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Resolution No. 96-13 s r* � t City of Tigard,Oregon a, ti Resolution 96-.13 t, A RESOLUTION ADJUSTING THE 1995/96 BUDGET FOR THE METRO GREENSPACES ALLOCATION FOR PARK ACQUISITION AND IMPROVEMENT AND ESTABLISHING A FUND. 1 2'r Whereas,voters approved the Metro Greenspaces bond measure in May 1995,and t S Whereas,the measure included an allocation to local governments to be spent on specific types of park ..,„ facilities,and ' Whereas, Tigard's share of the allocation is $758,000 which is to be reimbursed as eligible expenditures are made and which amount was not included in the 1995196 budget. a 3 NOW THEREFORE,BE IT RESOLVED by the Tigard City Council that: Section 1: A fund is established to be known as the Metro Greenspace Fund This fund will exist until s all funds from the City allocation have been spent. y Section 2: Revenue shall be recognized in the amount of$758,000 in the Metro Greensp es Fund. r Section 3: Appropriations are approved for capital projects in this fund in the amount of$758,000. Yr, PASSED: This jaday of �yy')�i� 1996. l ^> or-City of Tigard rt ATTEST: City Recorder-City of Tigard k wkheaMy02-29-96 4:15 p m , �sT a.4 ...a t zr