RES-10746 M2 Expenditure Report MeasurementRESOLUTION NO. 10746
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE CONCERNING THE MEASURE
M2 EXPENDITURE REPORT FOR THE CITY OF
ORANGE.
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 ( "OCTA ") each year within six months of the end of the local
jurisdiciton's fiscal year to be eligible to receive Net Revenues as part of Measure M2 ; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Orange does hereby inform OCTA that:
1. The M2 Expenditure Report for the fiscal year ended June 30, 2013 is in
conformance with the M2 Expenditure Report Template provided in the Renewed Measure M
Eligibility Guidelines, and properly accounts for: Net Revenues including interest earned,
Expenditures during the fiscal year, and Balances at the end of fiscal year.
2. The M2 Expenditure Report is hereby adopted for the City of Orange.
3. The City of Orange Finance Director is hereby authorized to sign and submit the
Measure M2 Expenditure Report to OCTA for the fiscal year ending June 20, 2013.
ADOPTED this 26'' day of November, 2013
Teresa . Smith, Mayor, City of Orange
ATTEST:
Mary , City Clerk, C" range
I, MARY E. MURPHY, City Clerk of the City of Orange, California, do hereby certify
that the foregoing Resolution was duly and regularly adopted by the City Council of the City
of Orange at a regular meeting thereof held on the 26 day of November, 2013, by the
following vote:
AYES:COUNCIL MEMBERS:Alvarez, Whitaker, Smith, Murphy, Bilodeau
NOES:COUNCIL MEMBERS:None
ABSENT:COUNCIL MEMBERS:None
ABSTAIN:COUNCIL MEMBERS:None
Mary E. ,City Clerk, Orange
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