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Resolution No. 23-62
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RESOUTION NO. 23-62
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, CONCERNING
THE MEASURE M2 (M2) EXPENDITURE REPORT FOR THE CITY OF TUSTIN, CALIFORNIA
WHEREAS, local jurisdictions are required to meet eligibility requirements and submit
eligibility verification packages to the Orange County Transportation Authority (OCTA) in order to
remain eligible to receive M2 funds; and
WHEREAS, local jurisdictions are required to adopt an annual M2 Expenditure Report as
part of one of the eligibility requirements; and
WHEREAS, local jurisdictions are required to account for Net Revenues, developer/traffic
impact fees, and funds expended by local jurisdiction in the M2 Expenditure Report that satisfy
the Maintenance of Effort requirements; and
WHEREAS, the M2 Expenditure Report shall include all Net Revenue fund balances,
interest earned and expenditures identified by type and program or project; and
WHEREAS, the M2 Expenditure Report must be adopted and submitted to the OCTA 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 M2.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUSTIN DOES
RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS:
a)The M2 Expenditure Report is in conformance with the template provided in the Measure
M2 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 M2 Expenditure Report is hereby adopted by the City of Tustin, California.
c)The City of Tustin Finance Director is hereby authorized to sign and submit the M2
Expenditure Report to OCTA for the fiscal year ending June 30, 2023.
DocuSign Envelope ID: B22061A9-C86F-4C1F-80E6-F56537BA5DBE
PASSED AND ADOPTED at a regular meeting of the City Council held on
the 5th day of December 2023.
_________________________________
AUSTIN LUMBARD,
Mayor
ATTEST:
_______________________________
ERICA N. YASUDA,
City Clerk
APPROVED AS TO FORM:
________________________________
DAVID E. KENDIG,
City Attorney
___________________
Resolution No. 23-62
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DocuSign Envelope ID: B22061A9-C86F-4C1F-80E6-F56537BA5DBE
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Resolution 23-62
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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. 23-62 was duly
passed and adopted at a regular meeting of the Tustin City Council, held on the 5th day of
December, 2023, by the following vote:
Lumbard, Clark, Gallagher, Gomez, Schnell___________________________________(5)
___________________________________(0)
___________________________________(0)
_________________________________(__0)
(0)
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
COUNCILMEMBER RECUSED:
_______________________________
ERICA N. YASUDA,
City Clerk
DocuSign Envelope ID: B22061A9-C86F-4C1F-80E6-F56537BA5DBE