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06/09/2021 - Agenda City of Tigard 41- Town Center Advisory Commission Agenda MEETING DATE/TIME: June 9, 2021 — 6:30 to 8:30 p.m. MEETING INFORMATION:Members Remote via MS Teams Public— (971) 256-0577, PIN = 13125# Email comments to Sean@tigard-or.gov 1. CALL TO ORDER Ryan 6:30 2. CONSIDER MINUTES Ryan 6:35 3. CALL FOR NON-AGENDA ITEMS Ryan 6:40 4. PUBLIC COMMENT All 6:45 5. FOLLOW UP FROM PREVIOUS MEETING Sean 6:50 6. MAIN STREET GREEN STREET PH. 2 UPDATE Andrew Newbury 6:55 7. TCDA BUDGET UPDATE Sean 7:25 8. SUBSTANTIAL AMENDMENT UPDATE Sean 7:35 9. CITY CENTER 5-YEAR WORKPLAN OVERVIEW Sean 7:40 10. DOWNTOWN PARKING Sean and Derrick 7:55 11. SUBCOMMITTEE UPDATES Ryan 8:10 12. NON-AGENDA ITEMS All 8:20 13. ADJOURN MEETING Ryan 8:30 *EXECUTIVE SESSION:The Town Center Advisory Commission may go into Executive Session to discuss real property transaction negotiations under ORS 192.660(2) (e).All discussions are confidential and those present may disclose nothing from the Session.Representatives of the news media are allowed to attend Executive Sessions,as provided by ORS 192.660(4),but must not disclose any information discussed.No Executive Session may be held for the purpose of taking any final action or making any final decision.Executive Sessions are closed to the public. Upcoming meetings of note: Related websites and information: Wednesday,July 14,6:30 p.m.,Regular TCAC Meeting Tigard Urban Renewal Tigard Construction Updates The City of Tigard tries to make all reasonable modifications to ensure that people with disabilities have an equal opportunity to participate equally in all city meetings. Upon request,the city will do its best to arrange for the following services/equipment: • Assistive listening devices. • Qualified sign language interpreters. • Qualified bilingual interpreters. Because the city may need to hire outside service providers or arrange for specialized equipment,those requesting services/equipment should do so as far in advance as possible,but no later than 3 city work days prior to the meeting. To make a request, call 503-718-2481 voice or 503-684-2772 DD-Telecommunications Devices for the Dea . City of Tigard 1 13125 SW Hall Blvd.,Tigard,OR 97223 1 503-639-4171 1 www.tigard-or.gov I Page 1 oft CITY OF TIGARD TOWN CENTER ADVISORY COMMISSION Meeting Minutes May 12, 2021 Members Present: Scott Hancock (Vice Chair), Renette Hier,Hemendra Mathur, Kris Mitchell (Alternate),Tom Murphy,Tim Myshak, Kate Rogers, Elise Shearer, and Chris Sjolin. Members Absent: Chris Cach (Alternate),Adrian Hinckley, Ryan Ruggiero (Chair),Justin Watson (Ex Officio), and Derrick Wright. Staff Present: Redevelopment Project Manager Sean Farrelly, and Sr. Administrative Specialist Joe Patton. Others Present: TCAC Council Liaison John Goodhouse, and Proud Ground Homeownership Program Director Katie Ullrich. 1. CALL TO ORDER Vice Chair Hancock called the meeting to order at 6:30 pm. The meeting was held remotely using MS Teams with a call-in number provided for the public. 2. CONSIDER MINUTES The April 14, 2021 TCAC Minutes were unanimously approved. 3. CALL FOR NON-AGENDA ITEMS Scott has an item. 4. PUBLIC COMMENT—N/A 5. FOLLOW UP FROM PREVIOUS MEETINGS —N/A 6. PROUD GROUND BRIEFING Katie Ullrich gave a presentation on Proud Ground including a background and how their home ownership program works. Homeowners own the house and Proud Ground owns the land ensuring it stays affordable for future homeowners. The house is required to be sold to another Proud Ground qualified buyer. Once initial funding is assembled, often from public sources, the Proud Ground model is self-sufficient and will not require additional investment. Proud Ground offers a variety of services to help buyers including education. Buyers become voting members of Proud Ground. Katie provided a comparison between renting, traditional mortgage and the Proud Ground model. Buyers are required to upkeep the home and land. They estimate seven households will own the house during its lifetime. Discussions are taking place on how to bring Proud Ground projects to Tigard. 7. DOWNTOWN PARKING Sean briefly reviewed a parking study from 2018. A new study will take place once COVID impacts have diminished to have a better idea of parking utilization. This topic will be discussed at the June meeting as well. Page 1 of 2 TOWN CENTER ADVISORY COMMISSION May 12, 2021 8. PROJECT UPDATES Sean briefly discussed the updates included with the Agenda. 9. SUBSTANTIAL AMENDMENT UPDATE Sean has made presentations on the substantial amendment to six Tigard Boards and Committees as well has an online meeting with the Chamber of Commerce. The ballots are due May 18. 10. SUBCOMMITTEE UPDATES The Affordable Housing Subcommittee was thanked for requesting the Proud Ground speaker. The Connectivity and Transit Subcommittee reported that the Red Rock Creek trail extension across Hwy. 99W will be complicated and may cross at SW 64'. The new light at the SW 72"intersection is not active yet. 11. NON-AGENDA ITEMS A. Scott noted the Leadership Tigard program through the Chamber of Commerce has a new class starting in the fall. The program helps develop leadership in the Tigard community. 12. ADJOURN BUSINESS MEETING The meeting adjourned at 8:00 pm. 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I1 r TIGARD , L ■ FY 2021 -2022 INFORMATION PAGE Town Center Development Agency City of Tigard Fiscal Year 2021-2022 Proposed Budget TOWN CENTER DEVELOPMENT AGENCY BUDGET COMMITTEE Chris Bence Mayor Jason Snider Timothy Cadman Councilor John Goodhouse Siobhan Chandler Councilor Heidi Lueb Jim Knowlton Councilor Liz Newton Kristine Mitchell Councilor Jeanette Shaw Leah Voit TOWN CENTER DEVELOPMENT AGENCY BOARD Jason Snider,Chair John Goodhouse Liz Newton Heidi Lueb Jeanette Shaw EXECUTIVE DIRECTOR Steve Rymer COMMUNITY DEVELOPMENT DIRECTOR Kenny Asher REDEVELOPMENT PROJECT MANAGER Sean Farrelly FINANCE and INFORMATION SERVICES DIRECTOR Toby LaFrance TCDA City of Tigard 13125 SW Hall Blvd. Tigard,OR 97223 TC DA - 1 FY 2021 -2022 BUDGET MESSAGE ! � Town Center Development Agency TCDA BUDGET MESSAGE Town Center Development Agency Members,Budget Committee Members,and the Tigard Community, I am pleased to present the Fiscal Year 2021-22(FY22)budget for the Town Center Development Agency(TCDA),Tigard's tax increment financing(TIF)agency.In the past year,the world has been responding to the significant impacts of COVID-19 on every aspect of life.Job and business lasses have created hardships for many.As of early April,there are signs of optimism as vaccines became more widely available. The TCDA,working with stakeholders,oversees the implementation of the voter-approved Tigard Triangle and the City Center Urban Renewal Plans.The primary funding source for the identified plan projects is tax increment financing.When each district was established,the assessed valuation of the district was frozen. Property taxes collected on any growth in assessed value above the frozen base,(called the tax increment),go to the TCDA to fund approved urban renewal projects.The districts also leverage grant resources that contribute to redevelopment efforts. The TCDA plays a key role in implementing several priorities of the Strategic Plan including: Funding for new streets,sidewalks, pedestrian safety projects and trails ArAr■:■® ► Building new parks and public space ► Support for mixed-use development and local businesses ► Offering development assistance for affordable housing Tigard's City Center Urban Renewal District(generally universal the area bordered by Pacific Highway, Fanno Creek Park, piaZa N and Hall Blvd.)is approaching the sixteenth anniversary - of its approval by voters in 2006.Although modestly ` sized in area and in terms of debt capacity,there were several notable accomplishments in Fiscal Year 2020-21 (FY21).A major milestone was reached in the sale of the Main Street at Fanno Creek property to developers who will build a mixed-use building on a highly visible former Brownfield site.The Agency completed demolition of Ail i 71 the future Universal Plaza site.Substantial progress was made on design and engineering of the plaza and temporary art installations;seating and trees were installed to showcase potential future uses.The City Artist rendering of Universal Plaza TCDA - 2 FY 2021 -2022 BUDGET MESSAGE executed a disposition and development agreement with an affordable housing developer for the Senior Housing Alongside the Tigard Senior Center project to construct 50 plus affordable apartments on leased city property. The Agency also completed the City Center Futures j r project.That led to the City Council decision to ask for ] � voter approval of an amendment to increase the plan's maximum indebtedness to complete additional projects. - K The city's newer TIF District in Looking ahead to FY22 in the City Center,design and 0the Tigard Triangle(generally engineering will be completed for Universal Plaza and a trail the area bounded by 1-5, Hwy connection to the Fanno Creek Trail.Construction would ♦® ©j 217,and Pacific Highway),saw begin in early 2022. Main Street Green Street Phase 2, j accelerating development. In which will finish the street improvements from the railroad keeping with the community- tracks to Scoffins Street,will be constructed in summer led priorities of"A New Tigard 2021.Ground breaking for the Senior Housing Alongside the Triangle: Planning for Equitable Development,"affordable Tigard Senior Center and the Main Street at Fanno Creek housing was a major focus. Red Rock Creek Commons, mixed-use projects is also expected in FY22. which received the district's first allocation of TIF funds, started leasing 48 affordable apartments.Construction In the Triangle, both affordable and market rate of the 81-affordable unit Viewfinder building is nearing developments will be completed or continue construction. completion.The Agency awarded a pre-development grant An alignment study for the Red Rock Creek Trail will for another affordable project,with additional projects commence to plan for an important recreation and being planned. Several other market rate mixed-use, transportation facility. The Agency will prioritize acquiring residential,and commercial projects are in various stages parkland to serve the several hundred new residents who of construction,development and/or planning.The Agency will move to the Triangle in the next 2-3 years. completed the second phase of the Metro grant-funded "A New Tigard Triangle: Planning for Equitable Development" Tigard's redevelopment efforts benefit from the time and project,which resulted in several infrastructure concepts. commitment of volunteers who serve on the The TCDA Board accepted the document as a guide to implement the Triangle Urban Renewal Plan. Town Center Advisory Commission and the Tigard Down- town Alliance.We look forward to continued progress in the Red Rock Creek Commons affordable upcoming year thanks to these partnerships. housing development,the first project to receive Tigard Triangle TIF funding. Respectfully submitted L Steve Rymer,Executive Director Town Center Development Agency TC DA - 3 URBAN RENEWAL DISTRICT MAP CITY CENTER w L� ? w > xa ¢ a' ti N iE K C, w 4 ? m m Q a w C. F a a � x w 3E.0�CTS 99W fo z PWq�ST z SO TANGELACT Q Cn w ZmA O q rO v� , 4 � GOA. 6 k P ~ 'C' w 10 ��P `(�. 0 0 Sp G WES STATION& TRANSITCENTER A r p �c�F�27�sr � eG�yti ,p0 9 C" sr v oOP OP- TJGARO C(TV HALL J / un m G J R` fp•\' H J VARNS S7 o C NA G w Fr 9AAfi� FIR 5T w�r6N 0"<%, ln- Tigard - UH Pubhc N!` C p Library JUy CMARA ST REGINA LN OD ST Via�iN h1� Ilp City Centel SEA VERTON PORT N T�GARMAPS Urban Renewal District I,I x v y TIG F L E OS EGO DATASOURCES: _ ciry of ryam City of Tigard,Oregon MW'e maw W 9 y a _ TTIN City Center Urban Renewal District a _ _ U. A DISCLAIMER: Thi—p.as tlerivetl fmm sertval databases. Tlie City rannd xcept responsibility fu any errors_ The ir,icy arenowafur—forpp p t d Haxerer,any nNiflcation of errors is appreciatetl. Scale a GREENSWARD Miles - ¢ 0 25 5 z INF7.ST TCDA - 4 CITY CENTER URBAN RENEWAL /AREA FACTS District Formation Date.......................................................................................................May 2006 DistrictSize (acres)......................................................................................................................228.96 District Tax Lot Area (acres):.......................................................................................................185.6 District Right-of-Way Area (acres)...........................................................................................43.36 Base Assessed Value ....................................................................................................$117,522,911 Assessed Value (projected FY 2022) .......................................................................$179,164,000 Annual Taxes Levied (projected FY 2022)......................................................................$697,000 Maximum Debt Limit:...................................................................................................... $22,000,000 DebtIssued (2006-2021):............................................................................................... $10,395,574 Remaining Debt Limit (2021)....................................................................................... $11,604,426 Principal Debt Outstanding (2021) ...............................................................................$6,445,432 TC DA - 5 URBAN RENEWAL DISTRICT MAP TIGARD TRIANGLE M plc KiN5s7 1ON �a LOCUST ST .r STI' Q 226 w 6 m MAPLELEAF ST } ? ll x OF- f U I f x ❑ r PAS '¢ OAK ST ❑ �ESY �u it i LC' A59�VD CA rJ- P/pOL HWY As>irc--reek ST CD A005T —f LUCILLE CT �� THORN ST r �� r w}.� VACUNA ST STEVE ST ? w Q� NORTH DAKOTA w r Pnrrland Community S� college-sylut ru Cs LOM w M HAINES ST yL Q 99W BAYLOR ST O GWyTHER LN yG x CLINTON ST a 9 .. U F3y� �% rMOUT N STQ G KRUSE RlDGpE DR LFLl SPINOSA 0 C ti /.� Q Rtl:roP C7 w m ELM HURST ST a ¢} BOY POIN$ CO O I pSO WAY C SCREEK pR Fa, WESSTATlONZPi� (f` 1 T FRANKLIN ST© N -cn �87 PO TAANWCENTER ROSALIA WAY Iw- j SOUTHWOOD DR w Q GONZAGA ST L . JY �R R HAMPTON ST gF- Ook Creek O HU l' Elementary T1GAItD d PAMELAS� SIRd- - - r K DR arYHAL / r MELROSE ST pEtyTON DR VARNS STj 1J, D o j ry DR 42 0 m Tigard FIR ST Q ,, ulvl _ r O J Public am OMARA 57 Q®brory. A CY _ SANgb 0 t 2 EDGEWOOp s7 GST b � � o © CHAR CT Q m Q KRUSE WAY COLONY CREEK CT Y LANDMARK LN P m t FAt"'O Ci ��ro trJ MEADOWS RO GREENSWARD US �... Tigard TriangleaEAVERro PORT N TlGARD Urban Renewal District I BONIT w tT _ TIG AR LA E 05 EGO SOURCES: city of Tqa City of Tigaid,Oregon immirrnin9mrtC—ly d _ �. CARDINA �-TUA ATlN Tigard Triangle Urban Renewal District pLSCLAIMER: Tnismapwas rlenvea from—d-hams mbilirye Q The Cityrannd xcepl resporeibility for art/mora Therefom,tMre are no wartanties forfls pmtluri �- REDWpOo However.anvnorR�tion orertore is appreciated. - Scale O Miles .. a a 0 2.5 5 D KABLE LIN _ HARRINGTON AVE 2m File Leration:11192.1681092151GI5_Projec[slFlS�mjeclsl2020llnlemal Map Reg—es Stere M,glTTtAi_8SX11. TCDA - 6 TIGARD TRIANGLE URBAN RENEWAL AREA FACTS District Formation Date.......................................................................................................May 2017 DistrictSize (acres)........................................................................................................................ 547.9 DistrictTax Lot Area (acres):....................................................................................................383.04 District Right-of-Way Area (acres).........................................................................................164.86 Base Assessed Value .....................................................................................................$424,744,405 Assessed Value (projected 2022) .............................................................................$503,920,000 Annual taxes levied (projected 2022)..............................................................................$798,000 Maximum Debt Limit:....................................................................................................$188,000,000 Debt Issued (projected 2021)..........................................................................................$8,587,869 Remaining Debt Limit (projected 2021).................................................................$179,412,131 Principal Debt Outstanding (projected 2021)...........................................................$8,228,869 TC DA - 7 CITY CENTER CAPITAL IMPROVEMENTS FY 2019 FY 2020 2021 2022 Proposed vs Description Actual Actual Revised Proposed FY 21 Revised 40000-Beginning Fund Balance 32,956 147,167 5,093,500 2,312,600 -54.6% Total Beginning Fund Balance 32,956 147,167 5,093,500 2,312,600 -54.6% 44800-Federal Grants 4,349 0 0 0 0.0°o Total Intergovernmental 4,349 0 0 0 0.0% 45320-Rental Income 107,371 54,202 4 0 0.0% Total Charges for Services 107,371 54,202 0 0 0.0% 47000-Interest Earnings 50 0 0 0 0.0% Total Interest Earnings 50 0 0 0 0.0% 48001-Recovered Expenditures 2,440 217 0 0 0.0% 48003-Asset Sale Proceeds 0 0 0 0 0.0% Total Miscellaneous 2,440 217 0 0 0.0% 49001-Debt Proceeds 0 5,929,000 0 0 0.0% Total Other Financing Sources 0 5,929,000 0 0 0.0% 49425-Transfer In from Parks SDC Fund 0 0 2,000,000 1,571,000 -21.5% 49930-Transfer In from Urban Renewal Debt Svc Fund 187,706 0 412,000 730,000 772% Total Transfers In 187,706 0 2,412,000 2,301,000 -4.6% Total Resources 334,873 6,130,585 7,505,500 4,613,600 -385% Program Expenditures TCDA 130,563 159,039 411,900 213,000 -47.8% Total Program Expenditures 130,583 159,039 411,900 215,000 -47.8% Total Work in Progress 57,124 1,235,423 4,781,000 4,373,000 -8.5°l Total Budget 4,58B4O00 -11.6% Reserve for Future Expense 147,167 4,736,124 2,312,600 25,600 -98.9% Total Requirements 334,873 6,130,585 7,505,500 4,613,600 -38.5% TCDA - 8 TIGARD TRIANGLE CAPITAL IMPROVEMENTS FY 2019 FY 2020 2021 2022 Proposed vs Description Actual Actual Revised Proposed FY 21 Revised 40000-Beginning Fund Balance 0 0 0 0 0.0°o Total Beginning Fund Balance 0 0 0 0 0.01/. 44501-Intergovernmental Revenue 193,273 116,596 0 0 0.0°6 Total Intergovernmental 193,273 116,596 0 0 0.0°'o 49935-Transfer In from Tigard Triangle Debt Svc Fund 0 359,000 8,481,900 5,163,500 -39.1°o Total Transfers In 0 359,000 8,481,900 5,163,500 -39.11'o Total Resources 193,273 475,596 8,481,900 5,163,500 -39.1% Program Expenditures ICDA 193,273 475,596 2,181,900 2,190,000 0.4% Total Program Expenditures 193,273 475,596 2,181,900 2,190,000 0.4% Total Transfers Out 0 0 0 2,973,500 100.0°o Total Work in Progress 0 0 6,300,000 0 -100.0°o Total Budget 193,273 475,596 8,481,900 5,163,500 -39.10/ Reserve for Future Expense 0 0 0 0 0.0". Total Requirements 193,273 475,596 8,481,900 5,163,500 -39.10/. TCDA - 9 CITY CENTER URBAN RENEWAL DEBT SERVICE FY 2019 FY 2020 2021 2022 Proposed vs Description Actual Actual Revised Proposed FY 21 Revised 40000-Beginning Fund Balance 438,822 629,311 566,100 625,175 10.4° Total Beginning Fund Balance 438,822 629,311 566,100 625,175 10.4° 40100-Current Property Taxes 508,118 583,473 590,000 697,000 18.11/. 40101-Prior Year Property Taxes 12,932 3,338 0 0 0.0% Total Taxes 521,050 586,810 590,000 697,000 18.11/o 47000-Interest Earnings 16,132 10,844 11,100 8,325 -25.0% Total Interest Earnings 16,132 10,844 11,100 8,325 -25.0°/ Total Resources 976,004 1,226,966 1,167,200 1,330,500 14.0°/ Program Expenditures P1OQL,11I1 Expenditures 0 4 0 0 0.0% Total Debt Service 158,986 920,276 130,025 425,025 226.9° Total Transfers Out 187,706 0 412,000 730,000 77.2% 920,276 542,025 1,155,025 Ending Fund Balance 629,311 306,689 625,175 175,475 -71.9% Total Requirements 976,0 226,966 1,167 200 1330,500 TCDA - 10 TIGARD TRIANGLE DEBT SERVICE FY 2019 FY 2020 2021 2022 Proposed vs Description Actual Actual Revised Proposed FY 21 Revised 40000-Beginning Fund Balance 0 0 84,000 52,100 -38.0% Total Beginning Fund Balance 0 0 84,000 52,100 -38.01/6 40100-Current Property Taxes 0 460,685 450,000 798,000 77.3% 40101-Prior Year Property Taxes 0 0 0 0 0.01/6 Total Taxes 0 460,685 450,000 798,000 77.33/ 47000-Interest Earnings 0 3,345 0 0 0.0% Total Interest Earnings 0 3,345 0 0 0.01/6 49001-Debt Proceeds 0 0 8,000,000 8,000,000 0.01/6 Total Other Financing Sources 0 0 8,000,000 8,000,000 0.01/6 Total Resources 0 464,030 8,534,000 8,850,100 3.7% Program Expenditures Program Expenditures 0 0 0 0 0.0% Total Debt Service 0 0 0 5,600 100.0% Total Transfers Out 0 0 8,481,900 5,163,500 -39.1% Total Budget 0 0 8, Ending Fund Balance 0 464,030 x2,100 3,681,000 6965.3% Total Requirements 0 464,030 8,534,000 8,850,1 TCDA - 11 FY 2021 -2022 TOWN CENTER DEVELOPMENT AGENCY PROJECTS City Center UR Projects City Center UR Plan Project Proposed Purpose/benefit FY21-22 Budget Universal Plaza E.2 Public Spaces:Plazas Design,permitting and construction of a large public gathering space. Includes$1.57M p $3,405,000 from Parks SDC Fund.CIP 92059. Fanno Creek Trail connection to D.I.Parks:Fanno Creek Park $515,000 Design,permitting and construction of trail connecting Fanno Creek Trail to Universal Universal Plaza Improvements Plaza. CIP 97029 Completion of Main Street Green Street:street and sidewalk reconstruction, Main St Green St Retrofit(Phase 2) B.1.Streetscape Improvements $453,000 pedestrian safety,landscaping,streetlights and amenities.CIP 97017.Total project budget is$4.4M. TCDA will be contributing another$580,000 in FY 23. Total City Center Capital Improvement Projects $4,373,000 City Center UR Programs City Center UR Plan Project Purpose/benefit FY2Proposed 1-22 Budget G.I.Planning and Development Development Opportunity Studies Assistance: $50,000 Planning/analysisfnr new housing and mixed use redevelopment in the Downtown Rehabilitation/Redev. Grant/Loan Program G.I.Planning and Development Matching grants to property and business owners for facade and tenant improvements UR Improvement Grants Assistance: $75,000 have strengthened participating businesses and improved downtown's position as a Rehabilitation/Redev. walkable commercial district. Grant/Loan Program Administration Plan Administration $90,000 Administrative costs associated with implementation of Plan Total City Center UR Programs $215,000 Total City Center UR Expenditures I I $4,588,000 Triangle Capital Improvement Projects Triangle UR Plan Project Proposed Purpose/benefit FY21-22 Budget Acquiring property for parks,such as splash pads,nature play areas,skate parks,pocket Park Acquisitions C.Public Spaces,Facilities,and $2,973,500 parks,linear parks,and neighborhood parks;greenways,such as along Red Rock Creek. Installations This amount will be transferred to COT Parks Capital Fund.Total CIP amount is$3.8M including$826,500 of remaining Park Bond proceeds.CIP 97028. Total Triangle Capital Improvement Projects $2,973,500 Triangle UR Programs Proposed FY21-22 Budget Affordable Housing Development Fund D.Re/Development Assistance Fund to contribute to the area's diversity and vitality by providing pre-development and and Partnerships $1,000,000 assistance to affordable housing projects. Business Opportunity Fund D.Re/Development Assistance $100,000 Fund to contribute to the Area's diversity and vitality by providing assistance to new and and Partnerships existing businesses and housing developments,including facade and improvement grants Development Assistance D.Re/Development Assistance $1,000,000 Previously approved development assistance for the Overland(72nd/Dartmouth)mixed and Partnerships use. Possibly due FY23. Administration E.Plan Administration $90,000 Administrative costs associated with implementation of Plan Total Triangle UR Programs $2,190,000 Total Triangle UR Expenditures I $5,163,500 TCDA - 12 City Center TIF District Worplan 2021-2025 A) ENCOURAGE AND FACILITATE REDEVELOPMENT PROJECTS DOWNTOWN Public Facilities Description 2021 2022 2023 2024 2025 1st Half 2nd Half 1st Half 2nd Half A.1 Public Works Site(Civic Center and Parking) Construct new consolidated city facility,including parking structure* A.2 Redevelop Current Civic Center Site ammEg for redevelopment of exisitng Civic Center campus into * A.3 Main St.at Fanno redevelopment Continue DDA implementation until construction completion A.5 Other Property Acquisitions,Public-Private Prioritize key sites and residential and transit-oriented Partnerships development and consider PPP and/or property acquisition A.6 Public Parking Facilities Complete parking study and update parking management Evaluate additional opportunities to provide public parking in Downtown area. .PlanninR and Development Assistance A.10 Rehab/Redev.Grant/Loan Program Implement Improvement grant program A.12 Technical Assistance Program Consider opportunities for development opportunity studies A.13 Affordable Housing Assistance Housing Alongside Senior Center parking management plan Coordinate DDA with NHA leading to construction Seek additional partnerships to construct affordable housing A.14 Downtown Reimagined(Update Downtown Project kick-off Zoning) Public meetings and plan development Council adoption of development code amendments *pending voter approval in 2022 B) IMPROVE FANNO CREEK PARK AND DEVELOP AN OPEN SPACE SYSTEM IN DOWNTOWN 2021 2022 2023 2024 2025 Parks Description 1st Half 2nd Half 1st Half 2nd Half 3.2 Nick Wilson Overlook Design and engineering Construction Public Spaces B.3 Universal Plaza,including Fanno Creek path Select CM/GC connector Complete land use and construction drawings Construction of UP Phase 1 and path connector C) DEVELOP COMPREHENSIVE STREET AND CIRCULATION IMPROVEMENTS DOWNTOWN 2021 2022 2023 2024 2025 Street Improvements Description 1st Half 2nd Half 1st Half 2nd Half C.3 Implement Downtown Connectivity Plan Evaluate opportunites to build new streets through ublic rivate artnershi s Streetscape Improvements C.5 Main Street Green Street Phase II Complete Design and engineering Construction C.6 lCommercial Street Design for streetscape improvements Bike/Pedestrian Facilities C.17 Tigard Heritage Trail-South Feasability study for continuation of Tigard Heritage Trail from Main Street south to Hall Blvd