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Resolution No. 99-44 CITY OF TIGARD,OREGON RESOLUTION NO.99-U� A RESOLUTION AMENDING AN INTERGOVERNMENTAL AGREEMENT WITH METRO TO OBTAIN FUNDING FOR CERTAIN OPEN SPACE AND TRAIL ACQUISITION OR ENHANCEMENT PROJECTS PURSUANT TO THE LOCAL SHARE COMPONENT OF THE METRO OPEN SPACES GENERAL OBLIGATION BOND MEASURE. WHEREAS, On May 19, 1995, the electors of Metro, a metropolitan service district,approved a ballot measure authorizing Metro to issue$135.6 million in bonds for open space,parks,trails,and streams(the "Measure");and WHEREAS, the Measure provided$25 million from bond proceeds be expended by local parks providers for specified projects;and WHEREAS, the City is a local parks provider that has received approval for funding for projects as specified by the Measure;and WHEREAS, the City and Metro entered into a contract to expend the pass-through funds to implement certain listed projects. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The City's project list,which was submitted to Metro in September 1997, is hereby modified as set forth and attached as Exhibit"A". The modification is based on the following findings. A. The Council finds that the purchase price of the Cache Creek forest parcel located within the Bull Mountain target arca exceeds the amount allocated for land acquisition within this area. B. The Council finds that the amount budgeted for the Tualatin River Pedestrian Bridge Design exceeds the amount needed to complete this project by$43,500. Council therefore wishes to re-allocate this$43,500 in surplus funds to the purchase of the Cache Creek forest parcel in the Bull Mountain target area. GC. The Council wishes to transfer$22,525 in fimds budgeted for land acquisition within the Fanno Creek Trail target area to the purchase of the Cache Creek forest parcel in the Bull Mountain target area. H D. Council finds that the Fanno Creek Trail Corridor project earmarks funds for the q acquisition of land within the trail corridor. Council finds that the restoration and eru,aucenieut of disturbed areas and the construction of"irails are eligible activities aunder the Greenspaces Bond measure. Council therefore wishes to modify the paraf,ieters of this project to inc ludo natural area restoration and trail construction as RESOLUTION NO.99-11� Page 1 elements of the Fanno Creek Trail Corridor project. Council also wishes to extend the northern boundary of the project area from Tiedeman Avenue to Tigard Street. This new boundary replicates the boundary of the Fanno Creek Trail Corridor ® Regional Target Area E. The Colmcil finds that a public press identical to rhe process used to select the initial sites was used to recommend the modification. The City Council considered the modification at its regular meeting on May 11, 1999. F. The Council finds that the modification has been discussed with and received tentative approval from Mel Huie,Local Share Coordinator of Metro's Regional Parks and Greenspaces Department. G. The Council acknowledges the modification to the list will not increase Metro's financial obligations under the existing intergovernmental agreement. PASSED: This rPo t d day of ,1999. yor-City of Tigard ATTEST: (�-dlPil fn.l (.R A City Recorder-City of Tigard i_\citywide\ s4p=wp=1GA.am=d.dw 4 0 H ti H RESOLUTION NO.99-4q Page 2 ® Exhibit "A" v City of Tigard Greenspace Project List and Budget Project Old$ New Tualatin River Tracts 25,000 25,000 Activity: land acquisition Status: complete Fern Street Forest Parcel 125,000 125,000 Activity: land acquisition Status: complete Bull Mountain Forest Area(Cache Creek) 279,000[+66,025] 345,025 Activity: land acquisition Status: complete Tualatin Fiver Pedestrian Bridge Design 50,000[-43,500] 6,500 Activity: preliminary design Status: complete Fanno Creek Trail Corridor 279,000[-22,525] 256,475 Activity: land acquisition trail construction natural area restoration Status: on-going 1 Total 758,000 758,000 i i /II rt_/A./d nc,noCL,135•_1�9