CCDA Resolution No. 15-04 CITY OF TIGARD, OREGON
CITY CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 15-O j/
A RESOLUTION ADOPTING THE FISCAL YEAR 2015-2016 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 May 4,2015,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 1,2015 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 4, 2015, 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 9,2015,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
hatSECTION 1: The City Center Development Agency Board of Directors adopts the budget for FY 2015-16
as approved by City Center Development Agency Board of Directors following the budget
hearing on June 9,2015.
SECTION 2: The amounts appropriated for each fund for the fiscal year beginning July 1,2015,are shown
on the attached—Exhibit A Schedule of Appropriations as approved by Budget Committee
on May 4, 2015 with adjustments made by the City Center Development Agency Board of
Directors during the hearing on June 9,2015.
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 q'�h day of ,2015.
Chair ity of Tigard
City CcMter Development Agency
ATTEST:
Recorder—City of Tigard City Ceqter Development Agency
RESOLUTION NO. 15-0 Y
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 278,498 -59,300 219,198 0 219,198
Loan to CCDA 0 0 0 0 0
Transfer 116,000 59,300 175,300 0 175,300
Capital Improvements 0 0 0 0 0
Contingency 0 0 0 0 0
394,498 0 394,498 0 394,498
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 200,000 505,000 705,000 0 705,000
Contingency 0 0 0 0 0
200,000 505,000 705,000 0 705,000
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 278,498 -59,300 219,198 0 219,198
Loan to CCDA 0 0 0 0 0
Transfer 116,000 59,300 175,300 0 175,300
Capital Improvements 200,000 505,000 705,000 0 705,000
Contingency 0 0 0 0 0
594,498 505,000 1,099,498 0 1,099,498