HomeMy WebLinkAboutCity Council - 2018-15 (5) RESOLUTION NO. 2018-15
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 2016/2017; 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 2016/2017, a copy of which
is attached hereto, marked Exhibit "A," and by this reference made a part hereof as though set
out in full herein, is hereby adopted.
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a
regular meeting thereof held on the � day of , 2018.
Mayor `
REVIE &�IhD PPROVED: APPROVED
CityVn_a'g'e'j1
Cit ttorney rw
INITIATED AND PPROVED:
Director of Public Works
18-6283/174255/MV
Av. c�v S
City of Huntington Beach Signature Page
M2 Expenditure Report
Fiscal Year Ended September 30, 2017
I certify that the interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for
those purposes for which the Net Revenues were allocated and all the information attached herein is true and
accurate to the best of my knowledge:
Chuck Adams ;L/V j
Director of Finance(Print Name) Date
G�U J,
ig nature
Res. No. 2018-15
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, ROBIN ESTANISLAU 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, 2018 by the following vote:
AYES: O'Connell, Semeta, Peterson, Posey, Delgleize, Hardy
NOES: None
ABSENT: Brenden
RECUSE: None
City Clerk and ex-officio Clerk of the
City Council of the City of
Huntington Beach, California