huntington beach banner
File #: 18-101    Version: 1
Type: Consent Calendar Status: Passed
File created: 6/4/2018 In control: City Council/Public Financing Authority
On agenda: 6/18/2018 Final action: 6/18/2018
Title: Adopt Resolution No. 2018-35 concerning the status and update of the Pavement Management Plan (PMP) for the Measure M2 (M2) Program
Attachments: 1. Att #1 - Resolution 2018-35, 2. Att #2 - PMP
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Fred A. Wilson, City Manager

PREPARED BY: Travis K. Hopkins, PE, Director of Public Works

Subject:
title
Adopt Resolution No. 2018-35 concerning the status and update of the Pavement Management Plan (PMP) for the Measure M2 (M2) Program
body

Statement of Issue:
In order to remain eligible to receive Measure M2 Program funding, the City must submit the adopted resolution and updated Pavement Management Plan (PMP) to the Orange County Transportation Authority (OCTA) by June 29, 2018.

Financial Impact:
No additional funding is required for this resolution. The annual M2 local fair-share allocation is approximately $3.4 million for the City.

Recommended Action:
recommendation
Adopt Resolution No. 2018-35, "A Resolution of the City Council of the City of Huntington Beach Concerning the Status and Update of the Pavement Management Plan for the Measure M2 (M2) Program."
end

Alternative Action(s):
Do not adopt the resolution and forego M2 funding eligibility. This action would result in the loss of $3.4 million for the next fiscal year, and the loss of allocated and potential grant funding for traffic and street improvement projects.

Analysis:
M2 is a 30-year, multi-billion dollar program extension of the original Measure M (1991-2011). M2 funds are generated from the transactions for use tax, plus an interest on earnings. Net revenues may be allocated to local jurisdictions for a variety of programs identified in Ordinance No. 3. The Orange County Transportation Authority (OCTA) determines if a local jurisdiction is eligible to receive M2 fair-share and competitive funds.
The City must satisfy certain requirements to maintain eligibility in order to receive funding from OCTA. A key requirement is that the City provide an updated Pavement Management Plan (PMP) that manages the preservation, rehabilitation, and maintenance of paved roads by analyzing ...

Click here for full text