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Resolution No. 02-44 CITY OF TIGARD, OREGON RESOLUTION NO. 02- 44 A RESOLUTION OF THE CITY OF TIGARD APPROVING AN INCREASE IN THE LOCAL IMPROVEMENT DISTRICT (LID) ASSESSMENT FOR THE OPERATION AND MAINTENANCE OF METZGER PARK WHEREAS, in 1976, a local improvement district (LID) 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 86-53, the Tigard City Council acknowledged the Metzger community's option to continue the LID in the event of annexation to the City of Tigard; and WHEREAS, the maximum annual operations and maintenance assessment for Metzger Park was increased to $40,500 in May, 1988 after annexation of a portion of the district to the City of Tigard; and WHEREAS, the maximum annual operations and maintenance assessment for Metzger Park was increased to$60,500 in July 1996; 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 WHEREAS, the current revenues received by Metzger Park are inadequate to sustain continued operation and maintenance at an appropriate level NOW, THEREFORE,BE IT 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 $90,5000 is hereby approved subject to insufficient remonstrances being received by the County thereby preventing the assessment process. SECTION 2: This resolution is effective immediately upon passage. PASSED: Thisday of &t 2002. ayor- Ci of Ord ATTEST: F' 1 Greer A. Gaston,Deputy City Recorder RESOLUTION NO, 02 - 44 Page 1