Resolution No. 02-11 CITY OF TIGARD, OREGON
RESOLUTION NO. 02- 11
A RESOLUTION DIRECTING THE ENGINEERING STAFF TO PREPARE A PRELIMINARY
ENGINEER'S REPORT FOR THE PROPOSED WALL STREET LOCAL IMPROVEMENT
DISTRICT AND DIRECTING THE ESTABLISHMENT OF A FUNDING MECHANISM FOR
THE PREPARATION OF THE REPORT.
WHEREAS,one of two new key alternate routes]dent]fed in Tigard's Transportation System Plan(TSP)
is the extension of Wall Street from Hunziker Street to Hall Boulevard; and
WHEREAS,this new route is projected to carry up to 7,000 vehicles per day and relieve Hall Boulevard
sufficiently to allow that street to function adequately at 3 instead of 5 lanes; and
WHEREAS,one major property owner along the proposed corridor for the road project is interested in
forming a Local Improvement District(LID) for construction of the new connector road; and
WHEREAS,an Option Agreement executed to purchase property from this land owner for the proposed
new Tigard Library requires the City to pursue formation of an LID for construction of the street; and
WHEREAS,the City agreed in that Option Agreement to provide the funding for the engineering and
constniction management of the LID improvements; and
WHEREAS,the Engineering staff prepared a Preliminary Evaluation Report which was submitted to City
Council for discussion and direction during the meeting on January 22, 2002; and
WHEREAS,the Preliminary Evaluation Report determined that the proposed LID appears feasible,
despite various major issues that need resolution, and recommended that City Council take the next step in
the LID formation process by authorizing the preparation of a Preliminary Engineer's Report; and
WHEREAS,the Preliminary Evaluation Report recognized that there is no funding currently available to
move ahead with the project and recommended that City Council direct the establishment of that funding
mechanism designating the Traffic Impact Fee(TIF)Fund as the funding source; and
WHEREAS,City Council discussed the proposed LID and indicated that the LID boundary and
improvements to be constructed by the LID are satisfactory as submitted; and
WHEREAS, City Council has directed staff to prepare a resolution authorizing preparation of a
Preliminary Engineer's Report and submit that resolution for adoption at the next Council business
meeting.
RESOLUTION NO. 02-//
Page 1
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The Engineering staff is directed to proceed with preparation of Preliminary Engineer's
Report for the proposed LID in accordance with the proposed LID boundary and
improvements as described in the Preliminary Evaluation Report.
SECTION 2: The Preliminary Engineer's Report should include the scope of work, location of the
proposed improvements,proposed district boundaries, estimated costs,proposed
assessment methods, and other information that may be relevant to the feasibility of the
improvements and district. The report should recommend approval, approval with
conditions,or dcnial.
SECTION 3: The City of Tigard shall provide the funding for preparation of the Preliminary
Engineer's Report. The initial amount needed to prepare the report and continue with
the LID formation process is approximately$325,000.
SECTION 4: The City staff is directed to establish the funding mechanism in that amount for the
engineering work using the TIF as a funding source. Any budget adjustments requiring
Council action and necessary for the establishment of the project funding shall be
brought to Council for appropriate action.
EFFECTIVE DATE: This Resolution shall be effective immediately.
r t l
PASSED: This 1 day of, t�. �uC u ,2002.
fyor-City otTigArd)p
ATTEST:
City Recorder-City of Tigard
1:\Ci1ywide\Res\Reso1ution Directing Preliminary Engineer's Report for Wall Street LID
RESOLUTION NO. 02-11
Page 2