HomeMy WebLinkAboutCC RES 18-90RESOLUTION NO. 18-90
_ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA, THE ANNUAL MEASURE M2 FAIRSHARE EXPENDITURE
REPORT FOR FISCAL YEAR 2017-2018
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 eligible jurisdictions 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 part of Measure M2.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Tustin,
does hereby inform Orange County Transportation Authority that:
a) The Measure M2 Expenditure Report is in conformance with the Measure 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.
b) The Measure M2 Expenditure Report is hereby adopted for the City of Tustin.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Tustin, California, held on the 4th day of December, 2018.
,C,04n " -
ELWYN A. MURRAY,
Mayor
Resolution 18-90
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ATTEST:
4_ J
ERICA N. YASUDA,
City Clerk
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
I, Erica N. Yasuda, City Clerk and ex -officio Clerk of the City Council of the City of Tustin,
California, do hereby certify that the whole number of the members of the City Council of
the City of Tustin is five; that the above and foregoing Resolution No. 18-90 was duly
passed and adopted at a regular meeting of the Tustin City Council, held on the 4th day
of December, 2018, by the following vote:
COUNCILMEMBER AYES: Murray, Gomez, Bernstein, Puckett, Clark (5)
COUNCILMEMBER NOES: (0)
COUNCILMEMBER ABSTAINED: (0)
COUNCILMEMBER ABSENT: (0)
ERICA N. YASUD ,
City Clerk
Resolution 18-90
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