HomeMy WebLinkAbout2023-095 - Concerning the Measure M2 Expenditure ReportRESOLUTION NO. 2023-095
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA CONCERNING THE 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. Local jurisdictions are required to meet eligibility requirements and submit
eligibility verification packages to the Orange County Transportation
Authority (OCTA) in order to remain eligible to receive M2 funds.
B. Local jurisdictions are required to adopt an annual M2 Expenditure Report
as part of one of the eligibility requirements.
C. Local jurisdictions are required to account for Net Revenues,
developer/traffic impact fees, and funds expended by local jurisdiction in the
M2 Expenditure Report that satisfy the Maintenance of Effort requirements.
D. The M2 Expenditure Report shall include all Net Revenue fund balances,
interest earned and expenditures identified by type and program or project.
E. The M2 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.
Section 2. The City Council of the City of Santa Ana hereby finds that the
FY 2022/23 Measure M2 Expenditure Report is in conformance with the template
provided in the Measure M2 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 M2 Expenditure Report is hereby adopted by the City of
Santa Ana.
Section 4. The City of Santa Ana Finance Director is hereby authorized to
sign and submit the M2 Expenditure Report to OCTA for the fiscal year 2022/23.
Resolution No. 2023-095
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Section 5. This Resolution shall take effect immediately upon its adoption by
the City Council, and the City Clerk shall attest to and certify the vote adopting this
Resolution.
ADOPTED this 19t' day of December, 2023.
APPROVED AS TO FORM:
Sonia R. Carvalho, City Attorney
i
fr,,A�,, Jonathan T. Martinez
`� 9" Assistant City Attorney
AYES: Councilmembers Amezcua, Bacerra, Hernandez, Lopez,
Penaloza, Phan, Vazquez (7)
NOES: Councilmembers None (0)
ABSTAIN: Councilmembers None (0)
NOT PRESENT: Councilmembers None (0)
Resolution No. 2023-095
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CERTIFICATE OF ATTESTATION AND ORIGINALITY
I, JENNIFER L. HALL, City Clerk, do hereby attest to and certify the attached
Resolution No. 2023-095 to be the original resolution adopted by the City Council of
the City of Santa Ana on December 19, 2023.
Date: \ o
nnifer
C' erk
City of Santa A
Resolution No. 2023-095
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