CCDA Resolution No. 14-01 CITY OF TIGARD,OREGON
CITY CENTER DEVELOPMENT AGENCY
RESOLUTION NO.14- O I
A RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR OF THE CITY
CENTER DEVELOPMENT AGENCY TO NEGOTIATE VOLUNTARY PROPERTY
ACQUISITIONS SUBJECT TO CCDA BOARD OVERSIGHT AND CONDITIONS
WHEREAS, ORS 457.170(3) authorizes the City Center Development Agency (CCDA) to
acquire real property pursuant to its approved urban renewal plan;and
WHEREAS, the City Center Urban Renewal Plan dated December 6, 2005 provides that real
property acquisitions shall be done through voluntary negotiations with property owners;and
WHEREAS, such acquisitions frequently require extensive negotiations involving relatively
complex or technical terms and conditions of purchase and sale. At the same time, flexibility and
timeliness often are essential to successful negotiation;and
WHEREAS, it is critical that the Board of the CCDA, be kept fully informed regarding such
negotiations and that the ultimate decision on whether to purchase the property be made after due
consideration by the Board of the CCDA in a public meeting.
NOW,THEREFORE,BE IT RESOLVED by the Board of the City Center Development Agency
that:
SECTION 1: The Executive Director of the City Center Development Agency hereby
is authorized to negotiate and execute such documents as may be
necessary to acquire real property,including but not limited to purchase
and sale agreements,provided that:
1. Prior to executing a purchase and sale agreement or other similar
document, the Executive Director has informed the Board of the
CCDA of the status of the negotiations,including key terms and
conditions pursuant to as provided in ORS 192.660(2)(e) or as
otherwise provided by law,
2. The purchase and sale agreement executed by the Executive Director
at a minimum contains an express contingency clause providing that
the CCDA retains absolute discretion to determine whether the
property is suitable for CCDA's intended use prior to closing,
3. The Director places the executed agreement on the agenda of the
CCDA for review by the public and a formal Board of the CCDA
decision in a public meeting prior to closing.
SECTION 2: This resolution is effective immediately upon passage.
RESOLUTION NO. 14- D I
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PASSED: This day ofA�12014.
Cha' City of Tigard
City Center Development Agency
ATTEST:
City Recorder
City of Tigard City Center Development Agency
RESOLUTION NO. 14- 61
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