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RES-9414 Sustaining Level of Expenditures for Transporation PurposesRESOLUTION NO. 9414 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE CERTIFYING THE CITY WILL SUSTAIN ITS LEVEL OF EXPENDITURES FOR TRANSPORTATION PURPOSES. WHEREAS, AB 2928, known as the Transportation Congestion Relief Funds, provides approximately $1 billion directly to cities and counties for preservation, maintenance and rehabilitation of the local street and road system; and WHEREAS, the City of Orange is in receipt of$922,330 for fiscal year 2000-2001; and WHEREAS, use of these funds imposes a Maintenance of Effort (MOE) provision ( per Government Code Section 14556.26) which requires cities to maintain their current level of general fund expenditures for transportation purposes; and WHEREAS, the formula is calculated on the average over the last three years ( 1996-97,1997-98 and 1998-99) of city expenditures from the general fund for street, road and highway purposes;NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange will sustain its level of general fund expenditures for transportation purposes in compliance with Government Code Section 14556.26.ADOPTED this 13th day of February, 2001.Reso. No. 9414 Prepared By: DPW - TE Typed By: P. Then 10 R- ATTEST: I 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 13th day of February, 2001, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: SLATER. ALVAREZ, MAYOR MURPHY, COONTZ NONE NONE NONE Cassandra J. Cathc , City Clerk ofthe City of Orange Reso. No. 9414 Prepared By: DPW - TETyped By: P. Then o R-9414 (N:\Admin\thenp)