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CCDA Resolution No. 12-03 CITY OF TIGARD, OREGON CITY CENTER DEVELOPMENT AGENCY BOARD RESOLUTION NO. 12- C>5 A RESOLUTION TO ADOPT A SUPPLEMENTAL BUDGET AMENDMENT TO FY 2013 CITY CENTER DEVELOPMENT AGENCY BUDGET. WHEREAS, the City Center Development Agency board is acknowledging those items that were unknown at the time the FY 2013 Budget was adopted;and WHEREAS, the City Center Development Agency board recognizes a total of $42,000 in budgeted carry forward amounts into the existing budget;and WHEREAS, the City Center Development Agency board authorizes $40,000 to be used for the Fagade Improvement Program, and $2,000 to be spent on completion of the Downtown Marketing Implementation Plan. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Center Development Agency board that: SECTION 1: The FY 2012-13 Budget is hereby amended as detailed in Exhibit A. SECTION 2: This resolution is effective immediately upon passage. IkAPASSED: This �v day o 2012. Com-City Center Development gency rcc+o r ST: City Recorder-City of Tigard RESOLUTION NO. 12- 03 Page 1 City Center Development Agency Exhibit A FY 2013 First Qtr Supplemental Budget Amendment 1.Carryforward-City Center Development Agency(CCDA) Total carryforwards in the amount of$42,000 are being requested for CCDA.Unspent budget from the prior fiscal year will carryforward for the Fz�adc Improvement Program in the amount of$40,000 and$2,000 for completion of the Downtown Marketing Implementation Plan. Adopted Revised Budget Amendment Budget Urban Renewal CIP Resources Beginning Fund Balance $ 260,000 $ 42,000 $ 302,000 Property Taxes $ $ Franchise Fees $ $ Licenses&Permits $ - $ - Intergovernmental $ 280,000 S 280,000 Charges for Services $ - $ - Fines&Forfeitures S $ Interest Eamings $ S Miscellaneous $ Other Financing Sources S S Transfers In from Other Funds S S Total Resources $ 540,000 $ 42,000 $ 582,000 Requirements Policy and Administration S $ Community Development $ S Community Services S $ Public Works S $ Program Expenditures Total $ - $ - $ - Debt Service $ $ Loans S S - Work-In-Progress $ 540,000 $ 42,000 $ 582,000 Transfers to Other Funds S - S - Contingency $ - S - Total Budget $ 540,000 $ 42,000 $ 582,000 Reserve For Future Expenditure $ - $ - $ - Total Requirements $ 540,000 $ 42,000 $ 582,000 1