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Resolution No. 06-03 CITY OF TIGARD, OREGON RESOLUTION NO. 06- Q3 A RESOLUTION APPROVING THE SUBMITTAL OF TIS CITY OF TIGARD'S PROPOSED GREENSPACE AND TRAIL PROJECTS FOR INCLUSION IN METRO'S NATURAL AREAS BOND MEASURE 2006 WHEREAS, Metro Council proposes to submit to the voters of the dist ict the question of contracting a general obligation bond indebtedness of$220 nvllion;and WHEREAS, approximately $165 million will be used by Metro for acquisition of regionally signigicant river:and stream corridors,headwaters,wildlife areas,other natural areas and trail corridors;and WHEREAS,approximately$44 million will be available to local park providers;and WHEREAS, the City of Tigard's estimated pro rata share of the local parr provider fiuiding is $1,326,780;and WI-IEREAS, the City of Tigard is currently working to acquire park and greenway property inside the Tigard city limits and urban services area;and WHERAS, the City of Tigard has developed a list of potential parr and greenway acquisition properties and is currently negotiating with prop ert r owners;and WHEREAS, the City of Tigard plaits to use its share of the bond revenues to match park system development charge {SDC) funds;and WHEREAS, the City of Tigard's list of potential projects must be approved by the City Council and delievered to Metro no later than March 1,2006;and WHEREAS, the Tigard Park and Recreation Advisory Board has reviewed and approved the potential projects at their JanuatT 9,2006,meeting;and WHEREAS,the measure will be placed on the November 7,2006,ballot. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION I. The City of Tigard supports Metro's natural area bond measure 2006. SECTION 2. The City of Tigard recommends following two projects be funded from Metro's $165 million share of the bond revenues allocated for acquisition of regionally significant river and stream corridors, headwaters, wildlife areas, other natural areas and trail corridors: Construction of a new 1,600-foot segment of the Fanno Creek Trail on Property cuuendy owned by Metro and operated by the City of Tigard. RESOLUTION NO. 06 -03 Page 1 • Acquisition of park/greenway land located in the Regional Fanno Creek Greenway. SECTION 3. The Cit)r of Tigard declares its portion of the $4-4 trillion will be used to purchase properties identified in the list of potential park and gteenway acquisitions currently being negotiated with property owners. SECTION 4. The City of Tigard requests Metra award Tigard local park provider fanding beyond its pro rata share,which would allow the city to leverage rxnore SDC snatching funds. SECTION 5. This resolution is effective uiu-nediately upon passage. PASSED: This day of a U Cts' 2006. ayo -City of Tigard ATTEST: CitSr Recorder- CitSr of Tigard 1Aadm%packet lca=0124lmetm bond measure ma mvtsed.doo RESOLUTION NO. 06 - 03 Page 2