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Resolution No. 77-66 CITY OF TIGARD, OREGON RESOLUTION No. 77-6.6 A RESOLUTION OF THE TIGARD CITY COUNCIL EXPRESSING LACK OF SUPPORT FOR THE PROPOSED WASHINGTON COUNTY REAL ESTATE TRANSFER TAX IN ITS PRESENT FORM. WHEREAS, Washington County has proposed to adopt a real estate transfer tax which would be applicable upon all property transfers within Washington County including incorporated cities; and WHEREAS, the City of Tigard has previously established its intention to provide adequate financing through a systems development charge and a real estate transfer tax; and WHEREAS, the Tigard City Council has determined a real estate transfer tax to be imposed by the City of Tigard on transactions occuring within the city limits should be put before the Tigard voters; and WHEREAS, the adoption of a real estate transfer tax by Washington County would have a negative effect upon the City of Tigard in that it is not proposed by the County to share any of the revenues so generated and the imposition of two real estate transfer taxes, one by the County and one by the City, would appear to be not equitable, and hence would effectively preclude action by the City of Tigard to resolve some of its financial dilemmas. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Tigard that: Section 1: The City of Tigard hereby opposes the adoption of a real estate transfer tax by the Washington County Commissioners in its presently proposed form. Section 2: City of Tigard recommends to the Washington County Commissioners that the proposed real estate transfer tax be modifiza to incorporate either one of the following two provisions: 1. That a sharing of the revenue derived from the real estate tax be accomplished with each incorporated city in Washington County; or 2. The proposed real estate transfer tax not be collected for real estate tra.isfers which occur within incorporated city limits. PASSED: This 1L day of , 1977. Mayor - City of Tigard ATTEST: �3 ,, Recorder Cityo igard RESOLUTION No. 77-_