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Resolution No. 95-33 finglibil 11!11!1 1111110 i CITY OF TIGARD, OREGON RESOLUTION NO. 95- 3 _ A RESOLUTION OF THE CITY OF TIGARD APPROVING AN INCREASE IN THE LK)CAT, IMPROVEMENT DISTRICT ASSESSMENT FOR TRE OPERATION AND MAINTENANCE OF METZGER PARK WHEREAS, in 1976, a local improvement district for the operation and maintenance of Metzger ]Park was established by Washington County; and Whereas, the City of Tigard annexed approximately 54% of the parcels in the Metzger Park LID in 1987; and WHEREAS, by Resolution No. 86-53, the City Council acknowledged the Metzger community's option to continue the LID in the event of annexation to the City of Tigard; and W.112REAS, the maximum annual operations and maintenance asao_ssmont for Hetzgaar Park was inc-eased to $40,500 in May, 1988 after annexation of a portion of the district to the City of Tigard; and WII S, the LID assessment is annually charged against the non-school taxing districts tax limit of $10.00 per $1,000 of assessed valuaticn, and WHEREAS, Washington County compiles a Tax Coordination Plan annually, which in part forecasts the future tax rate for all non-school taxing districts; and WHEPXAS, the current revenue received by Metzger Park are inadequate to sustain continued operation an maintenance at an appropriate level. NOW, THEREFORE, BE Ii RESOLVED by the Tigard City Council that: Section 1: The ongoing maximum annual operations and maintenance assessment for Metzger Park in an amount not. to exceed $60,500 is hereby approved. Section 2: In the event the Tax Coordination Plan forecasts the tax rate within the City of Tigard nearing the limit, imposed by Article XI, Section lib of the Oregon Constitution, by reaching $9.00 per $1,000 of assessed valuation,. the City of Tigard will confer with Washington County to determine a means by which the City of Tigard's ability to levy taxes within the property tax limitation is not impeded by the LID assessment for Metzger Park. RESOLUTION NO. 95- '33 Page 1 IRA IiiiIiiii PSSSED: This I/ day of , 1995. -4 of - City of Tigard ATTEST: City Recorder - City of Tig 3 h:\louin\cathyVnetz.res RESOLUTION NO. 95- Page 2