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Home My WebLink AboutCity Council - 2013-10 RESOLUTION NO. 2013-10 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 2011/2012; 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 2011/2012, 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 18th day of March 2013. 4 e AV i REVIE APPROVED: AP VED AS TO FORM: --x� nnL City an�ager ty A rne 1/ y A�o z0 13 '3 INITIATED AND APP VED- iz irector of Public orks 13-3649/91002 Exhibit "A" - Resolution No. 2013-10 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2011-2012 (October 1, 2011 through September 30, 2012) I certify that all information attached herein is true and accurate to the best of my knowledge: ;4 2U Director of Finance - City of Huntington Beach Date (-if,,of Huntington Beach Item 5. - 4.,nditure Report FY 11-12 HB -24- Exhibit "A" - Resolution No. 2013-10 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2011-2012 (October 1, 2011 through September 30, 2012) Schedule 1 - Summary Statement of Beginning and Ending Balances Description Line No. Amount Balances at Beginning of Fiscal Year M2 Fairshare 1 $ 1,182,421 .87 M2 Fairshare Interest 2 $ 774.08 M2 CTFP* 3 M2 CTFP Interest 4 Other M2 Funding** 5 $ 32,760.91 Other M2 Interest 6 $ 3.00 Other 7 Balances at Beginning of Fiscal Year 8 $ 1,215,959.86 Monies Made Available During Fiscal Year 9 $ 3,188,491.44 Total Monies Available 10 $ 4,404,451.29 Expenditures During Fiscal Year . 11 $ 1,276,470.95 4: z 3 Balances at End of Fiscal Year .; =b ' u; M2 Fairshare 12 $ 2,709,711.74 M2 Fairshare Interest 13 $ 18,693.08 M2 CTFP* . 14 $ - M2 CTFP Interest 15 $ - Other M2 Funding 16 $ 57,743.03 Other M2 Interest 17 $ 69.00 Other 18. $ - *CTFP = Comprehesive Tranportation Funding Program "Please Note-the 10-11 Expenditure Report reported $84,820.25 in SMP revenue. This has been adjusted to $84,818.26 per OCTA records. Interest earned in 10-11 was$3. No SMP Expenditures were reported on last year's report. This was incorrect Expenditures totaled $52,060.35 leaving a starting.balance of$32,760.91 City of Huntington Beach M2 Expenditure Report FY 10-11 HB -25- Item 5. - S Exhibit "A" - Resolution No. 2013-10 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2011-2012 (October 1, 2011 through September 30, 2012.) Schedule 2 - Summary Statement of Sources and Uses Description Line No. Amount Revenues: M2 Fairshare 1 $ 2,617,467.96 M2 Fairshare Interest 2 $ 17,919.00 M2 CTFP 3 $ 23,724.75 M2 CTFP Interest 4 $ - Other M2 5 $ 187,550.24 Other M2 Interest 6 $ 66.00 Other:* 7 $ 341,763.49 TOTAL REVENUES 8 $ 3,188,491.44 Expenditures: M2 Fairshare 9 $ 1,090,178.08 M2 Fairshare Interest 10 $ - M2 CTFP 11 $ 23,724.75 M2 CTFP Interest 12 $ - Other M2 13 $ 162,568.12 Other M2 Interest 14 $ - Other: 15 $ - TOTAL EXPENDITURES 16 $ 1,276,470.95 TOTAL BALANCE 17 $ 1,912,020.48 *Other= Reimbursement Federal Grant Funds Item 5. - (iuntington Beach , anditure Report FY 10-11 HB -26- City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2011-2012 (October 1, 2011 through September 30, 2012) Schedule 3 - Summary Statement of Detailed Use of Funds M2 M2 Other "Developer/ M2 Fairshare M2 CTFP M2 Type of Expenditure *MOE Impact Fees Fairshare Interest CTFP Interest Other M2 Interest Other Total Line# Local Agency Staff and Administration 1 $ 610,982 $ 314,237 $ 23,725 $ 162,568 $ 580,134 $ 1,691,645 'll r• n. 'a.,, I. :al .ia,: 1, r' I' 7��I" '�', ai, �:� ,1. III !. ,! 17. .j.! It ,m ."u' a, x^ J � �. :•J%' 1 �, Construction and Right-of-Way ,, k,I�,I',I,,t'�.�..1(�Posltr:;�.��:,o-lt:,.,::•asr.'r:�7,�,,,_,,.l..�r, ...h'+lv;��.�,.�_s;;l�l..�... „�,.,.,�'b�,r.v�: f��';.�,; ��d:,s,�.a�ti.. ',��s��d,.:�,�R,w.� t'' w ,�,, �wa�1F1�.u:� �r�^`' New Street Construction 2 $ - Street Reconstruction 3 $ 779,319 $ 57,508 $ 553,512 $ 6,839,235 $ 8,229,574 Signals, Safety Devices, &Street Lights 4 $ 479,465 $ 175,906 $ 665,371 Pedestrian Was & Bike paths 5 $ 446 $ 470 $ 916 Storm Drains 6 $ - Storm Damage 7 $ - Total Construction 8 $ 1,258,784 $ 57,508 $ 553,957 $ - $ - $ - $ - $ - $ 7,015,611 $ 8,885,861 r,, x ht-of-WayAcquisition 9 X Cd al Construction & Flight-of-Way 10 $ 1,258,784 $ 57,508 $ 553,957 $ - $ - $ - $ - $ - $ 7,015,611 $ 8,885,861 CT �1 vS rP:,I!�I II,,v',;iI�a.p`!,,.�t.',�kI,:;rtr4.v,av'L.^..n.,IIIF,r;.,I,an."'�I«I,I:I'r,,'•`iJ.�,.�Ip If,,h,r,6''r...„..k5.�,}(°aY.afi 5,rI,:"l�,,a1,,.r,f tfi4•,I�IY,M11 f rrvf1,.A I..,:�.L.I,,:,I..,...!7,.,.,f I„._e„(.,S.ri,'h,:it`l.Vu.,,ri:r.r,fi„,b�L'�J I.l,u.13Ff9r,'IM1I�<1,II..:.>,),1Jr.::,P,.:d.,�,R,I i„,hrt 1.lIi n,L•.N'.J',..:7,I A�^I.0,I,l c.,l�I'!G.,.5I.,,.'4fA,�l�,}1.a n if,�In.zhtt+.4';,��1!.r.tl.r:�(�t,':,G1'�.nrc„u,.i,t'',I,libAa�'�M1((`•l.,,v{l si1.;.�,r-,.htu,s�:oi,r.."5l,,rB.,,w!�,h.f,'Ii•'.�.All., „1,lI. I, I 1,��::.,.,',,r-,,I�':i1,t'•p r<!.,n>l,„,.V,fl)l:.�r(:1 n'�sl.l',,1I.'!t...d,,�,I,��!.}, 1 i .,..': .! 1: ". e"Ft t0.n ten nc Patching 11 $ 1,404,119 $ 1,404,119 n Overlay & Sealing 12 $ 170,223 $ 760,497 $ 930,720 Street Lights &Traffic Signals 13 $ 1,046,440 $ 1,046,440 A m Ln Storm Damage 14 i $ 0 Other Street Purpose Maintenance 15 $ 4,823,713 $ 51,761 '" �� $ 260,168 $ 5,135,642 � Total Maintenance 16 $ 7,274,272 $ - $ 221,984 $ - $ - $ - $ - $ - $ 1,020,665 $ 8,516,921 0- Other 17 . Z Grand Totals (sum line 1, 10, 16, 17) 18 $ 9,144,037 $ 57,508 $ 1,090,178 $ - $ 23,725 $ - $ 162,568 $ - $ 8,616,410 $ 19,094,426 N O *Local Funds used to satisfy maintenance of effort(MOE) requirements **Transportation related only 0 MOE column represents General Fund expenditures ,-,Other funding includes Measure M funds, gas tax, Prop 42, and grants )ther M2 is Senior Mobility Program C '� f Huntington Beach N <penditure Report FY 10-11 Exhibit "A" - Resolution No. 2013-10 City of Huntington Beach - Measure M2 Expenditure Report Fiscal Year 2011-2012 (October 1, 2011 through September 30, 2012) Schedule 4 - Fairshare Project List Project Name Amount Expended 21385201 - Engineering Design/Construct $ 314,237 21390002 - Residential Pavement $ 170,223 21390008 - Arterial Highway Rehab $ 49,347 21390018 - Concrete Replacement $ 256,213 21390019 - Arterial Rehab 2011/12 $ 247,952 21390004 - Pedestrian Improvements $ 446 21390010 - Bridge Prevention Maintenance $ 51,761 Total $ 1,090,178 itington Beach Item 5. - 8 iiture Report FY 10-11 HB -28- Res. No. 2013-10 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 18, 2013 by the following vote: AYES: Sullivan, Hardy, Harper, Boardman ,Carchio, Shaw, Katapodis NOES: None ABSENT: None ABSTAIN: None City Cyrk and ex-officio C14k of the City Council of the City of Huntington Beach, California