Resolution No. 00-45 CITY OF TIGARD,OREGON
RESOLUTION NO.00-yS
A RESOLUTION APPROVING BUDGET AMENDMENT #1 TO THE FY 2000-01 ADOPTED
BUDGET (PARKS SDC FUND)TO ALLOW EXPENDITURE OF CARRY-OVER FUNDS ON THE
MAIN/ASH TRAIL AND APPROVING CIP AMENDMENT#1 TO THE FY 20GO-01 CTP.
WHEREAS,$200,000 was appropriated in the FY 1999-00 City Budget for the Main/AshTrail along Fanno
Creek,and
WHEREAS, the amount of$260,000 was estimated during FY 1999-00 as the amount needed to acquire
two properties required for the project,and
WHEREAS,the purchase agreements were initiated in FY 1999-00,but the actual closing on the properties
was delayed pending environmental testing during the due diligence period,and
WHFR P A C the artnal na.m,Pntc fnr the t.vo prnnPrties will nrrnr in Fv')nn _A1 and
WHEREAS, the FY 2000-01 budget was built assuming all FY 1999-00 Main/Ash Trail funds would be
spent in FY 1999-00,and
WHEREAS, it is necessary to amend the FY 2000-01 City budget to increase funding for the Main/Ash
Trail to complete the property acquisition and to construct the project during the summer months,and
WHEREAS, it is necessary to amend the FY 2000-01 Capital Improvement Program(CIP)to reflect the
higher funding amount for the Main/Ash Trail in FY 2000-01.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2000-01 Adopted Budget of the City of Tigard is hereby amended as shown in
Attachment A to this reolution.
SECTION 2: The FY 2000-01 City of Tigard Capital Improvement Program (CIP) is amended to
increase funding for the Main/Ash Trail project in the Parks System Program from
$190,000 to$260,000.
PASSED: This day ofd 2000.
'21*and
ATTEST: Council President — Brian Moore
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City Recorder-City of Tigard
isFin/Budget0l/Ann dr ts/1 Main-Ash Trail.doc
RESOLUTION NO.00-45-
Page 1
Attachment A
FY 2000-01
Budget Amendment# 1
Budget FY 2000-01
FY 2000-01 Amendment Revised
Budget ::1 Budget
Parks SDC Fund
Resources
Beginning Fund Balance 820,870 820,870
Other Revenues 411,000
Other Resources 185,000 185,000
TM.1 $1,416,870 $0 $1,416,870
Requirements
Community Service Program 0 0
Public Works Program 0 0
Development Services Program 2,038 2,038
Policy&Administration Program 82 82
General Government 0 0
Program Total $2,120 $0 $2,120
Capital Improvements $1,245,899 $70,000 $1,315,899
Transfers to Other Funds 0 0
Contingency 167,231 (70,000) 97,231
Total Requirements $1,415,250 $0 $1,415,250
Ending Fund Balance 1,620 1,620
Grand Total $1,416,870 $0 $1,416,870
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