CCDA Resolution No. 12-01 CITY OF TIGARD, OREGON
CITY CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 12-0j
A RESOLUTION ADOPTING THE FISCAL YEAR 2012-2013 BUDGET, WITH ADJUSTMENTS,
MAKING APPROPRIATIONS,AND IMPOSING AND CATEGORIZING TAXES.
WHEREAS, a hearing by the City Center Development Agency Budget Committee on the budget document,
as proposed by the Executive Director, was held on April 23, 2012 and May 14, 2012, where all interested
persons were afforded an opportunity to appear and be heard with respect to the budget;and
WHEREAS, the budget for the City Center Development Agency for the year beginning July 1,2012 was duly
approved and recommended to the City Center Development Agency Board of Directors by the regularly
constituted Budget Committee at its meeting on May 14, 2012, after proceedings in accordance with Chapter
294,Oregon Revised Statutes;and
WHEREAS,a summary of the budget as required by Chapter 294.438 was duly published in the Tigard Times,
a newspaper of general circulation in the City in accordance with Chapter 294.448;and
WHEREAS,a hearing by the City Center Development Agency Board of Directors on the budget document as
approved by the Budget Committee,was duly called and held on June 12, 2012, where all interested persons
were afforded an opportunity to appear and be heard with respect to the budget.
NOW,THEREFORE,BE IT RESOLVED by the City Center Development Agency that:
SECTION 1: The City Center Development Agency Board of Directors adopts the budget for FY 2012-13
in the total approved budget amount of$1,192,000,with adjustments.
SECTION 2: Of the total budget amount of, the City Center Development Agency is appropriating
$990,000 as established as follows:
Urban Renewal Urban Renewal
Capital Project Fund Debt Service Fund
Operating Expenditures $ 0 $ 0
Capital Improvements $540,000 $ 0
Debt Service $ 0 $450,000
Total $540,000 $450,000
SECTION 3: The City Center Development Agency Board of Directors certifies to the county assessor of
the County of Washington, Oregon a request for the maximum amount of revenue that may
be raised by dividing the taxes under Section 1c,Articles IX of the Oregon Constitution and
ORS Chapter 457.
SECTION 4: This resolution is effective immediately upon passage.
RESOLUTION NO. 12-
Page 1
-.r-
PASSED: Thisdays of 2012.
7
ity Center Developi4ent Agency Clams - City of
Tigard 'Presjd i n3 13mx-d-
`i�l�2.tY1 I�.r
ATTEST:
ity Recorder-City of Tigard
RESOLUTION NO. 12-
Page 2