clerk of the Council, do hereby attest to and certify the attached
Resolution No. 2021-076 to be the original resolution adopted by the City Council of
the City of Santa Ana on December 7, 2021.
Date: �Q - J:� ?CA �
Resolution No. 2021-076
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Daisy Gomez
Clerk of the Council
City of Santa Ana