HomeMy WebLinkAboutCC Res 6338 2012-12-10 RESOLUTION NUMBER 6338
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 10th day of December , 2012 by the following vote:
AYES: Council Members)1.6., 2.•AAA: B t .1.«I! _1/'
NOES: Council Members 17(1,921?
ABSENT: Council Members I
ABSTAIN: Council Members ro �-+'d110
o v ql e ;'�� Mayor
ATTEST: ;V{ r\�,c Ale O ,,Cy4
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tity1Clerk r',9y`,ti'/p, ,,Q> ?:
STATE OF CALIFORNIA } °,,,,,, T I � '
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 6338 on file in
the office of the City Clerk, passed, approved, and adopted by the City Council at
a regular meeting held on the 10th day of December , 2012.
424 A. /yn1
City Clerk