Loading...
Resolution No. 6821260 RESOLUTION NO. 6821 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, 2020 WHEREAS, local jurisdictions are required to meet eligibility requirements and submit eligibility verification packages to Orange County Transportation Authority (OCTA) in order to remain eligible to receive M2 funds. WHEREAS, local jurisdictions are required to adopt an annual M2 Expenditure Report as part of one of the eligibility requirements. WHEREAS, local jurisdictions are required to account for Net Revenues, developer/traffic impact fees, and funds expended by local jurisdiction in the Expenditure Report that satisfy the Maintenance of Effort requirements; and WHEREAS, the OCTA Board of Directors approved an amendment to the M2 Ordinance modifying the Maintenance of Effort requirements for Fiscal Year 2019-20 due to the COVID-19 pandemic; 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 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, 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, 2020 is in conformance with the M2 Expenditure Report Template provided in the 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, 2020 (Attachment 1 to this Resolution) 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, 2020. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 9th day of November, 2020. ATTEST: CITY Ch,ERK OF TH CITY OF CYPRESS MAYOR OF T : CITY OF CYPRESS 261 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, ALISHA FARNELL, 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 9th day of November, 2020 by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Berry, Morales, Peat, Yarc and Johnson NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CI LERK OF E CIT OF CYPRESS City of Cypress Attachment 1 M2 Expenditure Report Fiscal Year Ended June 30, 2020 Beginning and Ending Balances Schedule 1 262 Description Balances at Beginning of Fiscal Year A -M !Freeway Projects O Regional Capacity Program (RCP) P :Regional Traffic Signal Synchronization Program (RTSSP) Q ;Local Fair Share R :High Frequency, Metrolink Service S Transit Extensions to Metrolink T -Convert Metrolink Station(s) to Regional Gateways that connect Orange County with Hih-Speed Rail Systems u :-Senior Mobility Program or Senior Non -Emergency Medical Program V iCommunity Based Transit/Circulators W :Safe Transit Stops X Environmental Cleanup Program (Water Quality) :Other* Balances at Beginning of Fiscal Year Monies Made Available During Fiscal Year Total Monies Available (Sum Lines 13 & 14) Expenditures During Fiscal Year Balances at End of Fiscal Year A -M i Freeway Projects O Regional Capacity Program (RCP) P Regional Traffic Signal Synchronization Program (RTSSP) Q Local Fair Share R High Frequency Metrolink Service S Transit Extensions to Metrolink TConvert Metrolink Station(s) to Regional Gateways that connect Orange County with High -Speed Rail Systems u .Senior Mobility Program or Senior Non -Emergency Medical Program V Community Based Transit/Circulators W Safe Transit Stops X Environmental Cleanup Program (Water Quality) Other* Line No. Amount Interest 1111111111111.111111111111.11.1111.1111 1 2 3 4 5 6 7 8 9 10 11 12 1,235,878 53,543 13 14 15 1,289,421 2,986,300 34,189 4,275,721 34,189 m.....2,237,232 34,189 16 17 18 19 20 21 22 23 24 25 26 27 28 1,958,818 79,671 * Please provide a specific description City of Cypress M2 Expenditure Report Fiscal Year Ended June 30, 2020 Sources and Uses 263 Schedule 2 Other revenues and expenditures include: Road Maintenance and Rehabiliation Act revenue Gas Tax revenue from the State of CA $ 1,267,623 734,797 $ 2,002,420 Description Line No. Amount Interest Revenues: A -M Freeway Projects 0 1 $ $ - Regional Capacity Program (RCP) P 2 $ - $ - Regional Traffic Signal Synchronization Program (RTSSP) Local 3 $ - $ - Q Fair Share R High 4 $ 927,322 $ 32,857 Frequency Metrolink Service S Transit 5 $ - $ - Extensions to Metrolink 6 $ - $ - Convert Metrolink Station(s) to Regional Gateways that connect T Orange County with High -Speed Rail Systems 7 $ - $ - U Senior Mobility Program or Senior Non -Emergency Medical Program V 8 $ 56,558 $ 1,332 Community Based Transit/Circulators W 9 $ - $ - Safe Transit Stops X 10 $ - $ - Environmental Cleanup Program (Water Quality) Other* 11 $ - $ - 12 $ 2,002,420 $ - TOTAL REVENUES (Sum lines 1 to 12) 13 $ 2,986,300 $ 34,189 Expenditures: A -M Freeway Projects 14 0 Regional Ccity Prog!-am (RCP) 15 $ $ P Regional Traffic Signal Synchronization Program (RTSSP) 16 $ $ - Q Local Fair Share R 17 $ 204,381 $ 32,857 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 $ 30,431 $ 1,332 V Community Based Transit/Circulators 22 $ - $ - W Safe Transit Stops 23 $ - $ X Environmental Cleanup Program (Water Quality) Other* 24 $ $ 25 $ 2,002,420 $ - TOTAL EXPENDITURES (Sum lines 14 to 25) 26 $ 2,237,232 $ 34,189 TOTAL BALANCE (Subtract line 26 from 13) 27 749,068 $ Other revenues and expenditures include: Road Maintenance and Rehabiliation Act revenue Gas Tax revenue from the State of CA $ 1,267,623 734,797 $ 2,002,420 X < c Project A -M Environmental Cleanup Program (Water Quality) Community Based Transit/Circulators Safe Transit Stops Senior Mobility Program or Senior Non -Emergency Medical Program Transit Extensions to Metrolink Convert Metrolink Station(s) to Regional Gateways that connect Orange County with 'Local Fair Share High Frequency Metrolink Service Regional Capacity Program (RCP) Regional Traffic Signal Synchronization Program (RTSSP) Description Freeway Projects ZIN 0. uolSeuuNuo) Japan° asueofi GRAND TOTALS (Sum Lines 1, 10, 16, 17) Other Street Purpose Maintenance sieu&s sujeu 2USeaS AepaAO 8,5 0. I 0. 1 0 En* arT co an LT :,. vi uop!smb3v ACM p 1425 ,umpnAsuo)eoj 0 1 oa 5 I „ an 5 IQ ,12 ti4 1-• „ co 0. 0 UT VT Pedestrian Ways & Bikepaths cn _to 1 o i • co „ In 5 1-+ Ji• Y.' asnmpuedx3 o adAj 0 b" 0 g- 0 an. tn. An tr. ° an. • 5 0 0. SSDJOAD 40 A.10 City of Cypress M2 Expenditure Report Fiscal Year Ended June 30, 2020 Local Fair Share Project List PROJECT NAME AMOUNT EXPENDED ... Concrete and Sidewalk Rehabilitation Arterial Street Rehabilitation Upgrade Traffic Camera Infrastucture -...... $ .. 160,044 �..... 71,579 $.................___ 5,615 $ 237,238 265 Schedule 4 City of Cypress M2 Expenditure Report Fiscal Year Ended June 30, 2020 I hereby certify that: 266 Signature Page E?J All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of my knowledge; El 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; Lel The City of Cypress is aware of the State Controller's "Guidelines Relating to Gas Tax Expenditures for Cities and Counties", which is a guide for determining MOE Expenditures for M2 Eligibility purposes; El The City's Expenditure Report is in compliance with direction provided in the State Controller's "Guidelines Relating to Gas Tax Expenditures for Cities and Counties;" and Lel The City of Cypress has expended in this fiscal year an amount of local discretionary funds for streets and roads purposes at least equal to the level of its maintenance of effort requirement. Matt Burton November 2, 2020 Director of Finance (Print Name) Date Signature