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TCDA Resolution No. 23-05 CITY OF TIGARD, OREGON TIGARD TOWN CENTER DEVELOPMENT AGENCY RESOLUTION NO. 23- 03 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 Exhibit B. SECTION: This resolution is effective immediately upon passage. PASSED: This - day of 2023. / &/ Chair-TCDA A FI EST: TCDA Recorder-TCDA IC DA RESOLUTION NO. 23-05 Page 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