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02/08/2023 - Agenda City of Tigard | 13125 SW Hall Blvd., Tigard, OR 97223 | 503-639-4171 | www.tigard-or.gov | Page 1 of 2 City of Tigard Town Center Advisory Commission Agenda MEETING DATE/TIME: February 8, 2023 – 6:00 to 8:00 p.m. (Business meeting) MEETING INFORMATION: Hybrid Meeting In-person: Tigard Town Hall, 13125 SW Hall Blvd. or MS Teams: https://www.tigard-or.gov/home/showpublisheddocument/1949/637770827974830260 1. CALL TO ORDER Tom 6:00 2. CONSIDER MINUTES Tom 6:05 3. CALL FOR NON-AGENDA ITEMS Tom 6:10 4. PUBLIC COMMENT Tom 6:15 5. FOLLOW UP FROM PREVIOUS MEETING Tom 6:20 6. TRANSPORTATION PROJECTS IN TIF DISTRICTS Dave Roth, Sr. Transp. Planner 6:25 7. TCDA JOINT MEETING RECAP Tom 6:45 8. ADOPT 2023 TCAC GOALS Tom 6:50 Action Item 9. FORMATION OF AREAS OF EMPHASIS GROUPS/DISCUSS GOAL KPI’S Tom 6:55 10. NICK WILSON MEMORIAL PLAZA DISCUSSION Sean 7:05 11. TCDA BUILDING IMPROVEMNT GRANT DISCUSSION Sean 7:15 12. APPOINTMENT OF LIAISONS Tom 7:20 13. NON-AGENDA ITEMS All 7:25 14. ADJOURN BUSINESS MEETING Chair 7:30 15. EXECUTIVE SESSION 7:30-8:00 *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. TOWN CENTER ADVISORY COMMISSION AGENDA City of Tigard | 13125 SW Hall Blvd., Tigard, OR 97223 | 503-639-4171 | www.tigard-or.gov | Page 2 of 2 Upcoming meetings of note: Tues., February 14, 6:30 p.m. TCDA Meeting (TIF 101) Wed., Mar. 8, 6:00 p.m., Regular TCAC Meeting Related websites and information: Tigard TIF Districts 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 (TDD- Telecommunications Devices for the Deaf). Page 1 of 2 CITY OF TIGARD TOWN CENTER ADVISORY COMMISSION Meeting Minutes January 11, 2023 Members Present: Travis Diskin, Scott Hancock (Vice Chair), Renette Hier, Tom Murphy (Chair), Mandy Sharp, Elise Shearer, Bob Tomasovic, Gabe Velasquez (Alternate), and Justin Watson (Ex Officio). Members Absent: Adrian Hinckley, Chris Sjolin, and Derrick Wright. Staff Present: Redevelopment Project Manager Sean Farrelly, and Sr. Administrative Specialist Joe Patton. Others Present: N/A 1. CALL TO ORDER Chair Murphy called the meeting to order at 6:15 pm. The meeting was held in Town Hall with a hybrid MS Teams option. 2. CONSIDER MINUTES The December 14, 2022, TCAC Minutes were unanimously approved. 3. CALL FOR NON-AGENDA ITEMS – N/A 4. PUBLIC COMMENT – N/A 5. FOLLOW UP FROM PREVIOUS MEETINGS – N/A 6. MAIN STREET GREEN STREET PHASE 2 Andy gave a brief update on the project. He noted that the temperature needs to be at least 45 degrees in order to pave, so the weather has caused some delay. Once the paving is done the striping takes place and the signs get installed. 7. FY23-24 BUDGET PRIORITIES Seam briefly reviewed the draft budget emailed to Commissioners. He moted the Building Improvement Grant amounts were increased in both Districts. The line item for downtown wayfinding sign design was of concern. Sean will talk to a couple firms to see if the amount seems reasonable. Commissioners agreed to leave the amount unchanged. 8. BUILDING IMPROVEMENT GRANT JOINT COMMITTEE NEW MEMBERS Sean noted the need for two Commissioners to serve on the joint Building Improvement Grant committee. Gabe and Mandy volunteered. 9. NON-AGENDA ITEMS – N/A TOWN CENTER ADVISORY COMMISSION January 11, 2023 Page 2 of 2 10. NOMINATIONS AND OFFICER ELECTIONS No further nominations were made. Commissioner Murphy was unanimously reelected as Chair and Commissioner Hinckley was unanimously elected Vice Chair. 11. ADJOURN BUSINESS MEETING The meeting adjourned at 7:20 pm. Joe Patton, TCAC Meeting Secretary Tom Murphy, Chair Project Need: An Overlook of the Fanno Creek on Main Street will provide access to the natural and recreational resources of the creek and trail. Project Description: Construct an overlook at the Fanno Creek at Main Street that will add additional public space and serve as an attractive amenity for downtown visitors and residents. Operations and Maintenance Impact:Will add a new public space that will require additional staff and equipment resources. Prioritization: Tier B – Strategic Vision or Community Promise Total Project Cost: $1,734,000 Actual Through 2022 Projected 2023 2024 2025 2026 2027 2028 Project Total *** PRELIMINARY ***97027 - Nick Wilson Memorial Plaza 2029 EXPENSES External Expenses Land/Right of Way Acquisition 323,000 0 0 0 0 0 0 0 323,000 Design and Engineering 0 155,000 250,000 95,000 0 0 0 0 500,000 Construction 0 0 0 650,000 0 0 0 0 650,000 Environmental Permit Compliance 0 0 0 20,000 0 0 0 0 20,000 Contingency 0 31,000 50,000 160,000 0 0 0 0 241,000 323,000 186,000 300,000 925,000 0 0 0 0Total External 1,734,000 323,000 186,000 300,000 925,000 0 0 0 0Total Project Expense 1,734,000 REVENUES Other Revenue Source Urban Renewal Capital Improvement 323,000 186,000 300,000 925,000 0 0 0 0 1,734,000 323,000 186,000 300,000 925,000 0 0 0 0Total Other Revenue 1,734,000 323,000 186,000 300,000 925,000 0 0 0 0Total Revenues 1,734,000 Construction will be adjusted if necessary as we get farther in design Operations and Maintenance Impact: _______ number of FTE required in ______ fiscal year _______ dollars required in ________ fiscal year Project Comments: *** PRELIMINARY ***Requested CIP System: Parks Agenda Item 10 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Attend Design Coordination and OAC Meeting (Kick-Off)* ** ** * Review Background Information Review Survey Arborist Report Topographic Survey (if needed) Geotechnical Assessment & Report Wetland Delineation Assessment & Report Traffic Analysis (Main Street and Driveway Placement) Evaluation of New Fanno Creek Trail Crossing of Main Street Attend Design Coordination and OAC Meeting * ** ** * Develop Design Alternatives Prepare Graphics for Community Outreach Community Outreach Misc Public Meetings (Up to three) Meet with CWS Submit CWS Pre-Screen Form * Land Use Pre-Application Conference * Develop Preferred Concept/ Schematic Design Package ROM Cost Estimate * Plan Review with City Staff * Attend Design Coordination and OAC Meeting * ** ** ** ** * Design Refinement 50% Design Development Package 50% Design Development Cost Estimate Plan Review with City Staff 100% Design Development Package Plan Review with City Staff Land Use Application & Submittal * Preliminary Stormwater Report * Coordinate potenital utility relocation with franchise utility providers Submit CWS Natural Resource Assesssment (NRA) * Submit Joint Permit Application & Approval - Army Corps & DSL (Contingent on final design)* Attend Design Coordination and OAC Meeting * ** ** ** ** ** ** ** ** ** ** * Construction Documents 50% Cost Estimate - 50% CD Plan Review and Comment Response Value Engineering Construction Documents 90% Plan Review and Comment Response Permit Set Prepare Bid Schedule and Specifications Final Stormwater Report Submit Erosion Control Plan * Submit Tree Removal Application * Submit Permit Applications (Site Work and Public Facilities Improvement)* Obtain Temporary Construction Easement (work with City)* Permit Comment Response Invitation to Bid (Construction Services) Construction Documents 100% (Conformance Set) Construction Services Contract Award Attend Weekly Construction Meeting * ** ** ** ** ** ** ** * Pre-Construction Video and Photo Documentation of Conditions Pre-Construction Meeting Driveway Construction Plaza Construction Fanno Creek Bank Restoration Main Street Crossing (contingent) Construction Administration, Submittal Review, & RFI Response On-Site Observation & Field Reports Punch Walk (Substantial Completion)* Final Acceptance Walk with City and contractor * Prepare Record Drawings Review Construction Warranties and O&M Manuals 2025 TASK 6: PROJECT CLOSE OUT PROPOSED WILSON MEMORIAL PLAZA DEVELOPMENT SCHEDULE TASK 1: PROJECT START-UP AND ANALYSIS TASK 2: SCHEMATIC DESIGN TASK 3: DESIGN DEVELOPMENT TASK 5: CONSTRUCTION TASK 4: CONSTRUCTION DOCUMENTATION, PERMITTING, & BIDDING 2023 2024 Agenda Item 10 Prepared by Atlas Landscape Architecture July, 2014 Fanno Creek Public Space Feasibility Study Agenda Item 10 Acknowledgements Prepared by Atlas Landscape Architecture Nick Wilson, Landscape Architect Civil and Structural Engineering: WDY , Inc. Cole Presthus Environmental Consulting: Pacific Habitat Services Shawn Eisner Transportation Consulting: DKS Associates Adam Miles Prepared for City of Tigard Mayor and Council: John L. Cook, Mayor Gretchen Buehner, Councilor Marland Henderson, Councilor Jason Snider, Councilor Marc Woodard, Councilor City Center Advisory Committee: Thomas Murphy, Chair Carine Arendes, Vice Chair Deanie Bush Sherrie Devaney Laura Fisher Henry March Paul Miller Linli Pao Richard Shavey Lynn Scroggin, Alternate Staff: Kenny Asher Community Development Director Sean Farrelly Redevelopment Project Manager ATLAS LANDSCAPE ARCHITECTURE 1 INTRODUCTION The purpose of this feasibility study is to explore options to create a public pedestrian connection between Main Street and the existing Fanno Creek Trail adjacent to Max’s Fanno Creek Brewpub. (See Existing Configuration right). In order to close the egress, a new two-way access must be constructed to serve the parking in the rear of the building. The simplest solution is to expand the existing ingress on the southwest side of the building. However building is approximately 17’ from the existing property line and at least 20’ is required for two way access. Therefore a new two way access would require an acquisition of a strip of land from the adjacent Main Street Apartments. Three options were studied. Option 1 is to widen the existing ingress on the south west side of lot 1100 to provide two way access. Option 2 is to create a new driveway connecting to Maplewood Drive, a private road serving the Main Street Village Apartments. Option 3 is a hybrid of Options 1 and 2. The existing one-way ingress is reversed becoming a one way egress. A new one-way ingress accesses the site through Maplewood Drive. The analysis included physical and regulatory constraints. Review of the proposal included civil and structural engineering expertise provided by WDY, Inc. an environmental review by Pacific Habitat Services, and a transportation review by DKS Associates. Their comments are included in full in Appendices C, D and E respectively and have been incorporated into the narrative. The feasibility review did not include a geotechnical analysis of the stability of the banks of Fanno Creek. They are over-steep and there is some evidence of localized erosion but they have been in their current condition for many years and they are assumed to be stable. Additional study may be warranted. The study was based on mapping data from two different surveys and design information from two different projects. The data did not match up entirely but is considered reasonably accurate and sufficient for feasibility purposes. Previous work had been based on data derived from aerial photographs and the new data is likely to be much more reliable If the project moves forward, a new survey will be required. The study includes some graphic representations of what a design solution might look like. It was not intended as a final design but simply a vision for decision-makers and a basis for establishing a budget. A budgetary cost opinion is included in Appendix A. A plan view design graphic and five perspective renderings of the Fanno Creek Public Space are including in Appendix B. Parking One-way Vehicular Traffic Max’s Fanno Creek Brewpub Existing Configuration Fanno Creek Public Space Feasibility Study FANNO CREEK PUBLIC SPACE FEASIBILITY STUDY2 Stakeholders The project would impact four tax lots: 1101, 1100, 201 and 204 on Map 2S102AC. Tax lot 1101, the location of Max’s Brew Pub, and lot 1100 immediately to the west which collectively share the existing ingress and egress are now under a single ownership. Lot 201 is the Main Street Village Apartments and lot 204 is City-owned park land. In addition to the three owners, tenant stakeholders, include the Brew Pub, office and retail tenants as well as residential tenants in the apartments. Leaseholders have certain rights and interests that could be positively or negatively impacted and should be fully considered in the decision making process. One of the primary considerations for tenants is the availability of parking. Existing parking is limited and any project that reduces parking, would not likely be viewed favorably. The existing parking is mostly gravel and not striped. However in conjunction with the recent regrading and re-rocking “blue top” hub marking whiskers have been placed to mark parking stalls. These are not permanent and in fact are already nearing the end of their useful life. With the existing layout, there are about 50 parking stalls but most of these are tandem stalls that will only work for valet or other organized parking systems. Option 1 Option 1 would require the acquisition of an approximately 10’ strip of land from lot 201 (Main Street Village Apartments) to widen the existing driveway to 20 feet. This option would require a new retaining wall and relocation of power lines. It also removes a significant number of existing trees. This option exacerbates existing conflicts with ground floor tenants who currently use the front yard for parking. The proximity of the driveway to Maplewood Drive exacerbates existing conflicts. The turning radius of the entrance particularly for eastbound right turns is limited and sight line limitations from the west. There are also sight line limitations for pedestrians exiting the building with respect to vehicles approaching Main Street from the parking lot. This is currently not an issue because vehicles approach from the opposite direction. It could be mitigated by design but not likely without impacting front parking options. Tualatin Valley Fire and Rescue (TVF&R) was not concerned about the limited turning radius since the approach would likely be from the northeast from Station 51 on SW Burnham St. TVF&R has expressed a preference for this option as it does not require them to cross the new Main Street median. However crossing the median is required to access the 237- unit Main Street Village Apartments and the median was designed for that purpose. Option 1 appears to have the least impact to Main Street Village Apartments. Option 2 Option 2 is to create a new driveway connection from Maplewood Drive to the rear parking lot approximately 65 feet south of Main Street. This option Option 2. Option 1. ATLAS LANDSCAPE ARCHITECTURE 3 requires a new easement (or fee simple acquisition) from Main Street Village and the construction of a new driveway. This option also also requires the removal of some trees but allows retention of most of the trees. It also requires a new retaining wall. It slopes up modestly to Maplewood Drive. Option 2 reduces traffic conflicts with the existing front yard parking, and pedestrian movements into the building. It also reduces the conflicts caused by the proximity of the driveway with Maplewood Drive. The turning radii and visibility are better where the driveway meets Maplewood Drive than where it meets Main Street in Option 1. The turning radii are large enough to accommodate most vehicles, and visibility is good in all directions. Option 2 would de-couple the front and back parking areas. It is assumed that the front parking would remain as-is. It is not clear whether a non-conforming parking lot in the front would be allowed to remain under the development code. Some patrons may find an entrance from Maplewood counter -intuitive however the existing entrance given its narrow configuration, the existing trees and proximity to the building also lacks visibility. Signage can assist with way-finding. This option is acceptable to TVF&R but not the most preferred option because of the need to cross the median. Option 3 Option 3 is a hybrid of Option 1 and Option 2. It splits the ingress and egress with a new one-way ingress from Maplewood and uses the existing driveway for egress. This would reverse the existing direction of the driveway which is necessary to avoid crossing of traffic at a blind corner at the rear of the building. This option reduces impacts by using the existing driveway and narrowing the needed new driveway into the parking lot from Maplewood. This option reduces impacts to existing trees and may minimize the new retaining walls needed. It provides good turning radii in all directions. However it does not meet the TVF&R’s need for a 20’ minimum access width. Conclusion Based on transportation accessibility, safety, and geometric review (see DKS Associates memorandum in appendix E), Option 2 is the preferred alternative, followed by Option 1. Option 3 appears to be ruled out based on minimum fire access requirements. Project Constraints An initial concern about the physical width of the entrance in all options appears to be resolved. Specifically the distance between a retaining wall supporting the nearest apartment building and the nearest building wall on the project site is constrained. (see photo below.) The space between them is 22’-6” and there is a slope at the base of the wall that may indicate a shallow footing. However, subsequent study has indicated that the width is physically adequate, the slopes can be addressed and the wall appears to be sound and is not subject to negative impact of a widened driveway. The primary constraints impacting the feasibility of the proposed project are political, financial and regulatory. And the three are Option 3. FANNO CREEK PUBLIC SPACE FEASIBILITY STUDY4 interconnected. The political constraints are dependent on whether the various stakeholders interests are sufficiently aligned to reach an agreement to proceed. The degree to which a political consensus can be reached depends to some degree on the project cost and how costs are shared. And regulatory constraints add to the project cost. The remainder of the feasibility study addresses the regulatory constraints, the likely project cost and designs to equip decision makers with the information necessary to make an informed decision. Tigard Development Code This study is concerned primarily with the new public space along Fanno Creek. The project was conceived as constructing only the public space and the minimum improvements necessary to close the existing access which initially included only the new driveway. However the Tigard Development Code requires that any change in access will trigger a need to bring the entire parking lot into compliance with all applicable standards in chapters 18.805 through 18.810 including the off- street parking standards contained in 18.765. Although a detailed review of the standards was not undertaken because actual parking lot design was not included in the scope of the study, it is assumed that all the standards can be met and that meeting them is simply a matter of cost and the number of spaces that can be incorporated. The one standard that will require either an adjustment or variance is the driveway entrance width. The development code requires 24’ curb to curb width for commercial driveways. Staff had indicated that a 20’ width would likely meet the criteria for approval under the adjustment process. There is also a requirement that new driveways must be spaced a minimum of 30’ from another driveway. Staff has indicated that this requirement would be likely waived through an adjustment process also. Clean Water Services (Storm Water) On redevelopment sites, Clean Water Services (CWS) requires treatment of new impervious area and a percentage of existing impervious area depending on the size of the existing impervious area and the area of disturbance. Detention is not required. The volume of treatment required in cubic feet 0.03 X the impervious area to be treated. Because this project spans four tax lots, it is premature to determine exactly how large the basin would need to be. Normally, CWS requires each lot to be treated separately and thresholds for treatment differ depending on changes to impervious area and area of disturbance. But if the entire impervious area existing and proposed is required to be treated (approximately 1 acre), it would require approximately 1300 cu. ft. of treatment volume or 650 s.f. at two feet of depth. The area shown on the site plan for the water quality facility is sufficient but it may require retaining walls around the perimeter depending on the volume actually required. Fire Lane The Tualatin Valley Fire and Rescue Fire Marshall has reviewed the plan with the the three access options as well as the entire conceptual design including the parking lot and the public pedestrian area along Fanno Creek. The existing parking lot access is not in compliance with the requirements for a fire lane. The fire code requires that all portions of the building be within 150’ of a public street or approved fire lane. Portions of the existing building are longer than 150’ from Main Street. The Fire Marshall has reviewed the proposed hammerhead turnaround and indicated a likelihood of approval based on the preliminary review. However Option 3 does not meet the minimum requirements for a fire lane and would not likely be approved. Natural Resources The natural resources found on the site associated with Fanno Creek are regulated by the Army Corps of Engineers (Corps), the Oregon State Division of State Lands (DSL), Clean Water Services (CWS) and the City of Tigard. The jurisdiction of the agencies varies. The Corps and DSL have overlapping jurisdiction and permit projects jointly. Corps/DSL jurisdiction ATLAS LANDSCAPE ARCHITECTURE 5 include the waterway up to the “ordinary high water mark” (OHWM) and its associated wetlands. CWS regulates a vegetated corridor buffer area that from the Corps/DSL jurisdictional boundary upland an additional 50 feet or in the case of previously developed sites, up to the limit of the existing developed area. Tigard imposes additional regulations on “Sensitive Lands” defined in this case as areas within the 100 year floodplain. The permitting process begins with a delineation of the jurisdictional boundaries. The boundary has been recently delineated for tax lot 1101 and therefore no new delineation is required. However, improvements to tax lot 1100 are anticipated as well and a new delineation may be required for that portion of the site. Lot 1101 was the subject of a previous improvement project when the brew pub was opened. At that time, the driveway egress was widened and water quality facilities were installed and a previously developed site was added to the resource buffer area and mitigation planting was installed. This project does not necessitate impacts to Corps/DSL jurisdictional resources as currently proposed. However, if the city would like to address improvements to the creek also, it would be preferable to treat that work as a separate project because of the complexity that federal permitting would entail. CWS requires that encroachments into existing vegetated corridors be mitigated on a 1:1 basis on the project site. The mitigation area is required to be incorporated into the remaining Vegetated Corridor on the project site and meet the Good Corridor Condition standards. In addition, CWS requires that the entire vegetated corridor within the development be enhanced to meet or exceed Good Corridor Condition. The project encroaches as much as 3800 s.f. into the existing vegetated corridor. The amount of encroachment could be reduced if the storm facility size requirements are reduced, or if it can be relocated from the place shown on the plan. It could be completely removed from the vegetated corridor by reducing parking spaces but it is understood that stakeholders place a high value on parking spaces and loss of spaces would likely mean a loss of support for the project. Pathways are an allowed use in a vegetated corridor so long as they meet certain criteria. However the cantilever deck shown in the concept drawings are not. It would be subject to an alternatives analysis and may be deemed insufficiently justified by CWS. It should be noted that similar decks functioning as interpretive facilities associated with pathways have been permitted within vegetated corridors. The project would likely be approved subject to additional City-owned land nearby be set aside for additional corridor width and mitigation installed according to CWS requirements. Project Budget A budget for the project has been estimated at $737,000, including soft costs such design and permitting. The cost of acquiring easements as not been included in the project budget. Of the total, $94,000 is attributed to soft costs and $643,000 to construction. Of the construction budget, $395,000 is attributed to the public open space and $248,000 to the parking lot and new driveway. The project includes a 20% contingency. The parking lot and driveway budget is less flexible than the public space budget since its design is driven primarily by regulatory parameters. The public space budget could be increased or decreased depending on the level of improvement desired. The budget reflects a medium level of improvement based on the plan graphics and images prepared as a visioning exercise for the project. The budget detail is included in Appendix A. Project Design This feasibility study was not intended for purposes of developing a specific design for the project. It was intended to develop a vision for the project to equip decision makers and stakeholders with information to evaluate the proposal to determine whether there is consensus to pursue it further. However, there are several principles to observe in completing FANNO CREEK PUBLIC SPACE FEASIBILITY STUDY6 any design. The purpose of this project is to allow the public to appreciate and to enjoy views of downtown’s primary amenity, Fanno Creek. In order to appreciate the creek’s attributes, it is necessary that they be visible. CWS will require that the creek be restored to “good corridor condition.” Good condition is defined by the corridor’s vegetation. It should consist of a combination of trees shrubs and ground cover covering greater than 80% of the community and greater than 50% tree canopy. In order to achieve that goal, CWS requires specific plants be planted at certain minimum sizes and densities. For example, small trees (2’-3’ height at planting) are required to be planted at 10’ spacing which could interfere with views. The goal of 50% coverage could be achieved by planting larger trees at greater spacing but the code does not allow this. In addition there is little flexibility in the types of shrubs that are planted. Lower shrubs can achieve the 80% coverage goal while allowing views of the creek. The City of Tigard should negotiate with CWS to allow some flexibility in achieving good corridor condition while supporting the additional pubic benefits of being able to see the creek. Secondly, public spaces are most successful when supported by their adjacent uses. This site is adjacent to the Fanno Creek Brew Pub. The project’s design should be integrated as much as practical with the adjacent private uses to be mutually supportive. Finally, there is a unique opportunity to engage the public in learning about their downtown asset, Fanno Creek. Establishing a relationship with Tigard’s most visible and accessible waterway, creates an opportunity to raise awareness of its role in the natural environment. There is an the possibility to create a new artful storm outfall from Tigard’s new Main Street Green Street and to tell its story. There is also an opportunity to link in to the USGS’s water quality monitoring facility that could give a viewer real time information about the creek’s water flow, temperature, turbidity and other information that could help raise awarenesss of our urban stream and appreciation for protecting its water quality and wildlife. Plan graphics and images were developed to help visualize what a finished project might look like. They are included in Appendix B. Fanno Creek Public Space Feasibility Study Budget Estimate Appendix A Page 1 of 3 Entire Project Budget Section No.Item Description Bid Quantity Bid Units Unit Price Subtotal 01 00 00 General Requirements 01 57 13 -01 Sediment fence 500 lin. ft. $3.50 $1,750 02 00 00 Existing Conditions 02 41 00 -01 Asphalt and concrete paving removal 11000 s.f. $0.70 $7,700 03 00 00 Concrete 03 30 00 -01 seatwall footing 13 cu yd. $350.00 $4,550 03 30 00 -02 concrete seatwall 430 f.f. $60.00 $25,800 03 45 00 -01 precast seatwall wall cap 6 cu yd. $800.00 $4,800 04 00 00 Masonry 04 42 00 -01 seatwall stone veneer 860 s.f. $35.00 $30,100 04 22 00 -01 trash enclosure 1 allow $10,000.00 $10,000 05 00 00 Metals 05 52 00 -01 stainless steel railing 40 l.f. $300.00 $12,000 06 00 00 Wood, Plastics & Composites 06 15 33 -01 hardwood decking over steel 1000 s.f. $50.00 $50,000 10 00 00 Specialties 10 73 16 -01 glass canopy 500 s.f. $155.00 $77,500 26 00 00 Electrical 26 56 00 -01 pole lights 7 ea. $3,000.00 $21,000 26 56 00 -02 site electrical allowance 1 l.s. $10,000.00 $10,000 31 00 00 Earthwork 31 13 00 -01 Tree removal 6 ea $500.00 $3,000 31 22 00 -01 Common excavation & haul off 1200 cu. yd. $35.00 $42,000 32 00 00 Exterior Improvements 32 11 00 -01 3/4" minus aggregate base 500 cu.yd. $35.00 $17,500 32 12 16 -01 Class C - AC 18500 s.f. $2.00 $37,000 32 13 13 -01 Driveway apron 350 s.f. $7.50 $2,625 32 14 13 -01 60 mm conc. Unit pavers 3500 sq. ft. $6.00 $21,000 32 16 13 -01 Type C PCC curb, 16" depth, machine form 770 lin. ft. $23.00 $17,710 32 17 23 -01 Paint Striping, signage 1 allow $1,500.00 $1,500 32 32 23 -01 MSE retaining wall 300 f.f. $25.00 $7,500 32 31 13 -01 6' chain link fence 250 lin. ft. $25.00 $6,250 32 33 00 -01 8-foot bench 3 each $1,500.00 $4,500 32 33 00 -02 Trash receptacle 2 each $1,200.00 $2,400 32 90 00 -01 Mitigation Planting (on-site) 0.15 acre $12,000.00 $1,800 32 90 00 -02 Mitigation Planting (off-site) 0.10 acre $12,000.00 $1,200 32 90 00 -03 Landscaping 10500 s.f $4.00 $42,000 33 40 00 Utilities 33 40 00 -01 storm system allowance 1 l.s. $35,000.00 $35,000 Subtotal $498,185 General Conditions/OH/Profit l.s. 7.50% $37,364 Subtotal $535,549 Contingency 20.00% $107,110 Grand Total $642,659 Fanno Creek Public Space Feasibility Study Budget Estimate Appendix A Page 2 of 3 Public Space Budget Section No.Item Description Bid Quantity Bid Units Unit Price Subtotal 01 00 00 General Requirements 01 57 13 -01 Sediment fence 300 lin. ft. $3.50 $1,050 02 00 00 Existing Conditions 02 41 00 -01 Asphalt and concrete paving removal 3000 s.f. $0.70 $2,100 03 00 00 Concrete 03 30 00 -01 seatwall footing 13 cu yd. $350.00 $4,550 03 30 00 -02 concrete seatwall 430 f.f. $60.00 $25,800 03 45 00 -01 precast seatwall wall cap 6 cu yd. $800.00 $4,800 04 00 00 Masonry 04 42 00 -01 seatwall stone veneer 860 s.f. $35.00 $30,100 04 22 00 -01 trash enclosure 0 allow $10,000.00 $0 05 00 00 Metals 05 52 00 -01 stainless steel railing 40 l.f. $300.00 $12,000 06 00 00 Wood, Plastics & Composites 06 15 33 -01 hardwood decking over steel 1000 s.f. $50.00 $50,000 10 00 00 Specialties 10 73 16 -01 glass canopy 500 s.f. $155.00 $77,500 26 00 00 Electrical 26 56 00 -01 pole lights 5 ea. $3,000.00 $15,000 26 56 00 -02 site electrical allowance 0.5 l.s. $10,000.00 $5,000 31 00 00 Earthwork 31 13 00 -01 Tree removal 0 ea $500.00 $0 31 22 00 -01 Common excavation & haul off 155 cu. yd. $35.00 $5,425 32 00 00 Exterior Improvements 32 11 00 -01 3/4" minus aggregate base 80 cu.yd. $35.00 $2,800 32 12 16 -01 Class C - AC 0 s.f. $2.00 $0 32 13 13 -01 Driveway apron 0 s.f. $7.50 $0 32 14 13 -01 60 mm conc. Unit pavers 3500 sq. ft. $6.00 $21,000 32 16 13 -01 Type C PCC curb, 16" depth, machine form 0 lin. ft. $23.00 $0 32 17 23 -01 Paint Striping, signage 0 allow $1,500.00 $0 32 32 23 -01 MSE retaining wall 0 f.f. $25.00 $0 32 31 13 -01 6' chain link fence 250 lin. ft. $25.00 $6,250 32 33 00 -01 8-foot bench 3 each $1,500.00 $4,500 32 33 00 -02 Trash receptacle 2 each $1,200.00 $2,400 32 90 00 -01 Mitigation Planting (on-site) 0.075 acre $12,000.00 $900 32 90 00 -02 Mitigation Planting (off-site) 0.05 acre $12,000.00 $600 32 90 00 -03 Landscaping 6875 s.f $4.00 $27,500 33 40 00 Utilities 33 40 00 -01 storm system allowance 0.2 l.s. $35,000.00 $7,000 Subtotal $306,275 General Conditions/OH/Profit l.s. 7.50% $22,971 Subtotal $329,246 Contingency 20.00% $65,849 Grand Total $395,095 Fanno Creek Public Space Feasibility Study Budget Estimate Appendix A Page 3 of 3 Parking and Driveway Budget Section No.Item Description Bid Quantity Bid Units Unit Price Subtotal 01 00 00 General Requirements 01 57 13 -01 Sediment fence 200 lin. ft. $3.50 $700 02 00 00 Existing Conditions 02 41 00 -01 Asphalt and concrete paving removal 8000 s.f. $0.70 $5,600 03 00 00 Concrete 03 30 00 -01 seatwall footing 0 cu yd. $350.00 $0 03 30 00 -02 concrete seatwall 0 f.f. $60.00 $0 03 45 00 -01 precast seatwall wall cap 0 cu yd. $800.00 $0 04 00 00 Masonry 04 42 00 -01 seatwall stone veneer 0 s.f. $35.00 $0 04 22 00 -01 trash enclosure 1 allow $10,000.00 $10,000 05 00 00 Metals 05 52 00 -01 stainless steel railing 0 l.f. $300.00 $0 06 00 00 Wood, Plastics & Composites 06 15 33 -01 hardwood decking over steel 0 s.f. $50.00 $0 10 00 00 Specialties 10 73 16 -01 glass canopy 0 s.f. $155.00 $0 26 00 00 Electrical 26 56 00 -01 pole lights 2 ea. $3,000.00 $6,000 26 56 00 -02 site electrical allowance 0.5 l.s. $10,000.00 $5,000 31 00 00 Earthwork 31 13 00 -01 Tree removal 6 ea $500.00 $3,000 31 22 00 -01 Common excavation & haul off 1045 cu. yd. $35.00 $36,575 32 00 00 Exterior Improvements 32 11 00 -01 3/4" minus aggregate base 420 cu.yd. $35.00 $14,700 32 12 16 -01 Class C - AC 18500 s.f. $2.00 $37,000 32 13 13 -01 Driveway apron 350 s.f. $7.50 $2,625 32 14 13 -01 60 mm conc. Unit pavers 0 sq. ft. $6.00 $0 32 16 13 -01 Type C PCC curb, 16" depth, machine form 770 lin. ft. $23.00 $17,710 32 17 23 -01 Paint Striping, signage 1 allow $1,500.00 $1,500 32 32 23 -01 MSE retaining wall 300 f.f. $25.00 $7,500 32 31 13 -01 6' chain link fence 0 lin. ft. $25.00 $0 32 33 00 -01 8-foot bench 0 each $1,500.00 $0 32 33 00 -02 Trash receptacle 0 each $1,200.00 $0 32 90 00 -01 Mitigation Planting (on-site) 0.075 acre $12,000.00 $900 32 90 00 -02 Mitigation Planting (off-site) 0.05 acre $12,000.00 $600 32 90 00 -03 Landscaping 3625 s.f $4.00 $14,500 33 40 00 Utilities 33 40 00 -01 storm system allowance 0.8 l.s. $35,000.00 $28,000 Subtotal $191,910 General Conditions/OH/Profit l.s. 7.50% $14,393 Subtotal $206,303 Contingency 20.00% $41,261 Grand Total $247,564 1 Nick Wilson Subject:FW: Fanno Creek Trail---Storm Water Treatment Requirements From: Cole Presthus [mailto:colep@wdyi.com] Sent: Wednesday, April 16, 2014 4:50 PM To: Atlas-Nick Subject: RE: Fanno Creek Trail---Storm Water Treatment Requirements   Nick,  Regarding the above project, following is a summary of our site observations & research of the structural and civil  engineering issues we were requested to look at. Namely, any structural concerns regarding placing the new access road  immediately adjacent to the downhill side of the existing concrete retaining wall located on the adjacent apartment  complex property to the south; and perform a brief review of potential storm water facility requirements that may be  needed for the project. Please give me a call if you have any questions, Thanks, Cole    A. Structural observation of existing concrete retaining wall on adjacent private property:    The concrete wall on adjacent private property appears to be in adequate condition and performing its intended  function, modification of the wall is not recommended.   The existing grade at the downhill face of wall appears to be low enough that the proposed access driveway can  be installed adjacent to the wall without causing detrimental effects on the existing wall.    Approximate 3 inch diameter drainage weep holes were noted along the base of the wall on the downhill face.  These weep holes must not be obstructed by future development as they allow drainage of the soil backfill  behind the wall. Provision for collecting water seepage coming out of these weep holes should be provided for  in the design of the new access driveway.  B. Storm Drainage considerations for redeveloping or adding new impervious areas to the two Tax Lots (TL 1100 and TL  1101):   In accordance with CWS standards for determining storm water facility requirements, the development on  each Tax Lot will be considered separately as they are distinct legal parcels. It is possible to provide one storm  facility on one lot for both the lots but it would require new storm drainage easements and maintenance  agreements to be created with final review and approval authority by CWS and City of Tigard.   Note that CWS will not require storm water detention facilities, but facilities for storm water quality treatment  may be required.   Both tax lots are approximately 0.6 acres in size, and each has approximately 16,000 SF of existing impervious  area.  Per CWS standards, if a lot has more than 5,280 SF of existing impervious area and less than 0.5 acres of existing impervious area, then if more than 1,000 SF of existing impervious area is disturbed in a re‐ development project, then ALL storm drainage from both new and existing impervious area must be collected and treated in a storm water treatment facility. That means all roof runoff and all parking lot or other impervious areas must be collected and treated.   If less than 1000 sf of existing impervious area is disturbed, then no storm water quality treatment will be required. Storm water treatment is required for all new impervious areas.     Storm water treatment facilities should be located toward the low end of each lot and outfall provided to the  adjacent Fanno Creek.      Cole Presthus, P.E., S.E.  WDY Structural ‐ Civil Engineers  6443 SW Beaverton‐Hillsdale Hwy.  Suite 210  Portland OR 97221  Oregon General Contractors: CCB# 94379 April 14, 2014 Nick Wilson Atlas Landscape Architecture 12562 SW Main Street, Suite 210 Tigard, OR 97223 In Re: Fanno Creek Public Space – Regulatory Memorandum PHS Project Number: 5401 Nick: Thank you for your recent description of your vision for the Fanno Creek Public Space project just south of Main Street in Tigard. I have considered the topics we discussed and reviewed the conceptual site plan you prepared. Based upon that information and a review of existing conditions I have made some assumptions regarding the need for several common natural resource permits and approvals. Those likely to be required for work in the vicinity of waterways and wetlands include wetland/waterway fill permits from the Oregon Department of State Lands (DSL) and the US Army Corps of Engineers (Corps); and a Service Provider Letter (SPL) from Clean Water Services (CWS). All three of these agencies will rely upon the results of a wetland delineation to determine the limits of their respective jurisdiction in the vicinity of the project. This memo includes a discussion of each of these elements and how they might affect the project as proposed. The City of Tigard also has specific natural resources reporting requirements but their needs will very likely be met by and/or encapsulated within reports or applications required by these three other agencies. Water areas delineation The purpose of the delineation is to identify the limits of potentially jurisdictional waterways or wetlands, in this case the limits of Fanno Creek, within the project area. The Corps and DSL will rely upon the delineation, the results of which will be documented in a report, to identify the jurisdictional boundaries of the creek (and wetlands, if present). Clean Water Services uses the delineation to identify where vegetated corridors adjoining the water resource begin. If no impacts to jurisdictional water bodies are anticipated then a standalone report is not necessary for CWS. The results of a delineation can be incorporated into the supporting documentation for a natural resources assessment (see below). If a recent delineation of the project area already exists a full delineation and associated report may not be necessary for this project. Assuming impacts to Fanno Creek are necessary; concurrence of the delineation report will need to be obtained separately from Corps and DSL and will take approximately 120 days. This review can occur concurrently with any application for wetland or waterway impacts (see below). Wetland/Waterway fill permit (DSL & Corps) Though our on-site discussion generally revolved around the need to obtain an SPL from CWS, the proximity of the project to Fanno Creek itself means that the project and the work to implement it will need to be carefully designed if permits from both the DSL and Corps are to be avoided. As there remains a potential need for such permits, I have included a discussion of the permitting process. PACIFIC HABITAT SERVICES, INC 9450 SW Commerce Circle, Suite 180 (800) 871-9333 (503) 570-0800 Fax (503) 570-0855 Wilsonville, OR 97070 Nick Wilson, Atlas Landscape Architecture Pacific Habitat Services, Inc. / PHS #5401 Page 2 of 3 The need for permits from the DSL and Corps could be triggered by a number of actions. Should the banks of Fanno Creek that flows through the middle of the project area need to be shaped or stabilized, permits would be necessary regardless of impact area or quantity of removal or fill. This is because Fanno Creek is mapped essential salmonid habitat (ESH) and is a known to provided habitat to listed fish species. Even if these elements will benefit the system, such as the removal of unpermitted fill material, or the addition of fish habitat elements, or to increase channel complexity, permits will be needed. Though every impact to jurisdictional wetlands or waterways require some form of mitigation, it is assumed that proposed elements could be quantified as improvements to the existing habitat and would therefore be self-mitigating. This would be important to prove within the permit application because direct impacts to waterways with listed fish species are more difficult to get approved and additional mitigation (on-site or off) may need to be provided. The permitting process for a project including stream bank restoration can be relatively straightforward, provided the project will result in a measurable increase in bank stability. Projects that include water control structures, such as the boulders shown on the conceptual plan, can also be considered restoration elements. If a permit is necessary, the application will be submitted to the DSL and Corps and both agencies can be expected to issue a permit within approximately 120 days of submittal. If proposed elements cannot be considered an instream enhancement, a biological assessment of the project may need to be provided. This requires an extensive report documenting the project and its effect on fish habitat within the project area and beyond. This report is then reviewed by the Corps and National Marine Fisheries Services (NMFS), before NMFS issues a biological opinion (BO); a process that can take four to six months. Following the recent issuance of SLOPES V (for Stormwater, Transportation or Utilities), a biological opinion and agreement between the Corps and NMFS, any project including wetland or waterway impact that results in a permanent increase in impervious surfaces will trigger the need to provide a level of stormwater treatment and detention that exceeds current local standards, including those of CWS. In addition to treating stormwater runoff from all contributing areas, storm retention or detention facilities must limit discharge to match pre- development discharge rates (i.e., the discharge rates assume natural groundcover before any development). The stormwater detention requirement may necessitate a storm pond, subsurface storage, and/or the utilization of pervious pavement or other LIDA stormwater techniques. Again, this elevated storm plan is only triggered if the Corps needs to issue a permit and the project includes increased impervious surface. Therefore, if at all possible, it may be necessary to treat some of these public space improvements as different projects and thereby limit the federal nexus for stormwater treatment. Decreasing overall impervious surfaces within the project area would also eliminate the need for the higher stormwater standards. Service Provider Letter from CWS Clean Water Services will not only be directly involved with stormwater elements, but due to their natural resources nexus, their regulations will also need to be addressed from a surface water standpoint as well. CWS regulates activities in vegetated corridors adjoining all wetlands and waterways. Fanno Creek and any adjoining wetlands will have a vegetated corridor extending 50 feet from the resource edge. Where development lies within 50 feet, the vegetated corridor will extend to the very edge of development. As the public space improvements as you have described them will include expanding development out into vegetated areas west of Fanno Creek, vegetated corridor impacts are anticipated. Though payment to CWS in lieu of direct mitigation is sometimes an option for vegetated corridor mitigation, those triggers would not apply for a project such as this (unless the entire area of encroachment can be kept beneath 300 square feet). CWS requires the applicant to submit a Natural Resource Assessment (NRA) report that identifies wetlands, streams, and vegetated corridors. The NRA also identifies impacts to resources and the vegetated corridor enhancement and proposed mitigation plans. CWS reviews the NRA and issues a Service Provider Letter within approximately 15 business days. The review period is extended when additional information is requested by Nick Wilson, Atlas Landscape Architecture Pacific Habitat Services, Inc. / PHS #5401 Page 3 of 3 CWS. Fees associated with CWS include $500 initial review fee, and when corridor impacts this close to a water resource are proposed, an additional $1,000 tiered review fee. As the project will include some extensive work on both sides of the existing building west of Fanno Creek, as well as the potential for additional improvements to the east of Fanno Creek, it is anticipated that CWS will require complete enhancement of vegetated corridors on both sides of Fanno Creek within tax lots that are part of the proposed project. Enhancement entails the removal of existing invasive species such as reed canarygrass and Himalayan blackberry as well as the planting of native trees, shrubs, and groundcover to a CWS required density. The requirement for on-site enhancement and the likely need for mitigation for project related impacts mean that off-site mitigation will likely need to be identified in order for this project to be approved by CWS. The identification of off-site mitigation opportunities is beyond the scope of this memo, but in general CWS will be looking for such mitigation to occur as close as possible to the development area. Typically, mitigation must occur beyond the regulated vegetated corridor boundary, that is it would need to occur beyond the standard 50 foot vegetated corridor boundary associated with that system. Ratios for offsite mitigation vary depending upon the distance from the site and the condition of the onsite vegetated corridor. As you have described, recent (2009) work in this area included parking lot and driveway improvements (in the form of pavers) as well as the removal of asphalt along the east side of the parking area and egress drive as well as the addition of a storm pond. With the possibility for additional impacts in this area, including the potential for some new encroachments for a seating area and trail connections, all within areas planted with native vegetation as part of the prior project, I would recommend that this project be submitted CWS for comment and review prior to any official submittal for the SPL. This will allow the City to discuss the need to impact areas that had been planted as part of a prior project. Of course, the utilization of LIDA elements will help alleviate CWS concerns, though it is possible that additional mitigation may need to be provided. I have attempted to provide information that includes several assumptions that may or may not apply now or as project elements change but hopefully this includes a reliable indication of the complexity of obtaining approvals for the project as planned. Feel free to contact me at your convenience with any additional questions or comments. Sincerely, Shawn Eisner Wetland Biologist Pacific Habitat Services 2/1/23 TIF District Project Updates City Center TIF District 1. Universal Plaza • Ribbon cutting planned for April 15 2. Main Street Green Street Phase 2 • In progress 3. Senior Center Affordable Housing • Framing completed • Official name will be “Alongside Senior Apartments” • Weekly contacts from people interested in leasing 4. Main Street at Fanno project • Site work has started • Encountering some challenges- larger boulders, much more excavation needed than planned. 5. Building Improvement Grants • Shawn Gardener Dancing project complete 6. Nick Wilson Memorial Plaza (Fanno Creek Overlook) • Design and engineering team has a scope and schedule 7. City Facilities Consolidation (only parking structure is TIF funded) • No update 8. Downtown Reimagined • Land Use and Transportation Alternatives TCAC review in March 9. Downtown Parking Strategy • Parking survey for visitors, residents, and businesses results are back, will be discussed with TCAC in March Tigard Triangle URD 1. Affordable Housing • New application received 2. The Overland (Dartmouth and 72nd Mixed Use) • Project complete 3. Red Rock Creek Trail Planning • TCAC update trail alignment study will be scheduled 4. Mixed Use Path over Highway 217 • No Update 5. Parks • Agency investigating additional properties 6. Opportunity Fund • Grant recipient El Jefe opening this month • New application received- Cake Hoopla for an Overland space 7. Infrastructure • City applying for Federal RAISE grant to fund the final design and construction of Phase 1 SW 72nd Ave. between Pacific Highway and Dartmouth • Will request letter of support from TCAC 8. DIG Hampton Street Project • No update FINANCIALIMPACT REPORT TIF District/Urban RenewalTown Center Development Agency of the City of Tigard FY 2021–2022 FOR THE FISCAL YEAR ENDED JUNE 30, 2022 Date Filed: January 31, 2023 TC DA TCDA TCDA The Overland Apartments PAGE 2 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 3 Tax Increment Financing (TIF) Districts Urban Renewal (Overview) ORS 457.460 requires the urban renewal agency to file an annual statement on financial proceedings. In Tigard, the term “urban renewal” is synonymous with tax increment financing or TIF. What Does Tax Increment Financing Do? Tax increment financing uses property taxes from within an area to fix identified problems in that same area. It often focuses on improving an area’s transportation and utility infrastructure since these kinds of improvements can unlock an area’s development potential. Tax increment financing can also be used to attract and retain small businesses, support affordable housing, and develop public spaces such as parks, plazas, and trails. How Does Tax Increment Financing Work? When a Tax Increment Financing (TIF) District is established, the County Assessor determines the current assessed value of all property within the area and freezes that tax base. Tax revenue from this “frozen base” continues to go to taxing districts annually for the life of the TIF District. Tax revenue on any increase in property value that would occur anyway – from new development and/or appreciation – is allocated to the TIF District Agency for projects in the district. This increase above the frozen base is called the “increment.” When the TIF District expires, the frozen base also expires, and the local taxing districts resume receiving taxes on the full assessed value of the properties. How are decisions made about tax increment financing? The Town Center Development Agency (TCDA) is the City of Tigard’s TIF District Agency and is responsible for administering the City Center and Tigard Triangle plans. The Board of the Town Center Development Agency are the decision makers of the agency. The membership of the Board is made up of the Tigard City Council. The Town Center Advisory Commission makes recommendations to the board on policy, budget, and implementation of tax increment financing projects. What Are the Benefits of TIF Districts for Tigard? • Improves Tigard’s Long-Term Financial Health By bringing in new businesses and development, urban renewal increases Tigard’s tax base over time which, in turn, helps fund future city services for all of Tigard residents. • Provides a Stable Funding Source By creating a stable, long-term funding source (without creating a new tax), the city can build or fix infrastructure that it may otherwise delay, or never be able to afford. • Steers Investment Toward an Area Ready for Change By focusing on areas already zoned for mixed-use commercial and residential density, TIF steers investments toward parts of Tigard that are the most ready for change. • Furthers Tigard’s Walkability Goal TIF can help further the city’s goal of becoming a more walkable, interconnected and healthy community by transforming auto-oriented districts with no or limited sidewalks into pedestrian- friendly areas with a diverse mix of destinations and activities. • Supports Travel by Alternate Modes By fostering the creation of a complete community – one which has jobs, housing, services, and transit – TIF can make travel by alternate modes (travel by foot, bike, or transit) feasible. Red Rock Creek Commons PAGE 4 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 5 Tigard has two urban renewal districts: 1. City Center (Downtown) Urban Renewal District 2. Tigard Triangle Urban Renewal District Tax increment financing expenditures in both districts are guided by their respective urban renewal plans. These urban renewal plans are administered by the Town Center Development Agency, which was established by the Tigard City Council as the City’s Urban Renewal Agency. Approved by Voters: 2006 Substantial Amendments Approved by Voters: 2017 and 2021 Size: 228.96 acres Amended Duration: 29 years Amended Maximum Indebtedness: $42.8 Million Remaining Maximum Indebtedness: $31,197,120 (2022) The purpose of the City Center Urban Renewal Plan is to use the tools provided by TIF to attract private investment and facilitate the area’s revitalization. In 2021 Tigard voters approved a substantial amendment to the plan extending the duration and adding $20.8 million in maximum indebtedness (the amount to fund projects and programs.) The City Center Urban Renewal Area boundary is shown in blue. The City Center (Downtown) Urban Renewal Plan has 5 Distinct Goals: Goal 1 Revitalization of the Downtown should recognize the value of natural resources as amenities and as contributing to the special sense of place. Goal 2 Capitalize on Commuter Rail and Fanno Creek as catalysts for future investment and development. Goal 3 Downtown’s transportation system should be multi-modal, connecting people, places and activities safely and conveniently. Goal 4 Downtown’s streetscape and public spaces should be pedestrian-friendly and not visually dominated by the automobile. Goal 5 Promote high-quality development of retail, office and residential uses that support and are supported by public streetscape, transportation, recreation and open space investments. City Center Urban Renewal Plan City Center Urban Renewal Plan PAGE 6 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 7 Attwell off Main Completed in 2017, Attwell off Main brought over 300 residents to downtown Tigard. Attracting new residents to downtown is a goal of the TIF district and the City’s strategic plan. Attwell off Main would not have occurred without TIF. In 2015, the Tigard City Center Development Agency (TCDA, Tigard’s TIF agency) signed a developer agreement with Capstone Greenlight and DIG Tigard. Through the agreement, the developer team purchased the TCDA-owned development site for its appraised value and the TCDA invested the $1.65 million purchase price into partially offsetting the nearly $2.8 million in system development charges incurred by the project’s construction. This public investment resulted in private investment of over $30 million into the mixed-use project. Take a walk down Tigard’s Main Street and it may be difficult to remember how it looked just a few years ago. Restored and improved storefronts, new landscaping, LED streetlights and unique public artwork are just a few of the amenities that invite people downtown to shop, dine, walk the dog, or meet up with family and friends. TIF has played a pivotal role in downtown Tigard’s transformation. The next few pages provide a snapshot of how TIF has helped reshape downtown Tigard. $49.4M private investment into property improvements and new construction in the City Center TIF District since 2006, more than double the amount of investment in the 12 years preceding. 29 downtown businesses have received TIF matching grants for interior or exterior building improvements. 292 new units of multifamily housing units constructed or under construction in downtown Tigard since the TIF district was established in 2006. 32% increase in multifamily housing in downtown Tigard since 2006, compared to a 25% increase in the rest of Tigard. 2.6:1 leverage ratio of private to public investment into TIF tenant and storefront improvements, meaning every $1 in grant funding has yielded $2.60 in private investment. 64% increase in assessed value in the City Center TIF District between 2006 – 2019, compared to a 56% increase in assessed value citywide. Data Source: Washington County Data Source: City of Tigard Data Source: Metro Data Source: Metro Data Source: City of Tigard Data Source: Washington County Project SpotlightProject Spotlight City Center Urban Renewal Plan: Accomplishments to Date City Center Urban Renewal Plan: Accomplishments to Date PAGE 8 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 9 Symposium Coffee In 2013, the TCDA awarded a matching grant to Symposium Coffee to renovate the vacant front half of the Tigard Chamber of Commerce building. The grant awarded $24,800 in funding toward a total project budget of $90,159, leveraging nearly three times the grant amount in private investment. Since opening, Symposium Coffee has played a leading role in the revitalization of downtown Tigard, attracting new customers to Main Street and serving as a community gathering space. Main & Burnham Street Improvements The TIF Agency has helped pave the way for improvements to two of downtown Tigard’s most prominent streets. Completed in 2011, the reconstruction of Burnham Street closed sidewalk gaps and added 10-18 foot sidewalks to encourage strolling, safer pedestrian crosswalks, LED streetlights, underground utilities, on-street parking, a center turn lane, and built a new section of Ash Avenue. Completed in 2014, phase 1 of Tigard’s Main Street Green Street project rebuilt the southern half of Main Street, from Pacific Highway/99W to the railroad crossing near Commercial Street. Funded largely by a Metro grant, the project provided safer pedestrian crossings, green streetscape planters that help remove pollutants from storm water, new sidewalks, streetlights, benches and bike racks. Main Street Green Street Phase 2 will be completed in 2023. (Plans shown below.) Heritage Trail & Outdoor Museum Ash Ave. Dog Park Downtown Public Art Streetscape Improvements Jim Griffith Memorial Skate Park Facade & Interior Improvement Grants Fanno Creek Trail Undercrossing LightsBurnham St. Parking Lot Ash Ave. Connection City Center Urban Renewal Plan: Accomplishments to Date City Center Urban Renewal Plan: Accomplishments to Date Project Spotlight PAGE 10 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 11 City Center Urban Renewal Plan: Current & Proposed Projects TIF District Matching Grant Program The TIF Disctrict Matching Grant Program provides matching grants for existing businesses and property owners in the City Center TIF District to make improvements to the exterior of their building. The program also funds interior improvements for restaurants or similar businesses that move into vacant commercial spaces. This program has previously supported renovations to projects at Senet Game Bar, Tigard Taphouse, Symposium Coffee, Jeffrey Allen Gallery, and many others. Grant-funded projects have strengthened participating businesses and improved Main Street’s position as a walkable commercial district. Universal Plaza The Universal Plaza will be built on Burnham Street adjacent to Fanno Creek Park. The plaza will be a signature public space and a hub of activity in the downtown. The plaza will open in early 2023. AVA Main Street at Fanno Creek Development The TCDA is actively engaged in redeveloping. The TCDA purchased this key site where Main Street meets Fanno Creek and then used $400,000 in grant funding from the U.S. EPA Brownfield Cleanup Program for remediation and preparing the site for development. The property was sold to a developer, who broke ground in 2022 on a mixed-use building with 22 apartments that will bring added vitality to Downtown. City Center Urban Renewal Plan: Current & Proposed Projects Alongside Affordable Senior Housing The city entered into a development agreement and 99-year ground lease with Northwest Housing Alternatives, a non-profit affordable housing developer to build 58 units adjacent to the Tigard Senior Center. The units will be leased to seniors 62 and older, including units reserved for very low income (less than $16,000 per year). Additionally, the project will prioritize housing for veterans and seniors with disabilities. PAGE 12 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 13 The Tigard Triangle Urban Renewal Plan: Existing Problems: • Dirt roads/lack of sidewalks • Areas with no sewers/ sewers needing repair • Red Rock Creek erosion • Flooding • Traffic congestion Approved by Voters: 2017 Area Size: 548 acres Plan Duration: 35 years Maximum Indebtedness: $188 million Remaining Maximum Indebtedness: $179,119,431 (2022) The Tigard Triangle (roughly the area bordered by I-5, Highway 217 and Highway 99W) is an area with great potential but also has significant infrastructure needs. Approved by Tigard voters in 2017, the Tigard Triangle Urban Renewal Plan includes projects that will improve walkability, address transportation issues, and help businesses grow. The Tigard Triangle Urban Renewal Plan’s 5 goals outline its basic intents and purposes: Goal 1 Encourage meaningful involvement by citizens, interested parties, and affected agencies throughout the life of the urban renewal district to ensure it reflects the community’s values and priorities. Goal 2 Provide a safe and effective multimodal transportation network that provides access to, from, and within the Area and supports mixed-use and pedestrian-oriented development. Goal 3 Provide public utility improvements to support desired development. Goal 4 Create a clear identity for the Area as a fun and diverse place to live, work, shop, eat, and play by building upon existing unique and desirable features. Goal 5 Provide financial and technical assistance to new and existing businesses and housing developments that contribute to the Area’s diversity and vitality and help it transform into a mixed-use and pedestrian-oriented district. Tigard Triangle Urban Renewal PlanTigard Triangle Urban Renewal Plan TIGARD TRIANGLE URBAN RENEWAL AREA MAP Tigard Triangle Urban Renewal Area Map PAGE 14 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 15 Tigard Triangle Urban Renewal Plan Re/Development Assistance The Agency has created a robust Re/Development Assistance program to support both affordable housing and market rate mixed use projects. • New Streets & Sidewalks • New Trails & Parks • Major Sewer Line • Red Rock Creek • Stormwater • Intersection Improvements • Facade Improvement • Grants/Loans • Small Business SupportOpportunity Grants The Triangle Business Opportunity Fund supports entrepreneurs by providing matching grants for construction costs associated with building renovations. Grants provide a 50% funding match to help fund the cost of interior or exterior renovations for businesses moving into vacant ground floor commercial spaces in the Tigard Triangle. Apartment Units Units Increase in Apartment Units Current Projects Proposed Projects Accomplishments to Date Small Business 503 133 334% built or under construction in the Tigard Triangle since the TIF District was established in 2017. built or under construction in the Tigard Triangle since 2017. of affordable housing units built in the Tigard Triangle since 2017. Tigard Triangle Urban Renewal Plan PAGE 16 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 17 Financial Reports Introduction URBAN RENEWAL AGENCIES must prepare an annual financial report for the governing body and public in accordance with Oregon Revised Statutes 457.460. The report includes a financial summary of the preceding year and the budget for the new fiscal year. It also includes an analysis of the financial impact of carrying out the urban plan on the tax collections for all taxing districts. History of Tax Increment Financing In less than two decades, three ballot measures – Measure 5 (1990), and Measure 50 (1997) – have made significant changes to Oregon’s system of property taxation. Those changes have influenced urban renewal programs and tax increment revenue calculations. The provisions of these changes to the property tax system, Ballot Measures 5 and 50, now are incorporated into Oregon’s Constitution, and into Oregon Urban Renewal Statutes. Those provisions provide the basic framework for revenue calculations in this report. Tax Increment Calculations To determine the amount of the taxes levied, the total assessed value within each urban renewal area is segregated by the county assessor into two parts: (a) the total taxable assessed value in the district at the time the Urban Renewal Plan was adopted (the base or “frozen” value); and (b) the difference between the frozen base value and the current total assessed value (the incremental value or “excess”). Revenues derived from the application of the tax rate for each affected taxing district to the amount of the incremental value may be collected by the urban renewal agency and deposited in its debt service fund. This revenue is used to repay indebtedness incurred in carrying out the projects. Effect of Urban Renewal on Taxing Districts Carrying out an urban renewal plan has an effect on the county assessor’s calculation for each taxing district that shares values with Tigard’s urban renewal agency. Some property taxes that may have been received by the taxing bodies that levy property taxes within Tigard’s urban renewal area are being paid to Tigard’s urban renewal agency. Passage of Ballot Measure 50 (Article XI, Section 11 of the Oregon Constitution) resulted in converting most property taxes from a levy-based system to a rate-based system. Pages 18 and 19 of this report shows the financial impact by taxing district for Tigard’s urban renewal agency. Financial Reports The financial reports on pages 18–22 account for the activities of Tigard’s urban renewal agency. In accordance with ORS 457.460, these reports were prepared by the Finance Department of the City of Tigard and consultant Tiberius Solutions using the same basis of accounting it uses to prepare its financial statements — modified accrual basis of accounting. These reports are due annually by January 31, information and figures contained herein are based upon audited draft financial statements. At the end of each fiscal year, June 30, this financial impact report is prepared which shows the urban renewal tax impact by taxing district. Copies are available by January 31 at the Tigard Permit Center, 13125 SW Hall Blvd., Tigard, 97223 and on the City of Tigard website. Maximum Indebtedness Tracking As summarized on the following pages, Town Center Development Agency’s 2021–22 total requirements were $17,449,289 for expenditures charged to the District as of June 30, 2022. For fiscal year 2022–23, total budgeted resources of $21,373,717 were balanced with requirements of $21,373,717, including a financing agreement to fund future urban renewal projects. The District uses the funds it receives from the division-of-taxes method of calculating property taxes to finance various urban renewal projects and activities. These property taxes totaled $1,766,144 in FY 2021–22 and are expected to rise to $2,194,696 in FY 2022–23. These tax estimates are calculated based on the Washington County assessment summary received after budget adoption. City Center Total Debt $11,602,980 Maximum Indebtedness Remaining $31,197,020 Tigard Triangle Total Debt $8,880,569 Maximum Indebtedness Remaining $179,119,431 PAGE 18 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 19 Financial Reports Financial Reports Town Center Development Agency Statement of Resources & Requirements for the fiscal year ended June 30, 2022. Note: Figures are based upon audited financial statements. Town Center Development AgencyStatement of Resources and Requirementsfor the fiscal year ended June 30, 2022 As summarized below, Town Center Development Agency's 2021-22 total requirements were $17,449,289 for expenditures charged to the District as of June 30, 2022. For fiscal year 2022-23, total budgeted resources of were balanced with requirements of $21,373,717, including a financing agreement to fund future urban renewal projects. The District uses the funds it receives from the division-of-taxes method of calculating property taxes to finance various urban renewal projects and activities. These property taxes totaled $1,766,144 in FY 2021-22 and are expected to increase in FY 2022-23. These tax estimates are calculated based on the Washington County assessment summary received after budget adoption. City Center Debt Service Funds Triangle Debt Service Funds City Center Capital Projects Funds Triangle Capital Projects Funds Total Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget 2021-22 2022-23 2021-22 2022-23 2021-22 2022-23 2021-22 2022-23 2021-22 2022-23 Resources: Beginning Fund Balance 1,347,913 852,751 850,023 1,366,485 3,880,320 4,392,128 106,541 7,764,241 6,184,797 14,375,605 Tax Increment Property Taxes 728,711 773,146 1,037,434 1,421,550 - - - - 1,766,144 2,194,696 Interest Income 7,627 2,132 6,483 3,416 18,513 10,868 - - 32,622 16,416 Net increase (decrease) in investment fair value (22,508) - (22,253) - (61,859) - (78,870) - (185,489) - Intergovernmental revenues - - - - 338,789 1,818,000 - - 338,789 1,818,000 Miscellaneous revenues - - - - 10 - 16 - 26 - Other Financing Sources - - - - 1,019,700 1,249,500 8,292,700 1,719,500 9,312,400 2,969,000 Total Resources 2,061,742 1,628,029 1,871,686 2,791,451 5,195,474 7,470,496 8,320,387 9,483,741 17,449,289 21,373,717 Requirements: Debt Service 465,531 540,000 488,960 700,000 - - - - 954,491 1,240,000 Transfers Out - 349,500 - 1,719,500 - - - - - 2,069,000 Community Development - - - - - 394,500 197,264 2,219,500 197,264 2,614,000 Capital Outlay - - - - 1,299,759 200,000 - 1,000,000 1,299,759 1,200,000 Ending Fund Balance 1,596,211 738,529 1,382,726 371,951 3,895,715 6,875,996 8,123,123 6,264,241 14,997,775 14,250,717 Total Requirements 2,061,742 1,628,029 1,871,686 2,791,451 5,195,474 7,470,496 8,320,387 9,483,741 17,449,289 21,373,717 Note: Figures are based upon audited financial statements. City Center Debt Service Funds Resources Beginning Fund Balance Tax Increment Property Taxes Interest Income Net increase (decrease) in investment fair value Intergovernmental revenues Miscellaneous revenues Other Financing Sources Total Resources Requirements Debt Service Transfers Out Community Development Capital Outlay Ending Fund Balance Total Requirements City Center Capital Projects Funds Triangle Capital Projects Funds Total Triangle Debt Service Funds PAGE 20 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 21 Financial Reports Financial Reports Town Center Development Agency City Center Urban Renewal Plan Financial Impact of the City Center Urban Renewal Plan on Tax Collections by Taxing District for the fiscal year ended June 30, 2022. Sources: FY 2021-22 SAL Table 4e (Washington County); FY 2021-22 SAL Table 4a (Washington, Multnomah, Clackamas, Tillamook, and Yamhill counties); FY 2021-22 Summary Brochure (Clatsop County) Note: Taxes imposed have been adjusted to account for Measure 5 compression loss and rate truncation. Previous Tigard Urban Renewal Financial Impact Reports displayed the impacts of Tigard’s UR Districts on taxing districts based on the taxes imposed within city boundaries. Tables will now display the impacts of UR Districts based on the total taxes of the affected districts. Impact to Taxing Districts for Annual Report: FY 2021-22 - Version ATigard Triangle Total Frozen Base Incremental ValueGeneral GovernmentWashington County 512,774,721$ 424,744,405$ 88,030,316$ 2.2484$ 197,272$ 163,791,860$ 0.12%Tualatin Soil & Water District 512,774,721$ 424,744,405$ 88,030,316$ 0.0825$ 6,882$ 6,001,173$ 0.11%Metro 512,774,721$ 424,744,405$ 88,030,316$ 0.0966$ 8,395$ 18,359,718$ 0.05%Port of Portland 512,774,721$ 424,744,405$ 88,030,316$ 0.0701$ 6,117$ 14,785,220$ 0.04%TV Fire & Rescue 512,774,721$ 424,744,405$ 88,030,316$ 1.5252$ 133,800$ 104,485,816$ 0.13% City of Tigard 512,774,721$ 424,744,405$ 88,030,316$ 2.5131$ 220,975$ 18,838,664$ 1.16% Tigard/Tualatin Aquatic District 512,774,721$ 424,744,405$ 88,030,316$ 0.0900$ 7,633$ 1,154,301$ 0.66% Education Tigard/Tualatin School District 512,774,721$ 424,744,405$ 88,030,316$ 4.9892$ 438,895$ 63,428,983$ 0.69% NW Regional ESD 512,774,721$ 424,744,405$ 88,030,316$ 0.1538$ 12,999$ 14,047,123$ 0.09% PCC 512,774,721$ 424,744,405$ 88,030,316$ 0.2828$ 24,468$ 42,292,163$ 0.06% Total 512,774,721$ 424,744,405$ 88,030,316$ 12.0517$ 1,057,434$ 447,185,022$ 0.24% City Center Total Frozen Base Incremental Value General Government Washington County 179,791,156$ 117,522,911$ 62,268,245$ 2.2484$ 139,925$ 163,791,860$ 0.09% Tualatin Soil & Water District 179,791,156$ 117,522,911$ 62,268,245$ 0.0825$ 4,588$ 6,001,173$ 0.08% Metro 179,791,156$ 117,522,911$ 62,268,245$ 0.0966$ 5,342$ 18,359,718$ 0.03% Port of Portland 179,791,156$ 117,522,911$ 62,268,245$ 0.0701$ 3,823$ 14,785,220$ 0.03% TV Fire & Rescue 179,791,156$ 117,522,911$ 62,268,245$ 1.5252$ 94,807$ 104,485,816$ 0.09% City of Tigard 179,791,156$ 117,522,911$ 62,268,245$ 2.5131$ 155,982$ 18,838,664$ 0.82% Tigard/Tualatin Aquatic District 179,791,156$ 117,522,911$ 62,268,245$ 0.0900$ 5,089$ 1,154,301$ 0.44% Education Tigard/Tualatin School District 179,791,156$ 117,522,911$ 62,268,245$ 4.9892$ 310,407$ 63,428,983$ 0.49% NW Regional ESD 179,791,156$ 117,522,911$ 62,268,245$ 0.1538$ 9,175$ 14,047,123$ 0.07% PCC 179,791,156$ 117,522,911$ 62,268,245$ 0.2828$ 17,586$ 42,292,163$ 0.04% Total 12.0517$ 746,725$ 447,185,022$ 0.17% Sources: FY 2021-22 SAL Table 4e (Washington County); FY 2021-22 SAL Table 4a (Washington, Multnomah, Clackamas, Clatsop, Tillamook, and Yamhill counties) Note: Taxes imposed have been adjusted to account for Measure 5 compression loss and rate truncation. Taxes Imposed For Affected Districts Percent Tax Revenue ForegoneAssessed Value of URA (FYE 2022)Permanent Tax Rate Taxes Imposed for URA Taxes Imposed For Affected Districts Tax Revenue Foregone Assessed Value of URA (FYE 2022) Permanent Tax Rate Taxes Imposed for URA Note: The division-of-taxes process results in some property taxes that may have been received by the “taxing districts” that levy property taxes within the urban renewal area (for example, Washington County, NW Regional ESD) being paid over to Tigard’s urban renewal agency. The taxing districts forgo a share of the property tax income during the life of an urban renewal plan so that the urban renewal agencies can carry out activities that increase property values in the long term. The above table shows the urban renewal tax impact by taxing district using permanent rates established pursuant to Measure 50. PAGE 22 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 | PAGE 23 Financial ReportsFinancial Reports Financial Reports Town Center Development Agency Tigard Triangle Urban Renewal Plan Financial Impact of the Tigard Triangle Urban Renewal Plan on Tax Collections by Taxing District for the fiscal year ended June 30, 2022. Note: The division-of-taxes process results in some property taxes that may have been received by the “taxing districts” that levy property taxes within the urban renewal area (for example, Washington County, NW Regional ESD) being paid over to Tigard’s urban renewal agency. The taxing districts forgo a share of the property tax income during the life of an urban renewal plan so that the urban renewal agencies can carry out activities that increase property values in the long term. The above table shows the urban renewal tax impact by taxing district using permanent rates established pursuant to Measure 50. Impact to Taxing Districts for Annual Report: FY 2021-22 - Version A Tigard Triangle Total Frozen Base Incremental Value General Government Washington County 512,774,721$ 424,744,405$ 88,030,316$ 2.2484$ 197,272$ 163,791,860$ 0.12% Tualatin Soil & Water District 512,774,721$ 424,744,405$ 88,030,316$ 0.0825$ 6,882$ 6,001,173$ 0.11% Metro 512,774,721$ 424,744,405$ 88,030,316$ 0.0966$ 8,395$ 18,359,718$ 0.05% Port of Portland 512,774,721$ 424,744,405$ 88,030,316$ 0.0701$ 6,117$ 14,785,220$ 0.04% TV Fire & Rescue 512,774,721$ 424,744,405$ 88,030,316$ 1.5252$ 133,800$ 104,485,816$ 0.13% City of Tigard 512,774,721$ 424,744,405$ 88,030,316$ 2.5131$ 220,975$ 18,838,664$ 1.16% Tigard/Tualatin Aquatic District 512,774,721$ 424,744,405$ 88,030,316$ 0.0900$ 7,633$ 1,154,301$ 0.66% Education Tigard/Tualatin School District 512,774,721$ 424,744,405$ 88,030,316$ 4.9892$ 438,895$ 63,428,983$ 0.69% NW Regional ESD 512,774,721$ 424,744,405$ 88,030,316$ 0.1538$ 12,999$ 14,047,123$ 0.09% PCC 512,774,721$ 424,744,405$ 88,030,316$ 0.2828$ 24,468$ 42,292,163$ 0.06% Total 512,774,721$ 424,744,405$ 88,030,316$ 12.0517$ 1,057,434$ 447,185,022$ 0.24% City Center Total Frozen Base Incremental Value General Government Washington County 179,791,156$ 117,522,911$ 62,268,245$ 2.2484$ 139,925$ 163,791,860$ 0.09% Tualatin Soil & Water District 179,791,156$ 117,522,911$ 62,268,245$ 0.0825$ 4,588$ 6,001,173$ 0.08% Metro 179,791,156$ 117,522,911$ 62,268,245$ 0.0966$ 5,342$ 18,359,718$ 0.03% Port of Portland 179,791,156$ 117,522,911$ 62,268,245$ 0.0701$ 3,823$ 14,785,220$ 0.03% TV Fire & Rescue 179,791,156$ 117,522,911$ 62,268,245$ 1.5252$ 94,807$ 104,485,816$ 0.09% City of Tigard 179,791,156$ 117,522,911$ 62,268,245$ 2.5131$ 155,982$ 18,838,664$ 0.82% Tigard/Tualatin Aquatic District 179,791,156$ 117,522,911$ 62,268,245$ 0.0900$ 5,089$ 1,154,301$ 0.44% Education Tigard/Tualatin School District 179,791,156$ 117,522,911$ 62,268,245$ 4.9892$ 310,407$ 63,428,983$ 0.49% NW Regional ESD 179,791,156$ 117,522,911$ 62,268,245$ 0.1538$ 9,175$ 14,047,123$ 0.07% PCC 179,791,156$ 117,522,911$ 62,268,245$ 0.2828$ 17,586$ 42,292,163$ 0.04% Total 12.0517$ 746,725$ 447,185,022$ 0.17% Sources: FY 2021-22 SAL Table 4e (Washington County); FY 2021-22 SAL Table 4a (Washington, Multnomah, Clackamas, Clatsop, Tillamook, and Yamhill counties) Note: Taxes imposed have been adjusted to account for Measure 5 compression loss and rate truncation. Taxes Imposed For Affected Districts Percent Tax Revenue Foregone Assessed Value of URA (FYE 2022) Permanent Tax Rate Taxes Imposed for URA Taxes Imposed For Affected Districts Tax Revenue Foregone Assessed Value of URA (FYE 2022) Permanent Tax Rate Taxes Imposed for URA Sources: FY 2021-22 SAL Table 4e (Washington County); FY 2021-22 SAL Table 4a (Washington, Multnomah, Clackamas, Tillamook, and Yamhill counties); FY 2021-22 Summary Brochure (Clatsop County) Note: Taxes imposed have been adjusted to account for Measure 5 compression loss and rate truncation. Previous Tigard Urban Renewal Financial Impact Reports displayed the impacts of Tigard’s UR Districts on taxing districts based on the taxes imposed within city boundaries. Tables will now display the impacts of UR Districts based on the total taxes of the affected districts. PAGE 24 | TIF District/Urban Renewal FINANCIAL IMPACT REPORT | FY 2021-2022 Financial Reports Note: Figures are based upon audited financial statements. Town Center Development Agency Detail of Purpose for the fiscal year ended June 30, 2022 City Center Urban Renewal Projects Tigard Triangle Urban Renewal Projects Financial Impact Report FOR THE FISCAL YEAR ENDED JUNE 30, 2022 TIF District/Urban RenewalTown Center Development Agency of the City of Tigard Town Center Development Agency Detail of Purpose for the fiscal year ended June 30, 2022 Actual Budget 2021-22 2022-23 Detail of Purpose: Capital Outlay: Nick Wilson Memorial Plaza - 186,000 Universal Plaza 1,144,697 5,311,000 Main Street Green Street Improvement 580,000 Building Improvement Grants 125,000 Admin/Legal/Finance 155,062 224,500 1,299,759 6,426,500 Actual Budget 2021-22 2022-23 Park Land Acquisition - 2,958,000 Transportation Infrastructure - 1,000,000 Affordable Housing Development Assistance - 1,000,000 Development Assistance - 1,000,000 Business Opportunity Grants - 125,000 Admin/Legal 197,264 94,500 197,264 6,177,500 Note: Figures are based upon audited financial statements. City Center Capital Projects Fund Tigard Triangle Capital Projects Fund Town Center Development Agency Detail of Purpose for the fiscal year ended June 30, 2022 Actual Budget 2021-22 2022-23 Detail of Purpose: Capital Outlay: Nick Wilson Memorial Plaza - 186,000 Universal Plaza 1,144,697 5,311,000 Main Street Green Street Improvement 580,000 Building Improvement Grants 125,000 Admin/Legal/Finance 155,062 224,500 1,299,759 6,426,500 Actual Budget 2021-22 2022-23 Park Land Acquisition - 2,958,000 Transportation Infrastructure - 1,000,000 Affordable Housing Development Assistance - 1,000,000 Development Assistance - 1,000,000 Business Opportunity Grants - 125,000 Admin/Legal 197,264 94,500 197,264 6,177,500 Note: Figures are based upon audited financial statements. City Center Capital Projects Fund Tigard Triangle Capital Projects Fund TC DA TCDA TCDA