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RES-2014-210 RESOLUTION NO. 2014-210 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM ADOPTING THE MEASURE M2 EXPENDITURE REPORT AND AUTHORIZING THE CITY OF ANAHEIM FINANCE DIRECTOR TO SIGN AND SUBMIT THE EXPENDITURE REPORT TO THE ORANGE COUNTY TRANSPORTATION AUTHORITY ON BEHALF OF THE CITY OF ANAHEIM. WHEREAS, Orange County Transportation Autharity ("OCTA") Local Transportation Authority Ordinance No. 3, "Renewed Measure M Transportation Ordinance and Investment Plan," requires local jurisdictions to adopt an annual Expenditure Report to account for Net Revenues, developer/traffic impact fees, and funds expended by local jurisdiction with respect to transportation improvements; and WHEREAS, the Expenditure Report includes 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 OCTA each year within six months of the end of the City of Anaheim's (the "City") fiscal year to be eligible to receive Net Revenues as part of Measure M2. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that: a) The Measure M2 Expenditure Report is in conformance with the Measure 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 fiscal year. b) The Measure M2 Expenditure Report is hereby adopted by the City of Anaheim. c) The City of Anaheim Finance Directar is hereby authorized and directed to sign and submit the Measure M2 Expenditure Report to OCTA on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 23rd day of December, 2014, by the following roll call vote: AYES: Mayor Tait, Council Members Murray, Brandman, Kring and Vanderbilt NOES: None ABSENT: None ABSTAIN: None CITY O AHEIM �'_ (�----- MA OR OF THE C TY OF ANAHEIM ATTE : CITY CLERK OF THE CITY OF NAHEIM 98862.2/bmorley I