HomeMy WebLinkAboutCity Council - 2022-67 RESOLUTION NO. 2022-67
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF HUNTINGTON BEACH CONCERNING
THE MEASURE M2 EXPENDITURE REPORT
FOR THE CITY OF HUNTINGTON BEACH
WHEREAS, local jurisdictions are required to meet eligibility requirements and submit
eligibility verification packages to Orange County Transportation Authority (OCTA) in order to
remain eligible to receive M2 funds.
Local jurisdictions are required to adopt an annual Expenditure Report as part of one of
the eligibility requirements.
Local jurisdictions are required to account for Net Revenues, developer/traffic impact
fees, and funds expanded by local jurisdiction in the Expenditure Report that satisfy the
Maintenance of Effort requirements; and
The Expenditure Report shall include all Net Revenue fund balances, interest earned and
expenditures identified by type and program or project; and
The 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.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Huntington Beach does hereby inform OCTA that:
a) The M2 Expenditure Report is in conformance with the template provided in the
Measure M2 Eligibility Guidelines and accounts for Net Revenues included interest
earned, expenditures during the fiscal year and balances at the end of fiscal year.
b) The M2 Expenditure Report is hereby adopted by the City of Huntington Beach.
c) The City of Huntington Beach Finance Director is hereby authorized to sign and
submit the M2 Expenditure Report to OCTA for the fiscal year ending 2022.
21-10540/269379 1
Resolution No. 2022-67
PASSED AND ADOPTED by the City Council_of the City of Huntington Beach at a
special meeting thereof held on the 0? tk day of NAlle tJ,.e. , , 2022.
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Mayor 1
REVIEWt P AND APPR•VED: APPROVED AS T ORM:
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City 7M1111, y torney at/
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Director of Public ork.
22-12065/294662 2
Res. No. 2022-67
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 special meeting thereof held on
November 29, 2022, by the following vote:
AYES: Peterson, Bolton, Posey, Delgleize, Carr, Moser, Kalmick,
NOES: None
ABSENT: None
ABSTAIN: None
604141,,, Q4
City Clerk and ex-officio Clerk of the
City Council of the City of
Huntington Beach, California