Resolution No. 01-57 • V
CITY OF TIGARD,OREGON
RESOLUTION NO.01-5rJ
A RESOLUTION APPROVING BUDGET AMENDMENT #6 TO THE FY 2001-02 BUDGET TO
TRANSFER FUNDS FROM CONTINGENCY TO MAKE A CONTRIBUTION TO COMMUNITY
PARTNERS FOR AFFORDABLE HOUSING FOR THE VILLAGE AT WASHINGTON SQUARE
PROJECT.
WHEREAS,Community Partners for Affordable Housing(CPAH)owns and operate-s low income housing
within the City of Tigard,and
WHEREAS,CPAH is in the process of building an affordable housing project,to be known as the Village
at Washington Square,and
WHEREAS, CPAH has paid for various building and development fees in conjunction with this project,
and
WHEREAS, on April 10,2001,the City of Tigard raised its Parks Systems Development Charge(SDC),
which cost the Village at Washington Square project an additional$8,000,and
WHEREAS,CPAH had not anticipated this increased fee,and
WHEREAS, the City of Tigard Vision Statement and 2001 Council Goals include the encouragement of
affordable housing projects within the City of Tigard,and
WHEREAS,the City Council has determined that it is appropriate for the City to reimburse CPAH for the
increased Parks SDC fees paid.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2001-02 Adopted Budget of the City of Tigard is hereby amended as shown in
Attachment A to this resolution.
SECTION 2: This resolution is effective immediately upon passage.
es
PASSED: This�day of Q� 001.
1�ayot-Zi@y 0gard
ATTEST:
City Recorder-City of Tigard
RESOLUTION NO.01-f7
Page 1
Attachment A
FY 2001-02
Budget Amendment#6
FY 2001-02 Amendgment F RevO is2
Budget #6 Budget
General Fund
Resources
Total $22,922,016 $0 $22,922,016
Requirements
Community Service Program 9,065,313 8,000 9,073,313
Public Works Program 2,374,907 2,374,907
Development Services Program 2,532,431 2,532,431
Policy&Administration Program 398,345 398,345
General Government 0 0
Program Expenditures Total $14,370,996 $8,000 $14,378,996
Debt Service $0 $0
Capital Improvements $410,000 $410,000
Transfers to Other Funds $3,661,011 $3,661,011
Contingency $987,393 ($8,000) $979,393
Total Requirements $19,429,400 $0 $19,429,400
Ending Fund Balance 3,492,616 3,492,616
Grand Total $22,922,016 $0 $22,922,016
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