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Resolution No. 99-55 CITY OF TIGARD,OREGON RESOLUTION NO.99-55 ARESO T 7TION TO AD UST THE FY99/00 BUDGET TO RFC:OGNIZE FUNDS RECEIVED AND a v a a APPROPROPRIATE THOSE FUNDS FOR A PARK AND RECREATION DISTRICT FEASIBILITY STUDY(BUDGET ADJUSTMENT NO.2) WHEREAS, the Tigard City Council directed staff to coordinate the contract for a park and recreation district feasibility study;and WHEREAS, the receipt of funds totaling $41,500 from the City of Sherwood, Washington County, Sherwood School District,Tigard/Tualatin School District,and the City of Durham were not included in the FY99/00 Adopted Budget;and WHEREAS,the total contract amount of$56,500 was not included in the Park Division budget. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY99/00 Adopted Budget be amended to recognize the receipt of$41,500 from those agencies participating in the feasibility study. SECTION 2: Appropriate$56,500 in the Park Division contractual expenditures,for the total cost of the feasibility study. The City of Tigard's contribution not to exceed$15,000. PASSED: This r;�Q day of 199 a -City of Tigard ATTEST: + City Recorder-City of Tigazd { { 3 I:WDM\CATHY\COUNGL\RESOLUTION BUDGET ADJUST NO.2-PARK AND REC STUDY.DOC Id RESOT .ITON O.991661 Page I