Resolution No. 87-126 -1Y Of -FIGCI '- ARD, OREGON]
RESOI-UTION NO. 87--Jc4
A RESOLUTION AUTHORIZING THE PURCHASE Or REAL. PROPERTY AND APPROPRIATING
CONTINCENCY.
WHEREAS, the City Council has directed starf and legal counsel to negotiate
for tfle purchase of property adjacent to the Tigard Civic Center; and
WHEREAS, the negotiated price is $180,000; and
WHEREAS, $150,000 in budgeted in General Capital Projects and the additional
$30,000 is to be funded through the appropriation of contingency.
NOW, THEREFORE, 8L If RESOLVED by the Tigard City Council that:
Section 1: The purchase of said real property is approved and the. City
Administrator is hereby authorized to procede with the purchase.
Section 2: Contingency is to be appropriated as follows:
Adopted Revised
Budget Revision Budget
General Fund
Programs 4,527,743 4,527,743
Capital Projects 211,700 5,000 216,700
Contingency 1,102,757 <5,000> 1_-,97,757
TOTAL 5,842,200 –0– 5,842,200
Storm Drainage
Programs 383,750 — 383,750
Capital Projects 199,250 6,250 205,500
Contingency i 47,500 <6,25O> 41,250
TOTAL 630,500 .-0– 630,500
Sewer Fund
Programs 634,354 — 634,354
Capital Projects 429,696 6,250 435,946
Contingency 149,000 <6,2 50> _142,750
TOTAL 1,213,050 –0– 1,213,050
State Gas Tax
Programs 692,200 — 692,200
Capital Projects 84,500 12,500 97,000
Contingency 61,300 <<1_2 5M> --48,800
TOTAL 838,000 –0– 838,000
PASSED: This day of Oc�ko- _, 1987
t
ATTES Mayor – City of Tigard
CC2ty Recorder- – City of Tigard
cs/1171D