TCDA Resolution No. 23-05 Due to a scrivener's error on
Page 1, Section 1, Exhibit "B"
CITY OF TIGARD, OREGON was corrected to Exhibit "A"
TIGARD TOWN CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 23- 0 5-
A RESOLUTION TO ADOPT THE FY 2024 FIRST QUARTER BUDGET SUPPLEMENTAL TO TOWN
CENTER DEVELOPMENT AGENCY (TCDA) URBAN DEVELOPMENT.
WHEREAS, the TCDA acknowledges those items that were unknown at the time the FY 2024 budget was
adopted;and
WHEREAS,the TCDA recognizes approximately$305,055 of unanticipated budget in operations and transfers;
and
WHEREAS, the increase in budget is offset by unanticipated fund balance from prior year budget now being
carried forward.
NOW,THEREFORE,BE IT RESOLVED by the Tigard Town Center Development Agency that:
SECTION 1: The FY 2023-24 Budget is hereby amended as detailed in Exhibitor A
SECTION: This resolution is effective immediately upon passage.
PASSED: This -7day of Oc-fle 2023.
ci14(21
Chair-TCDA
A 1`lEST:
TCDA Recorder-TCDA
rG b RESOLUTION NO. 23-05-
Page
SPage 1
Exhibit A
ADJUSTED APPROPRIATIONS
10/3/2023
Request 1
# Fund Program Adopted Items Revised Budget
940 City Center Capital Improvements
Building
City Center URA 885,000 Improvement 39,555 924,555
Capital Improvements 385,000 CIP 92059 215,500 600,500
Total 1,270,000 255,055 $ 1,525,055
945 Tigard Triangle Capital Improvements
Triangle
Tigard Triangle URA 2,530,000 Opportunity 50,000 2,580,000
Total 6,488,000 50,000 $ 6,538,000
All Funds
City Center URA 885,000 39,555 924,555
Tigard Triangle URA 2,530,000 50,000 2,580,000
Capital Improvements 4,343,000 215,500 4,558,500
Total $ 10,977,750 $ 305,055 $ 11,282,805