HomeMy WebLinkAboutCC Res 6781 2017-12-11RESOLUTION NUMBER 6781
' A RESOLUTION OF THE SEAL BEACH CITY COUNCIL
APPROVING THE MEASURE M2 EXPENDITURE REPORT FOR
THE CITY OF SEAL BEACH FOR FISCAL YEAR 2016/2017
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 for fiscal year 2016/2017,
attached hereto as Exhibit "A" and incorporated herein by this reference, 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.
Section 3. The City Manager shall cause the M2 Expenditure Report to be
submitted to the Orange County Transportation Authority no later than December
31, 2017.
PASSED, APPROVED AND ADOPTED by the Seal Beach City Council at a
regular meeting held on the 11th day of December, 2017 by the following vote:
AYES: Council Members: Massa - Lavitt, Deaton, Sustarsic, Moore, Varipapa
NOES: Council Members: None
ABSENT: Council Members: None
ABSTAIN: Council Members: None
?R' "ul' ` andra Massa - Lavitt, Mayor
ATT S
Robin L Roberts, City Clerk 3i =
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Robin L. Roberts, City Clerk of the City of Seal Beach, do hereby certify that
the foregoing resolution is the original copy of Resolution Number 6781 on file
in the office of the City Clerk,.passed, approved, and adopted by the City Council
at a regular meeting held on the 11th day of December '2017.
Robin L. Roberts, City Clerk
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