The URL can be used to link to this page

Home My WebLink AboutCity Council - 2012-15 RESOLUTION NO. 2012-15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH ADOPTING THE MEASURE M2 EXPENDITURE REPORT FOR THE CITY OF HUNTINGTON BEACH WHEREAS, on November 7, 2006, the Orange County voters approved Renewed Measure M (Measure M2), a thirty-year(2011 to 2041), multi-billion dollar program extension of the original Measure M; and Local Transportation Authority Ordinance No. 3 requires local jurisdictions to adopt an annual Expenditure Report to account for the Measure M2 Net Revenues, developer/traffic impact fees, and funds expended by local jurisdiction which satisfy the Maintenance of Effort requirements for the fiscal year 2010/2011; and The Measure M2 Expenditure report must be adopted and submitted to the Orange County Transportation Authority (OCTA) each year within six months of the end of local jurisdiction's fiscal year to be eligible to receive Net revenues as part of Measure M2, NOW, THEREFORE,the City Council of the City of Huntington Beach does hereby resolve as follows: That the Measure M2 Expenditure Report for the fiscal year 2010/2011, as set forth in the attached Exhibit "A" and incorporated by this reference is hereby adopted. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 19 t h day of MEi r c h , 2012. Mayor REVI AND APPROVED: AP P OVED AS TO FORM: Ci ger AitAtto ey C)" 2�7�-�`•Z- INITIATED AND APP VED: Director of Ptibli Works 12-3239/76318 Resolution No. 2012-15 City of Huntington Beach Measure M2 Expenditure Report. Fiscal Year 2010-2011 (October 1, 2010 through September 30, 2011) I certify that all information attached herein is true and accurate to the best of my knowledge: Director of Finance - City of Huntington Beach Date City of Huntington Beach M2 Expenditure Report FY 10-1'1 EXHIBIT"A" Resolution No. 2012-15 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2010-2011 (October 1, 2010 through September 30, 2011) Schedule 1 - Summary Statement of Beginning and Ending Balances Description Line No. Amount Balances at Beginning of Fiscal Year - M2 Fairshare 1 M2 Fairshare Interest 2 M2 CTFP* 3 M2 CTFP Interest 4 Other M2 Funding 5 Other M2 Interest 6 Other 7 Balances at Beginning of Fiscal Year 8 $ - Monies Made Available During Fiscal Year 9 $ 1,267,241.12 Total Monies Available 10 $ 1,267,241.12 Expenditures During Fiscal Year 11 $ - Balances at End of Fiscal Year M2 Fairshare 12 $ 1,182,420.87 M2 Fairshare Interest 13 $ 774.08 M2 CTFP* 14 M2 CTFP Interest 15 Other M2 Funding 16 $ 84,820.25 Other M2 Interest 17 Other 18 *CTFP Comprehesive Tranportation Funding Program City of Huntington Beach M2 Expenditure Report FY 10-11 EXHIBIT"A" Resolution No. 2012-15 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2010-2011 (October 1, 2010 through September 30 2011) Schedule 2 - Summary Statement of Sources and Uses Description Line No. Amount Revenues: M2 Fairshare 1 $ 1,182,420.87 M2 Fairshare Interest 2 $ 774.08 M2 CTFP 3 $ - .M2 CTFP Interest 4. $ - Other M2 5 $ 84,820.25 Other M2 Interest 6 $ - Other. 7 $ TOTAL REVENUES 8 $ 1,26.8,015.20 Expenditures: M2 Fairshare 9 $ - M2 Fairshare Interest 10 $ - M2 CTFP 11 $ - M2 CTFP Interest 12 $ - Other M2 13 $ - Other M2 Interest 14 $ - Other: 15 $ - TOTAL EXPENDITURES 16 $ - TOTAL BALANCE 17 $ 1,268,015.20 City of Huntington Beach M2 Expenditure Report FY 1 Q-11 EXHIBIT"A" Resolution No. 2012-15 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year2010-2011 (October 1, 2010 through September 30, 2011) Schedule 3 - Summary Statement of Detailed Use of Funds M2 M2 Other "Developer/ M2 Fairshare M2 CTFP Other M2 Type of Expenditure ``MOE Impact Fees Fairshare Interest CTFP Interest M2 Interest Other Total Line# Local Agency Staff and Administration 1 $ 520,783 $ 620,783 �, q,,a L- c., „i fit. 4 1 I'd•kp r it l i A-,. r y a `.I i7f +1- 'F'Fl r r rr :iAr ,:F e� u; S,., n r r;N1 lvrapP t r"•t.''; �n h."! 4�d r h:.„Y'r1 J�,i�ry}`i. ;a � ,e n r r h„';: �. I. I`+II krF,i':�r �J } )�'",ti! ,(,�, qr �i ,•�, f i. j ' 'i: ,v � Construction and Right-of-WayI, ,! �I„✓~i 4 ,u >'a_;�, ,+::.h;+�i4 tl, �5 � ,,� � rf>, [ F,�II , i i,,i� �� l:i, ! I I d G,! �� ail ,i .P I .: �R��,y�S'i'1, I, � i. a.,+rl i L1,+;i,1�i I Aril,,:I I NI,I,',IPi I„'��{ � ,� �,i; {I r::•' � I NeW Street Construction 2 $ Street Reconstruction 3 $ 683,692 $ 102,364 $ 3,955,274 $ 4,741,330 Si nals, Safety Devices, & Street Lights 4 $ 448,058 $ 620,869 $'_ 1,068;927 Pedestrian Ways& Bike paths 5 $ 1,190,668 $ 1;190;668 Storm Drains 6 $ 234,563 $ 234,553 Storm Dama e 7 $ Total Construction 8 $ 1,131,750 $ 102,364 $ $ $ $ $ - $ $ 6,001,364 $ 7,235,478 Right-of-Way Acquisition 9 0o Total Construction & Right-of-Way 10 $ 1,131,760 $ 102,364 $ - $ $ - $ - $ - $ $ 6,001,364 $ 7,236,478 ..� . .`.;s a,' ...,��rE-�.n +• :y. a"'i"�I+hh "r.kYe x� V �a f I''I• � 1rl)Maintenance l u. „ , irr 11:'i D Patching 11 $ 1,454,545 $ 1,454,545 Overlay &.Sealing 12 $ 499,807 $ 499,607 Street Lights &Traffic Signals 13 $ 981,833 $ 103,026 $ 1,084,859 Storm Damage 14. $ Other Street Pur ose Maintenance 15 $ 2,948.231 $ 417,183 $ 3,365,414 Total Maintenance 16 $ 5,384,609 $ - $ - $ - $ $ - $ - $ - $ 1;020;016 $ 61404,625 Other 17 Grand Totals sum line 1, 10,16, 17) 18 1 $ 7,037,142 $ 102,364 $ - $ - $ - $' $ - $ - $ 7;021,380 $ 14,160,886 *Local Funds used`to satisfy maintenance of effort(MOE) requirements "*Transportation related only Please note - no projects Were funded by M2 Fairshare an FY 10-11 MOE column represents General Fund expenditures Other funding includes Measure M funds, gas tax, Prop 42, and grants. City of Huntington Beach M2 Expenditure Report FY'10-11 Resolution No. 2012-15 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2010-2011 .(October 1.,2010 through September 30, 2011) Schedule 4 - Fairshare Project List Project Name Amount Expended Please note - no projects were funded by M2 Fairshare in FY 10-11 $ - $ - City of Huntington Beach M2 Expenditure Report FY 10-11 EXHIBIT"A" Res. No. 2012-15 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on March 19, 2012 by the following vote: AYES: Shaw, Harper, Dwyer, Hansen, Carchio, Bohr, Boardman NOES: None ABSENT: None ABSTAIN: None Cit Jerk and ex-officio rk of the City Council of the City of Huntington Beach, California