Resolution 05-93 TIGARD WATER DISTRICT
RESOLUTION 5-93
A RESOLUTION OF THE TIGARD WATER DISTRICT BOARD OF
COMMISSIONERS, INITIATING PROCEEDINGS TO DISSOLVE THE DISTRICT
AND LIQUIDATE ALL ASSETS.
WHEREAS,the Board of Commissioners previously adopted Resolution 16-92
committing to work with the Cities of Tigard, King City and Durham to create an
intergovernmental agreement to form a Joint Water Agency; and
WHEREAS, the Cities of Tigard, King City and Durham and the unincorporated area
within the Tigard Water District have met with representatives of the Tigard Water
District over the past year; and
WHEREAS, creation of an agency comprised of the three cities is desired by the Cities of
Tigard, King City and Durham; and
WHEREAS, Tigard Water District is committed to a smooth transition so that the Joint
Water Agency will be created by July, 1993.
NOW, THEREFORE, the Tigard Water District resolves and finds as follows:
1. The best interests of the inhabitants of the District will be served by the creation of an
intergovernmental entity to deliver water services within the District. To accomplish
this objective, the Board of Commissioners hereby initiates the dissolution of the
District and the liquidation of the assets of the District through conveyance of the
assets to the new intergovernmental entity.
2. District staff is directed to prepare findings of fact for adoption by the Board with
respect to the following matters:
a. The amount of each outstanding bond, coupon and other indebtedness, with a
general description of the indebtedness and the name of the holder and owner of
each, if known.
b. A description of each parcel of real property and interest in real property and, if
the property was acquired for delinquent taxes or assessments, the amount of such
taxes and assessments on each parcel of property.
c. Uncollected taxes, assessments and charges levied by the District and the amount
upon each lot or tract of land.
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d. A description of the personal property and of all other assets of the District.
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e. The estimated costs of dissolution.
The findings shall be presented to the Board no later than Mav 25, 1993.
3. District staff is directed to prepare a plan of dissolution and liquidation and to present
the plan to the Board no later than Mav 25, 1993.
4. District staff is directed to continue negotiations with the Cities of Tigard, King City
and Durham regarding the provisions of an intergovernmental agreement for a joint
water agency.
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Chair of the Board
ATTEST:
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Aat nistrative Director Date d
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