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HomeMy WebLinkAboutCC AG PKT 2011-12-12 #H-�j 5 At ... AGENDA STAFF REPORT_ DATE: December 12, 2011 TO: Honorable Mayor and City Council THRU: Jill R. Ingram, City Manager FROM: Sean P. Crumby P.E., Assistant City Manager /Public Works SUBJECT: APPROVE SUBMITTAL OF YEARLY EXPENDITURE REPORT TO OCTA FOR MEASURE M2 ELIGIBILITY SUMMARY OF REQUEST: Staff is requesting that the City Council Adopt Resolution No. 6207 approving the submittal of the yearly expenditure report to OCTA for Measure M2 Eligibility. BACKGROUND AND ANALYSIS: In November of 1990, the voters of Orange County approved Measure M, the Revised Traffic Improvement and Growth Management Ordinance. Measure M created a fund for transportation improvements to mitigate traffic impacts generated by existing and proposed development. Measure M authorizes the imposition of an additional half -cent retail transaction and use tax for a period of twenty (20) years. In November of 2006, Measure M was renewed by the voters of Orange County for an additional twenty (20) years, and is now known as Measure M2. Funds identified as Measure M2 "turnback" funds are used on local and regional transportation improvement and maintenance projects. Other Measure M funds, for transportation related projects, are made available through several competitive programs included in the Combined Transportation Funding Program (CTFP). To be eligible to receive Measure M2 "turnback" and CTFP funds, the Local Transportation Authority (LTA) must find that the City has satisfied specific requirements every year. The Board of Supervisors of Orange County has designated the OCTA as the Local Transportation Authority. The City of Seal Beach has fulfilled the following initial requirements: 1. Demonstrated compliance with the County's Congestion Management Program. 2. Maintained a mitigation impact fee schedule. 3. Adopted a seven -year Capital Improvement Program that includes all transportation projects funded partially or wholly by Measure M dollars. Agenda Item H 4. Adopted and adequately funded a Local Pavement Management Plan (PMP). 5. Adopted a Traffic Demand Management Ordinance. 6. Satisfied Maintenance of Effort (MOE) Requirements. 7. Agreed to expend all Measure M revenues within three (3) years of receipt. 8. Year -end expenditure report All of these items must be maintained to retain eligibility. Some items must be renewed or resubmitted annually and some biannually. This year the City of Seal Beach submitted the following to OCTA by June 30, 2011: 1. Measure M seven -year Capital Improvement Program 2. Maintenance of Effort (MOE) Reporting Form 3. Congestion Management Program compliance Checklists 4. General Plan Compliance Documentation 5. Measure M Eligibility Checklist The City of Seal Beach is required to submit the year -end expenditure report by December 31, 2011. This report summarizes all Measure M2 expenditures for the prior fiscal year. A copy of the report is attached. ENVIRONMENTAL IMPACT: There is no environmental impact related to this item. LEGAL ANALYSIS: The City Attorney has reviewed and approved this item. FINANCIAL IMPACT: If the City Council does not adopt the resolution, the City will be in jeopardy of losing Measure M funding. Currently, the City receives approximately $262,000 in Measure M turnback funding annually. Additionally, the City of Seal Beach remains eligible to receive funding for the numerous competitive grants secured within Measure M. RECOMMENDATION: It is recommended that the City Council Adopt Resolution No. 6207 approving the submittal of the yearly expenditure report to OCTA for Measure M2 Eligibility. Page 2 SUBMITTED BY: Sean P. Crumby P.E. Assistant City Manager /Public Works NOTED AND APPROVED: Prepared by: David Spitz, P.E. Associate Engineer Attachments: A. Resolution No. 6207 B. Yearly Measure M2 Expenditure Report Page 3 RESOLUTION NUMBER 6207 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL APPROVING THE MEASURE M2 EXPENDITURE REPORT FOR THE CITY OF SEAL BEACH WHEREAS, Local Transportation Authority Ordinance No. 3 requires local jurisdictions to adopt an annual Expenditure Report to account for Net Revenues, developer /traffic impact fees, and funds expended by local jurisdiction which satisfy the Maintenance of Effort requirements; and WHEREAS, the Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project; and WHEREAS, the Expenditure Report must be adopted and submitted to the Orange County Transportation Authority each year within six months of the end of the local jurisdiction's fiscal year to be eligible to receive Net Revenues as a part of Measure M2. THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE: Section 1. The Measure M2 Expenditure Report is in conformance with the M2 Expenditure Report Template provided in the Renewed Measure M Eligibility Guidelines and accounts for Net Revenues including interest earned, expenditures during the fiscal year and balances at the end of fiscal year. Section 2. The M2 Expenditure Report is hereby adopted for the City of Seal Beach. PASSED, APPROVED AND ADOPTED by the Seal Beach City Council at a regular meeting held on the 12th day of December, 2011 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members Mayor ATTEST: City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of the City of Seal Beach, do hereby certify that the foregoing resolution is the original copy of Resolution Number 6207 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 12th day of December , 2011. City Clerk City of Seal Beach M2 Expenditure Report Fiscal Year Ended June 30, 2011 Beginning and Ending Balances Description Line No. Amount Balances at Beginning of Fiscal Year ------------------------------------------------ ,M2 Fairshare 1 $ _ -- .L. -- ------------------------------------------- W2 Fairshare Interest .............•------------------------ _ 2 - - _ $ . .. •-------------- ..... - - - - -- ;M2 CTFP 3 -- $ - - I ---------------------------------------------------- •- - - - - -- ;M2 CTFP Interest -- - - - - -- 4 ------------------------ $ - ------------------------------------------------------- - - - - -- ;Other M2 Funding -- - - - - -• 5 ------------------ - - - - -- $ - ---------------------------------------------------------- ------------ Other M2 Interest - - - - -- 6 ------------------------ $ ------- -- Other* - - ------------------ - - -- - $ - -- - - -- - - - -- Balances at Beginning of Fiscal Year (Sum Lines 1 to 7) _ - 7 - 8 ------- - - - - - - - -- $ - - : ---------------------------------------------------------------------- ;Monies Made Available During Fiscal Year 9 ------------------------ $ - -- - - - -- - -- - - - -- --------------------------------- Total Monies -- Available --- --- - (Sum - --- Line ---- s 8 & 9) 10 ------------------ - - - - -- $ - ----------------------------------------------------------- - - - - -- Expenditures During Fiscal Year --------•----------------------- 11 $ - --------------------------- Balances at End of Fiscal Year -- -- ------------------------------------------------------------- Fairshare 12 $ - M2 Fairshare Interest 13 $ - -----a---------------------------------- --------------------- - - ---- M2 CTFP 4. -- - - - - -- 14 ------------------------ - ----------------------------------------- - - - - -- W2 CTFP Interest _ ------------------------ - ---- -- - - -- ---------------------------------------------- - - - - -- ;Other M2 Funding _15 16 ------------------ - - - - -- - ...._ r ---------------------------------------------------------------------- .............................. ..........•-------------- - - - - -- :Other M2 Interest -- - - - --• -- 17 ------------------------ $ - - -- - -----;----------------------------------------------------- - - - - -- :Other* ---- - -- * Please provide a specific description Schedule 1 CUP - Combined Transportation Funding Program City of Seal Beach M2 Expenditure Report Fiscal Year Ended June 30, 2011 Sources and Uses Description Line No. Amount Revenues: , - .• ------------------------------------------- ------------------ :M2 Fairshare - --------•------------------------------ 1 $ - - - - -•�- ---------- - - - - -- `M2 Fairshare Interest -- - - - - -- 2 ------------------------ $ - -------------------------------- - - - - -- CTFP-------------------------------------------------- - - -- 3 ------------------------ $ - - - M2 CTFP Interest - - -- - 4 ------------- - - - - -- - $ - -- - ,------------------------------------------------------- - - - - -- :Other M2 Funding -------------------••----------------------------------------- -- - - - - -- 5 ------------------ - - - - -- $ - ----- �- Other M2 Interest - -- ------------------------------------------------------- ... - - - -- 6 ------------------------ - �Other* 7 _$ _ - $ - TOTAL REVENUES (Sum lines 1 to 7) 8 $ - Exp_endit_ures: -- 'r- -----------------------•------------------------ : M2 Fairshare - -- - - -- -- ---------------------- - 9 $ - - ----------------------- - - - - -- I M2 Fairshare Interest - - - - - -- 10 ----------------------- $ _ -- -------------------------------------------------- -------- M2 CTFP ._ 11 . - -. .. - - $ - -- :M2 CTFP Interest 12 --------------- - - - - -- $ - ----------------------------------------------------------------- :Other M2 Funding - -------------------------------------------------------- - - - - -- 13 ------------------ - - - - -- $ - - - - - -- :Other M2 Interest - -- - -- -------------------------------------- -- - - - - -- 14 ----------------- - - - - -- $ - ----------- - - - - ---- Other* - - - - -• 15 ........................ $ - TOTAL EXPENDITURES (Sum lines 9 to 15) j 16 j $ ITOTAL BALANCE (Subtract line 16 from 8) 17 1 $ - Schedule 2 * Please provide a specific description U) V LL 04- C-4 o 0 - 4) rL 0-00 c C 4) LLI CL X 0 W N CO) CO) m 'a a) U) 0 r E al 0 O u r E O u1 O - 0 C O L U 2 0 ': . . . . . . . : Ln: o : . .:, .:m . . . . . . • :Ln:o!,i:c-j:cn: j :. 0: : % D: 0): 0: 0 [--tiOi iC-4iO!OOi 00 cn i -;t: -1: 00: (n in -j cy� . : ry .z : 0606 cq en: A V-4: rl: f, tD 'D Ln:,,:,,: 0 : in: rn : Ln 0 C 4: C 4: j: Ln .Ln ij -, : : JI) I 4f) ljl - 4j , . . . . . . . . . . . . . . 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L1: ci: co: t o M : E E' Z ' 0 ' m Zimi V Ei «E cu: C: W 5 0 I' : Wi I m i '-i - -si %i >1 - i Nibi m! 0 : Ci- 0 2 r ioioitniL aci m: 0: 0 W r E al 0 O u r E O u1 O - 0 C O L U 2 City of Seal Beach M2 Expenditure Report Fiscal Year Ended June 30, 2011 Fairshare Project List Schedule 4 PROJECT NAME AMOUNT EXPENDED --------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- •------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- 0 - - - - -- ----------------------- $ - City of Seal Beach I certify that all the information attached herein is true and accurate to the best of my knowledge: 4-4z-4 � Direct Finance