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Resolution No. 08-74 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL SOLUTION NO. 08- 7y SOLUTION AUTHORIZING THE CITY MANAGER TO SIGN AN INTERGOVERMENTAL AGREEMENT WITH METRO AND TRIMET TO FUND REDEVELOPMENT FEASIBILITY STUDY OF THE TIGARD TRANSIT CENTER SITE WHEREAS,it-riplementing the Downtown Urban Renewal flan is a goal of the Tigard City Council;and WHEREAS,Metro, TriMet and the City have an interest in promoting transit oriented development in Town Centers and such a development could serve as a catalyst for development in Downtown Tigard;and WHEREAS, an Intergovernmental Agreement will commit the three parties to explore the feasibility of redeveloping the Tigard Transit Center into a imi ed use transit-oriented development; and WHEREAS,an Intergovernmental Agreementwill commit`t for Metro and the City to jointly fund the study. NOW,"I H pREFORE,BE IT RESOLVE D by the Tigard City Council that: SECTION T: The Tigard City Council hereby authorizes the City Manager to sign an Intergovernmental Agreement with Metro and TriMct to fund a redevelopment feasibility study of the Tigard Transit Center. SECTION 2: This resolution is effective immediately upon passage.. X PASSED: This day of ' "�''�--2008. ayCity of Tigard ATTEST: City Recorder-City of Tigard RESOLUTION NO. 08- 7 Pagel