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HomeMy WebLinkAbout55A - RESO - MEASURE M2 EXPEND REPORTREQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: DECEMBER 2, 2013 TITLE: RESOLUTION AFFIRMING ADOPTION OF THE MEASURE M2 YEAR -END EXPENDITURE REPORT CITY MANAGE RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ❑ As Recommended ❑ As Amended ❑ Ordinance on 1" Reading ❑ Ordinance on 2nd Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Adopt a resolution approving the Measure M2 Annual Expenditure Report and direct the Executive Director of the Public Works Agency to submit it to the Orange County Transportation Authority as required by Measure M2. DISCUSSION The recommended action will allow the City to continue receiving Measure M2 Comprehensive Transportation Funding Programs (CTFP) Funds. Each year local agencies are required to submit documentation to OCTA which includes a year -end expenditure report along with a resolution which approves the report to the Orange County Transportation Authority (OCTA). The expenditure report is a detailed financial document submitted by each jurisdiction and is used to track financial activity as it relates to Renewed Measure M2 and other improvement funds. The report accounts for receipt, interest earned, and the use of Measure M2 and other funds. This report helps to validate eligible use of funds and must be submitted within six months of the jurisdiction's fiscal year end. The report will allow the City to continue receiving approximately $4 million in Measure M2 Fairshare funds each year, and adoption of the resolution is a required reporting element. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. 55A -1 Resolution Affirming Adoption of the Measure M2 Year -End Expenditure Report December 2, 2013 Page 2 FISCAL IMPACT There is no fiscal impact associated with this action. Edwin William alvez, P.E. Interim Executive Director Public Works Agency EWG /ML 55A -2 RESOLUTION NO. 2013- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ADOPTING THE FY 2012/13 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. Orange County Local Transportation Authority Ordinance No. 3 requires local jurisdictions to adopt an annual Expenditure Report to account for Net Revenues, developer /traffic impact fees, and funds expended by local jurisdictions which satisfy the Measure M2 Maintenance of Effort requirements. B. The Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project. C. The Expenditure Report must be adopted and submitted to the Orange County Transportation Authority each year within six months of the end of the City's fiscal year to be eligible to receive Net Revenues as part of Measure M2. Section 2: The City Council of the City of Santa Ana hereby finds that the FY 2012/13 Annual Expenditure Report is in conformance with the M2 Expenditure Report Template provided in the Renewed Measure M 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 City Council adopts the Annual Expenditure Report, and directs the Executive Director of the Public Works Agency, or his designee, to submit the Expenditure Report to the Orange County Transportation Authority. 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. 55A -3 Page 1 of 2 ADOPTED this day of APPROVED AS TO FORM: Sonia R. Carvalho, City Attorney A Laura Sheedy Assistant City Attorney AYES: NOES: Councilmembers Councilmembers ABSTAIN: Councilmembers NOT PRESENT: Councilmembers 2013. Miguel A. Pulido Mayor CERTIFICATE OF ORIGINALITY I, MARIA D. HUIZAR, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2013 -XXX to be the original resolution adopted by the City Council of the City of Santa Ana on Date: Clerk of the Council City of Santa Ana 55A -4 Page 2 of 2