TCDA Resolution No. 18-04 CITY OF TIGARD, OREGON
TOWN CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 18-d q
A RESOLUTION ADOPTING THE FISCAL YEAR 2018-2019 BUDGET, WITH ADJUSTMENTS,
MAKING APPROPRIATIONS,AND IMPOSING AND CATEGORIZING TAXES.
WHEREAS, one hearing by the Town Center Development Agency Budget Committee on the budget
document, as proposed by the City Manager, was duly called and held on May 7, 2018, where all interested
persons were afforded an opportunity to appear and be heard with respect to the budget;and
WHEREAS, the budget for the Town Center Development Agency for the year beginning July 1, 2018 was
duly approved and recommended to the Town Center Development Agency Board of Directors by the
regularly constituted Budget Committee at its meeting on May 7, 2018, 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 Town Center Development Agency Board of Directors on the budget document
as approved by the Budget Committee,was duly called and held on June 26, 2018,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 Town Center Development Agency Board of Directors
that:
SECTION 1: The Town Center Development Agency Board of Directors adopts the budget for FY 2018-
19 as approved by Town Center Development Agency Board of Directors following the
budget hearing on June 26,2018.
SECTION 2: The amounts appropriated for each fund for the fiscal year beginning July 1,2018,are shown
on the attached – Exhibit A Schedule of Appropriations as approved by Budget Committee
on May 7, 2018 with adjustments made by Town Center Development Agency Board of
Directors during the hearing on June 26,2018.
SECTION 3: The Town 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,
4*1
PASSED: This Z day of ct. 18—
Ch City of Tigard
Town Center Development Agency
ATTEST:
City Recorder-City of Tigard ToA Center Development Agency
RESOLUTION NO. 18-O Lj
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 162,552 0 162,552 0 162,552
Loan to TCDA 0 0 0 0 0
Transfer 306,000 0 306,000 0 306,000
Capital Improvements 0 0 0 0 0
Contingency 0 0 0 0 0
468,552 0 468,552 0 468,552
Tigard Triangle 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 0 0 0 0 0
Loan to TCDA 0 0 0 0 0
Transfer 350,950 0 350,950 0 350,950
Capital Improvements 0 0 0 0 0
Contingency 0 0 0 0 0
350,950 0 350,950 0 350,950
Urban Renewal Capital Improvements
Policy and Administration 0 0 0 0 0
Community Development 144,950 0 144,950 0 144,950
Community Services 0 0 0 0 0
Public Works 0 0 0 0 0
Debt Service 0 0 0 0 0
Loan to TCDA 0 0 0 0 0
Transfer 0 0 0 0 0
Capital Improvements 256,000 0 256,000 0 256,000
Contingency 0 0 0 0 0
TCDA 0 0 0 0 0
400,950 0 400,950 0 400,950
EXHIBIT A - SCHEDULE OF APPROPRIATIONS
Budget
Committee Council
Fund Program Proposed Changes Approved Changes Adopted
Tigard Triangle Capital Improvement Fund
Policy and Administration 0 0 0 0 0
Community Development 690,196 0 690,196 0 690,196
Community Services 0 0 0 0 0
Public Works 0 0 0 0 0
Debt Service 0 0 0 0 0
Loan to TCDA 0 0 0 0 0
Transfer 0 0 0 0 0
Capital Improvements 1,000 0 1,000 0 1,000
Contingency 0 0 0 0 0
691,196 0 691,196 0 691,196
All Funds
Policy and Administration 0 0 0 0 0
Community Development 835,146 0 835,146 0 835,146
Community Services 0 0 0 0 0
Public Works 0 0 0 0 0
Debt Service 162,552 0 162,552 0 162,552
Loan to TCDA 0 0 0 0 0
Transfer 656,950 0 656,950 0 656,950
Capital Improvements 257,000 0 257,000 0 257,000
Contingency 0 0 0 0 0
TCDA 0 0 0 0 0
1,911,648 0 1,911,648 0 1,911,648