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CCDA Resolution No. 14-06 CITY OF TIGARD, OREGON CITY CENTER DEVELOPMENT AGENCY RESOLUTION NO. 14- 6 6 A RESOLUTION ADOPTING THE FISCAL YEAR 2014-2015 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 21, 2014 and April 28, 2014, 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 1,2014 was duly approved and recommended to the City Center Development Agency Board of Directors by the regularly constituted Budget Committee at its meeting on April 28, 2014,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 10, 2014, 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 2014-15 as approved by City Center Development Agency Board of Directors following the budget hearing on June 10,2014. SECTION 2: The amounts appropriated for each fund for the fiscal year beginning July 1,2014,are shown on the attached—Exhibit A Schedule of Appropriations as approved by Budget Committee on April 28,2014 with adjustments made by the City Center Development Agency Board of Directors during the hearing on June 10,2014, 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. PASSED: This���day of 2014. Chair 44ity of Tigard City C0iier Development Agency ATTEST: Recorder—City of Tigard City Cen r Development Agency RESOLUTION NO. 14-Q(� Page 1 EXHIBIT A - SCHEDULE OF APPROPRIATIONS Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Urban Renewal Debt Service Policy and Administration 0 0 0 0 0 Community Development 0 0 0 0 0 Community Services 0 0 0 0 0 Public Works 0 0 0 0 0 Debt Service 455,000 0 455,000 0 455,000 Loan to CCDA 0 0 0 0 0 Transfer 675,000 0 675,000 0 675,000 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 1,130,000 0 1,130,000 0 1,130,000 Urban Renewal Capital Improvements Policy and Administration 0 0 0 0 0 Community Development 0 0 0 0 0 Community Services 0 0 0 0 0 Public Works 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 929,000 0 929,000 0 929,000 Contingency 0 0 0 0 0 929,000 0 929,000 0 929,000 All Funds Policy and Administration 0 0 0 0 0 Community Development 0 0 0 0 0 Community Services 0 0 0 0 0 Public Works 0 0 0 0 0 Debt Service 455,000 0 455,000 0 455,000 Loan to CCDA 0 0 0 0 0 Transfer 675,000 0 675,000 0 675,000 Capital Improvements 929,000 0 929,000 0 929,000 Contingency 0 0 0 0 0 2,059,000 0 2,059,000 0 2,059,000