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Resolution No. 23-24 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 23-.2 L/ A RESOLUTION ACCEPTING A 2040 PLANNING AND DEVELOPMENT GRANT AWARD FROM THE METRO REGIONAL GOVERNMENT AND AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND SIGN AN IN IERGOVERNMENTAL AGREEMENT TO THAT EFFECT WHEREAS, on April 2, 2019, the Tigard City Council authorized an application for a 2040 Planning and Development Grant to prepare a Concept Plan for the City's two remaining urban reserves, collectively known as River Terrace 2.0;and WHEREAS, on April 20, 2020, the City Manager signed an intergovernmental agreement with Metro to accept grant funds;and WHEREAS, the City subsequently prepared a Concept Plan for River Terrace 2.0 that set out a vision for an inclusive,well-connected,and complete neighborhood for everyone;and WHEREAS, on June 8, 2021, the Tigard City Council directed the Community Development team to prepare an application to Metro to add the River Terrace 2.0 urban reserves to the regional urban growth boundary;and WHEREAS,an application for expansion of the urban growth boundary was submitted to Metro in October of 2021;and WHEREAS, the Metro Council approved the City's application on February 6, 2023 and added the River Terrace 2.0 lands through a land swap;and WHEREAS, on July 20, 2023 the Metro Council approved a 2040 Planning and Development grant to the City for the preparation of a Community Plan;and WHEREAS, the City of Tigard is prepared to implement the vision of the Concept Plan and prepare these lands for development to address the City's and the region's ongoing housing shortage. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The Tigard City Council accepts the award for$700,000 from Metro. SECTION 2: The City Manager is authorized to negotiate and sign an intergovernmental agreement to this effect. SECTION 3: This resolution is effective immediately upon passage. PASSED: This 25 III day of 2S9, 2023. RESOLUTION NO. 23-_,Z tl Page 1 Mayor-City of Tigard ATTEST: eato--PAet City Recorder-City of Tigard RESOLUTION NO. 23-2 y Page 2 Contract No.XXXXXX 2040 PLANNING AND DEVELOPMENT GRANT INTERGOVERNMENTAL AGREEMENT Metro — City of Tigard River Terrace 2.0 Comprehensive Planning This 2040 Planning and Development Grant Intergovernmental Agreement(this "Agreement") is entered into by and between Metro,a metropolitan service district organized under the laws of the state of Oregon and the Metro Charter,located at 600 Northeast Grand Avenue, Portland OR, 97232 ("Metro"), and the City of Tigard,a municipality of the State of Oregon,located at 13125 SW Hall Blvd,Tigard,OR 97223 (the"City").Metro and the City may be jointly referred to herein as the"Parties" or each, individually as a"Party". RECITALS WHEREAS,Metro has established a Construction Excise Tax ("CET"),Metro Code Chapter 7.04, which imposes an excise tax throughout the Metro regional jurisdiction to fund regional and local planning that is required to make land ready for development after inclusion in the Urban Growth Boundary; and WHEREAS,the CET is collected by local jurisdictions when issuing building permits,and is remitted to Metro pursuant to Intergovernmental Agreements to Collect and Remit Tax entered into separately between Metro and the local collecting jurisdictions; and WHEREAS,the City has submitted a 2040 Planning and Development Grant Request application attached hereto as Exhibit A and incorporated herein (the"Grant Request") for the comprehensive planning of the "River Terrace 2.0"territory added to the Metro Urban Growth Boundary(UGB) by Ordinance 23-1488 (the"Project"); and WHEREAS,Metro has agreed to provide 2040 Planning and Development Grant Funds to the City for the Project in the amount of$700,000 subject to the terms and conditions set forth herein (the"Grant Funds"),and the Parties wish to set forth the timing,procedures and conditions for receiving the Grant Funds from existing CET funds for the Project. AGREEMENT NOW THEREFORE,the Parties hereto agree as follows: 1. Metro Grant Award. Metro shall provide the Grant Funds to the City for the Project as approved by the Metro Council in Resolution 23-XXXX and as described in the Grant Request,subject to the terms and conditions specified in this Agreement. 2. Project Management and Coordination. The Parties have appointed the staff identified below to act as their respective project managers (each a"Project Manager"and collectively"Project Managers") with the authority and responsibility described in this Agreement: For the City: [City Representative] City of Tigard 971-438-7410 schuylerw@tigard-or.gov 2040 PLANNING&DEVELOPMENT GRANT IGA—Metro and the City of Tigard Page 1