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Resolution No. 94-42 CITY OF TIGARD, OREGON RESOLUTION NO. a A RESOLUTION OF,THE CITY COUNCIL, CITY OF TIGARD, OREGON, TO ADOPT THE TIGARD WATER DISTRICT SYSTEM ASSETS AND LIABILITY REPORT AS { REVISED BY THE INTERGOVERNMENTAL WATER BOARD (IWB) WHEREAS, the Tigard Water District, in accordance with Section 4 of the Intergovernmental Agreement (hereinafter "Agreement") between the City of Tigard and the Tigard Water District for Delivery of Water Service to Territories Within the District Boundaries has caused preparai. 0ii of a Srstc^ sets •-nd Liability Report; and WHEREAS, the Tigard Water District accepted the report with amendments on September 12, 1994; and WHEREAS, the Intergovernmental Water Board reviewed the Tigard Water District's actions and further amendments as proposed by Tigard Water District and its consultants, Economic & Engineering Services, Inc. , and unanimously voted to recommend that the cities of Durham, King City, and Tigard formally adopt the plan; and WHEREAS, the City of Tigard acknowledges that it has reviewed the report and amendments and finds its contents to be consistent with the direction given to the IWB participants within Section 4 of the Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TIGARD THAT: SECTION 1: The conclusions contained within the Tigard Water District System Assets and Liability Report as revised by the Intergovernmental Water Board (IWB) are accepted and adopted. PASSED: By W)6f,f')•!MOUZ vote of all Council members present after being read by number and title only, this, -?Z � day of L-Ae�g-rJ, _ 1994. lathy Wheatley City &corder APPROVED: This-C7�-Oday of a. SVG. 1994. J c wartz, -Mayor Approved as to form: -�GGG-GC�LIi ;-S., i City Attorn Date: wamWch\90024\iwa�erb rel