CCDA Resolution No. 15-05 CITY OF TIGARD, OREGON
CITY CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 15- 5
A RESOLUTION TO ADOPT A SUPPLEMENTAL BUDGET AMENDMENT
TO THE FY 2016 CITY CENTER DEVELOPMENT AGENCY BUDGET
WHEREAS, the city acknowledges those items that were unknown at the time the FY 2016 Budget
was adopted;and
WHEREAS, the CCDA recognizes a total of$15,000 in additional requirements that are offset by
additional resources of equal amount.
NOW,THEREFORE, BE IT RESOLVED,by the Tigard City Center Development Agency that:
SECTION 1: The FY 2015-16 Budget is hereby amended as detailed in Exhibit A.
SECTION 2: This resolution is effective immediately upon passage.
PASSED: This 3 fh day of (0�D 6 r ) 2015.
1�14
Chair ity of Tigard
City Cefiter Development Agency
ATTEST:
G
Recorder—City of Tigard Ci enter Development Agency
CCDA Resolution No. 15- OS
Page 1
FY 2016 First Quarter Budget Supplemental Exhibit A
QICCDA0L Ash Avenue Dog Park-Capital Improvement Program
This request will carry forward 515,00(1 to F-'2016 to pay rernaining contract and internal expenses
associated with die relocation of the Ash Avenue Dog Park and demolition of the Zuber House.
As result,beginning fund balance in Urban Renewal Debt Service Fund will increase by
515,00(1 with an increase in transfers.Capital program expenditures within the Transportation CIP
Fund will increase by$15,000.
Fund I of 2 Adopted Revised
Budget Amendment Budget
Urban Renewal Debt Service Fund
Resources Beginning Fund Balance $ 170,697 $ 15,000 $ 185,697
Property Taxes S 397,792 S 397,792
Franchise Fees $ - S -
Licenses&Permits S - S -
Intergovernmental S - 5 -
Charges for Services S - 5 -
Fines&Forfeitures S S
Interest Earnings S 1,()(K) S 1,000
Miscellaneous S $ -
Other Financing Sources S $ -
Transfers In from Other Aired, S S
INK" Tn(,l Resourccc S 50),4h9 S 13,000 S 5S4,489
Requirements
Community Develupmrv( S
Community Seni es S S -
Policy and Administration S $ -
Public Work, S S
Program Expenditures Total $ $ $
Debt Ser%wc S 219,198 $ 219,198
Loans S - $ -
Work-In-Progress $ - $ -
Transfers to Other Funds S 175,300 S 15,000 S 190,300
Contingence S
Total Budget $ 394,498 $ 15,000 $ 409,498
Reserve For Future Expenditure $ 174,991 $ $ 174,991
lTn,d Rrqui ren.n(, S 569,489 S 15,(10() $ ;,4,489
Fund 2 of 2 Adopted R'.6"d
Budget .Amendment 19(dge(
Urban Renewal Capital Improvement Fund
Resources BeStinnittQ Fund Balance $ 445,700 5 445,700
Property Tues S - S
Franchise Fees S $ -
Licenses&Permits S - S
Intergovernmental S - S -
Charges for Services S 84,(1(X) S 84,000
Fines&Forfeitures S - S -
Interest Eammgs S - S -
Miscellaneous $ - 5 -
Other Financing Sources S S -
Transfers In from Other bunds S 175,3(H) S 15J)00 S 190-3(81
Total Resources $ 705,000 $ 15,000 $ 720,000
Requirements
Community Development S - 5
Community Services S - S -
Policy and Administration S S
Public Works S S
Program Expenditures Total $ $ $
Debt Service S - S -
Loans S S -
Work-In-Progress S 705,000 S 15,000 S 720,000
Transfers to Other Funds 5 $ -
Contingcnq S S
Total Budget $ 705,000 $ 15,000 5 720,000
Reserve For Future Expenditure $ $ $
7'mel Rcywreineni, S 70;,000 S 15,000 $ 720,000