Resolution No. 6651330
RESOLUTION NO. 6651
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
EX OFFICIO BOARD OF DIRECTORS OF THE CYPRESS RECREATION AND
PARK DISTRICT, CONCERNING THE MEASURE M2 EXPENDITURE REPORT
FOR THE CITY OF CYPRESS FOR THE FISCAL YEAR ENDED JUNE 30, 2017
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 the local jurisdiction 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 (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 Measure
M2.
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE
CITY OF CYPRESS, CALIFORNIA, DOES HEREBY INFORM OCTA AS FOLLOWS:
SECTION 1. The M2 Expenditure Report for Fiscal Year Ended June 30, 2017 is in
conformance with the 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 the fiscal year.
SECTION 2. The M2 Expenditure Report for Fiscal Year Ended June 30, 2017 is
hereby adopted for the City of Cypress, California.
SECTION 3. The Director of Finance of the City of Cypress, California is hereby
authorized to sign and submit the Measure M2 Expenditure Report to OCTA for the Fiscal
Year Ended June 30, 2017.
PASSED AND ADOPTED by the City Council of the City of ypress at a regular
meeting held on the 13th day of November, 2017.
ATTEST:
tixx lOaaa,o1
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
AYOR OF THE CITY OF CYPRESS
I, DENISE BASHAM, 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 13th day of November, 2017, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Berry, Johnson, Yarc, Peat, and Morales
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS
City of Cypress
M2 Expenditure Report
Fiscal Year Ended June 30, 2017
Beginning and Ending Balances
Schedule 1331
Description
Line
No.
Amount
Interest
Balances at Beginning of Fiscal Year
A -M
Freeway Environmental Mitigation
1
$ -
$ -
0
Regional Capacity Program
2
$ -
$ -
P
Regional Traffic Signal Synchronization Program
3
$ -
$ -
Q
M2 Fair Share
4
$ 722,836
$ -
R
High Frequency Metrolink Service
5
$ -
$ -
S
Transit Extensions to Metrolink
6
$ -
$ -
T
Convert Metrolink Station(s) to Regional Gateways that
connect Orange County with High,Speed Rail Systems
7
$
$
Senior Mobility Program or Senior Non - Emergency Medical
8
$ 37,638
$ 322
Program
V
Community Based Transit /Circulators
9
$ -
$ -
W
Safe Transit Stops
10
$ -
$ -
X....,
Water Quality Program 1 .......................................................... .......................11.,.,..
$ (187,045)
$ -
Other*
12
$ -
$ -
Balances at Beginning of Fiscal Year (Sum Lines 1 to 12)
13
$
322
Monies Made Available During Fiscal Year
14
_,,,,573,.429_$.._.,.................,__
$ 1,054,714
$ 9,215
Total Monies Available (Sum Lines 13 & 14)
15
$ 1,628,143
$ 9,537
:Expenditures During Fiscal Year
16
$ 1,088,421
$ 9,537
Balances at End of Fiscal Year
A -M
Freeway Environmental Mitigation
17
$ -
$ -
0
Regional Capacity Program
18
$ -
$ -
P
Regional Traffic Signal Synchronization Program
19
$ -
$ -
Q
M2 Fair Share
20
$ 729,803
$ -
R
High Frequency Metrolink Service
21
$ -
$ -
S
Transit Extensions to Metrolink
22
$ -
$ -
T
Convert Metrolink Station(s) to Regional Gateways that
connect Orange County with High -Speed Rail Systems
23
$
$
Senior Mobility Program or Senior Non - Emergency Medical
24
$ 40,136
$
Program
V
Community Based Transit /Circulators
25
$ -
$ -
W
Safe Transit Stops
26
$ -
$ -
X
Water Quality Program
27
$ (230,217)
$ -
Other*
28
$ -
$ -
* Please provide a specific description
1 Prior year expenditures for Water Quality Program (Project X) expenditures previously identified as General
Fund costs because grant reimbursements were not received during FY 15 -16:
Proiect X Expenditures:
Proj 158: Automatic Retractable Screens - Phase 3
Proj 115: Bioswale & Modular Wetlands
$ 137,591
49,454
$ 187,045
City of Cypress
M2 Expenditure Report
Fiscal Year Ended June 30, 2017
Sources and Uses
332
Schedule 2
Description
tion
Line
No.
Amount
Interest
Revenues:
A -M
Freeway Environmental Mitigation
1
$ -
$ -
O
Regional Capacity Program
2
$ -
$ -
P
Regional Traffic Signal Synchronization Program
3
$ -
$ -
Q
M2 Fair Share
4 ..............................................
$ 865,771
...............................
$ 8,895
R
High Frequency Metrolink Service
5
$ -
$ -
S
Transit Extensions to Metrolink
-
T
Convert Metrolink Station(s) to Regional Gateways that connect
Orange County with High -Speed Rail Systems
7
$
$
U
Senior Mobility Program or Senior Non - Emergency Medical Program
8
$ 51,352
$ 320
V
Community Based Transit /Circulators
9
$ -
$ -
W
Safe Transit Stops
10
$ -
$ -
X
Water Quality Program
11
$ 137,591
$ -
Other*
12
$ -
$ -
TOTAL REVENUES (Sum lines 1 to 12)
13
$ 1,054,714
$ 9,215
Expenditures:
A -M
Freeway Environmental Mitigation
14
$ -
$ -
0
Regional Capacity Program
15
$ -
$ -
P
Regional Traffic Signal Synchronization Program
16
$ -
$ -
Q
M2 Fair Share
17
$ 858,804
$ 8,895
R
High Frequency Metrolink Service
18
$ -
$ -
S
Transit Extensions to Metrolink
19
-
T
Convert Metrolink Station(s) to Regional Gateways that connect
Orange County with High -Speed Rail Systems
20
$
$
U
Senior Mobility Program or Senior Non - Emergency Medical Program
21
$ 48,854
$ 642
V
Community Based Transit /Circulators
22
$ -
$ -
W
Safe Transit Stops
23
$ -
$ -
X
Water Quality Program
24
$ 180,763
$ -
Other*
25
$ _
TOTAL EXPENDITURES (Sum lines 14 to 25)
26
$ 1,088,421
$ 9,537
TOTAL BALANCE (Subtract line 26 from 13)
27
$ (33,707)
$ (322)
* Please provide a specific description
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*
x
W
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City of Cypress
Streets and Roads Detailed Use of Funds
TOTAL
$ 1,010,500
$ 450,000
M2 Fair Share
High Frequency Metrolink Service
$ 180,763
ry rvm
m m
1
in in in tril in in in
ry m
in in in
$ 8,144,888
Other'
n-
M >3xl
ry
r
H
ry
in
ie 2 ry
I
ih v.
$ 473,083
$ 760,999
1$1.,7P4,244
Other M2
Interest
�$ 642
Other M2'
h
$ 48,854
I $ 48,854
x
Interest
t
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H
(i(
I
Ill.
h
x
�
m
°m
°m
.
Interest
m
au
m
'
m
au
O
o
ao
ao
$ 858,804
P
Interest
d
i
O
Interest
+ Developer /
Impact Fees
G'
m
MOE'
o
o {e
w
tc
$ 1,576,552
$ 2,418,211
I5 5,200,817I
J z
m+ ..z
v' f. ..
.+
Type of Expenditure
Administration (Indirect & Overhead)
Construction & Right -of -Way
New Street Construction
Street Reconstruction
I roue .a.. ways n o repaun
Storm Drains
Storm Damage
oigm 01 way Acquisition
Total Construction & Right-of-Way
Maintenance
Patching
Overlay & Sealing
Street Lights & Traffic Signals
Storm Damage
Other Street Purpose Maintenance
Total Maintenance'
Other
i
0
E
n
c
z
g
a
Description
Freeway Environmental Mitigation
Regional Capacity Program
Regional Traffic Signal Synchronization Program
M2 Fair Share
High Frequency Metrolink Service
Transit Extensions to Metrolink
Convert Metrolink Station(s) to Regional Gateways that connect Orange County with
High -Speed Rail Systems
Senior Mobility Program or Senior Non - Emergency Medical Program
Community Based Transit /Circulators
Safe Transit Stops
Water Quality Program
Project
A -M
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n-
M >3xl
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m e
ea
n
ti
333
City of Cypress
M2 Expenditure Report
Fiscal Year Ended June 30, 2017
M2 Fair Share Project List
PROJECT NAME
AMOUNT EXPENDED
Residential Street Resurfacing Program (Annual)
360,000
Arterial Rehabilitation Program (Annual)
507,699
................,.................„.....,......................................................„.......,...........,.................,..........,....... .......
...................,.........,..............,...
.............................................................................,....................„.,........... ...... ...,...... ........ ...... ...... . ...... ....
.............................................„
,.......,...,.............................,...,...„.............. ........ „.................. ...... ................ ......... ......... ...... ...... ......... .......
..... .....,.,........................,..........
........................,......................,...... ..... ...................,...................,. ...... ..,.................................,....................
„.,„.............................,............
$ 867,699
Schedule 43 34
4
City of Cypress
M2 Expenditure Report
Fiscal Year Ended June 30, 2017
Signature Page3 35
I certify that the interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for
those purposes for which the Net Revenues were allocated and all the information attached herein is true and
accurate to the best of my knowledge:
Matt Burton
November 2, 2017
Director of Finance (Print Name) Date
Signature