Resolution No. 4200409
RESOLUTION NO. 4200
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
CERTIFYING THAT THE CITY OF CYPRESS SHALL COMPLY WITH THE
MAINTENANCE OF EFFORT REQUIREMENTS FOR FISCAL YEAR 1993 -94 AS
ESTABLISHED BY MEASURE M AND THE ORANGE COUNTY
TRANSPORTATION AUTHORITY
WHEREAS, on November 6, 1990, Orange County voters approved Measure M - the
Revised Traffic Improvement and Growth Management Ordinance - which provides funding
to Orange County for needed transportation improvements over a twenty -year period
through the imposition of a half cent retail transaction and use tax; and
WHEREAS, portions of the monies received from the new sales tax revenue will be
returned to Orange County jurisdictions for use of local and regional transportation
improvements, subject to the jurisdictions acquisition and retention of an eligible status for
such Measure M revenues; and
WHEREAS, in order to receive local street maintenance and improvement funds
from the Orange County Transportation Authority, a jurisdiction must comply with the
Countywide Growth Management Program component requirements; and
WHEREAS, the City of Cypress desires to fulfill the eligibility requirements to receive
Measure M "turnback" funds as established by the Orange County Transportation Authority;
and
WHEREAS, in compliance with the requirements of the Measure M program, the
City of Cypress commits to continued compliance with the Maintenance of Effort and
demonstrate a minimum level of local streets and roads expenditures for Fiscal Year 1993-
94; and
WHEREAS, the City of Cypress met the Maintenance of Effort requirements for
Fiscal Years 1991 -92 and 1992 -93 and shall include with their Measure M submittal a
statement that it is planning to spend the benchmark dollar figure on transportation
improvements and submit sections from their adopted Fiscal Year 1993 -94 budget which
document these expenditures to maintain compliance with the Measure M program.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS DOES
FIND, DETERMINE AND RESOLVE AS FOLLOWS:
Section 1. That the City of Cypress hereby certifies that it shall comply with the
Maintenance of Effort requirements as established by Measure M and shall submit this
resolution to the Orange County Transportation Authority to demonstrate the City's
commitment to satisfying the requirements and insure continued receipt of Measure M
"turnback" funds.
Section 2. The City of Cypress shall submit its adopted Fiscal Year 1993 -94 budget
to the Orange County Transportation Authority to document transportation improvement
expenditures and maintain compliance with the Measure M program.
PASSED AND ADOPTED by the City Council of the City of Cypress at a regular
meeting held on the 14th day of June, 1993.
MAYOR OF THLXITY OF CYPRESS
ATTEST:
CITY CLER 4e# IDE CITY OF CYPRESS
410
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY
that the foregoing Resolution was duly adopted at a regular meeting of the said City Council
held on the 14th day of June, 1993, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Age, Bowman, Nicholson, Partin
NOES: 0 COUNCIL MEMBERS: None and Kerry
ABSENT: 0 COUNCIL MEMBERS: None
2
CLERK OF 'IE CITY OF CYPRESS