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Resolution No. 92-06 ERE CITY OF TIGARD, OREGON RESOLUTION NO. 92- atp_ 1 A RESOLUTION OF THE TIGARD CITY COUNCIL REQUESTING THE ECONOMIC DEVELOPMENT COMMISSION AND THE STATE OF OREGON TO ASSIST IN FINANCING THE PURCHASE OF WESTERN FOUNDRY. WHEREAS, the Tigard City Council finds that the sale or Western Foundry would foster the continued econom-i.c growth and legislative policy as set forth in ORS 280.520, and WHEREAS, ORS 280.532 requires, before the approval of an Oregon Business Development Fund project by the State of Oregon, that the governing body of the appropriate local government recommend the project, and WHEREAS, the City Council finds that the transfer of ownership of Western Foundry within the City of Tigard, and subsequest continuation of current operations at this site, would be in the best interests of the citizens of the City of Tigard. NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that: Tire City of Tigard requests the Economic Development Commission and the State of Oregon to assist in financing the transfer of ownership of Western Foundry within the City of Tigard, through the Oreogn Business Development Fund, secured by the improvement as provided by ORS 280.532. PASSED: This __ day of -- 1992. City of Tigard ATTEST: s2�Q W City Recorder - City of Tigard /h RESOLUTION NO. 92-----