Resolution No. 05-53 CITY OFTIGARD, OREGON
RESOLUTION NO. 05- 5.3
A RESOLUTION AUTHORIZING MTIP FUNDING FOR THE GREENBURG ROAD PROJECT
TO BE HELD IN RESERVE FOR A FUTURE CITY PROJECT
WHEREAS,the City has received federal funding for the Greenburg Road Improvement Project(Shady
Lane to Tiedeman Avenue)from the Metro MTIP (Metropolitan Transportation Improvement Program)
Priorities 2000,2002, and 2007-09 solicitation processes; and
WHEREAS,the total MTIP funding approved is $1,660,000; and
WHEREAS,the project originally estimated at$2,500,000 in 1999 is now estimated at$5,000,000; and
WHEREAS, the City's local match has increased from one-third of the total project cost to two-thirds
of the current estimated cost; and
WHEREAS, Council has directed that the project be redefined or downsized to ensure that the federal
funding contributes to a major share of the project cost; and
WHEREAS,Metro has agreed to consider placing the funds in a reserve account to be applied to a
future high priority project in the vicinity of the Washington Square Regional Center, Highway 99W
between the Tigard Town Center and the Regional Center, or the Tigard downtown area; and', .
WHEREAS,studies authorized in FY 2005-06.for the Highway 99W corridor and the Greeriburg
Road/Highway 99W intersection are expected to produce a list of high priority projects; and° .
WHEREAS, an appropriate project commensurate with the federal funding available can be selected from
the high priority projects identified through these studies.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION I: The placement of the MTIP Ruiding for the Greenburg Road Improvement Project in a
reserve account to be applied to a future high priority City project is hereby authorized.
SECTION 2: City staff is authorized to coordinate with Metro for the placement of these fiends in a
reserve account pending selection of a future project.
SECTION 3: This resolution is effective immediately upon passage.
RESOLUTION NO.—05-- S.3
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PASSED: TI-lis J day o S 2005.
Mayor-//City of Tigard
ATTEST:
ity Recorder- City of Tigard
I:LenglguslresolutlonA9-23-05 resolution authodzing mup fands for the greenburg rand project to be held In reserve.doo
RESOLUTION NO.—05
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