HomeMy WebLinkAboutCC RES 25-73Docusign Envelope ID: 0613E4E6-2E40-4798-9FB1-170065EC8F85
RESOLUTION NO. 25-73
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.
that:
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Tustin
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, California Finance Director is hereby authorized to sign and
submit the M2 Expenditure Report to OCTA for the fiscal year ending June 30,
2025.
APPROVED AND ADOPTED at a regular meeting of the City Council of the City
of Tustin on the 2nd day of December 2025.
Signed by:
AU trNFUUMBARD,
Mayor
Resolution 25-73
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Docusign Envelope ID: 0613E4E6-2E40-4798-9FB1-170065EC8F85
ATTEST: DS
FSigned dby:
ItV'iCa a.SVJ a roe
ERtADff.O AVJDA,
City Clerk
APPROVED AS TO FORM:
F
cuSigned by:
Z'79
DA F3 EMIG,
City Attorney
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 is
five; that the above and foregoing Resolution No. 25-73 was duly and regularly passed
and adopted at a regular meeting of the City Council held on the 2nd day of December,
2025 by the following vote:
COUNCILMEMBER AYES: Lumbard, Nielsen, Gallagher, Schnell, Fink (5)
COUNCILMEMBER NOES: (0)
COUNCILMEMBER ABSTAINED: (0)
COUNCILMEMBER ABSENT: (0)
COUNCILMEMBER RECUSED: (0)
Signed dby: os
FffV'i(& a.SuJa
ERtADN.'41 ASU DA,
City Clerk
Resolution 25-73
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