Resolution No. 03-16 CITY OF TIGARD, OREGON
RESOLUTION NO. 03-�
A RESOLUTION TO AMEND THE FY 2002-03 CIP (CAPITAL IMPROVEMENT
PROGRAM)BUDGET.
WHEREAS, the Adopted FY 2002-03 CIP (Capital Improvement Program) of the City of Tigard
lists all projects authorized to be developed or constructed in FY 2002-03; and
WHEREAS,the FY 2002-03 CIP includes a project under the Street System Program funded under
the Gas Tax Fund to reconstruct North Dakota Street(Grcenburg Road to 95b Avenue); and
WHEREAS, visual inspection, confirmed by geotechnical investigation, of the street structural
section on Bonita Road from Hall Boulevard to Fanno Creek Bridge indicates that reconstruction of
that street is urgently needed at this time; and
WHEREAS, Bonita Road is a collector street in the City's transportation network and carries
significantly more traffic than North Dakota Street(a neighborhood route); and
WHEREAS,the proposed improvements on North Dakota Street can be delayed and the amount of
funding allocated to that project can be applied to the Bonita Road Reconstruction Project for the
remainder of FY 2002-03 without increasing the CIP Budget; and
WHEREAS,the FY 2002-03 CIP includes the proposed Wall Street LID (Local Improvement
District)Project with funding of$300,000 allocated for the design of the project; and
WHEREAS,it is the desire of both the City and the Oregon Department of Transportation that
the new Tigard Library projcct and the Fanno Pointe Condominiums prujcct have one common
access point to Hall Boulevard along the selected Wall Street alignment; and
WHEREAS, there is a need to separate the Hall Boulevard/Wall Street intersection and
approaches from the proposed LID so that it could be designed and constructed as a City project
to allow for that common access point; and
WHEREAS, the extension of Wall Street from that segment to connect to Hunziker Street
would remain under the proposed Wall Street LID project and would be constructed only if the
LID is successfully formed and permits are obtained to cross the wetlands,Fanno Creek, and the
existing railroad tracks; and
WHEREAS,the$300,000 available in TIF funds for engineering design costs under the Wall
Street LID Fund could be reallocated to provide$200,000 for the intersection project and
$100,000 for the Wall Street LID without changing the overall FY 2002-03 CIP Budget amount;
and
RESOLUTION NO. 03-
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WHEREAS, the Planning Commission at its meeting on April 21, 2003 approved the proposed
amendments and recommends approval to the City Council.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION L• Amendment No. 1 to the FY 2002-03 Capital Improvement Program Budget is
hereby approved to add the Bonita Road Reconstruction Project(Hall Boulevard
to Fanno Creek Bridge) to the Street System Program project list and delete the
North Dakota Street Project (Grccnburg Road to 95th Avenue)from that list. The
amount of$120,000 allocated in the FY 2002-03 CIP Budget from the Gas Tax
Fund for the North Dakota Street Project is hereby allocated for the Bonita Road
Reconstruction Project.
SECTION 2: Amendment No. 2 to the Approved FY 2002-03 Capital Improvement Program
Budget is hereby approved to establish the Hall Boulevard/Wall Street
Intersection and Approaches project as a project separate from the Wall Street
LID. The $300,000 allocated from TIF funds for the Wall Street LID project is
hereby reallocated as follows: Hall Boulevard/Wall Street Intersection and
Approaches ($200,000) and the Wall Street LID ($100,000).
SECTION 3: There shall be no changes in the overall FY 2002-03 CLP Budget amount as a
result of these amendments.
EFFECTIVE DATE:This resolution shall take effect on May 13, 2003.
PASSED: This I day of CU 2003.
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M yor citylo and
ATTEST:
City Recorder-City of Tigar
I:\Eng\Gus\Resolutions\Resolution Amending the FY 2002-03 CIP Budget.doe
RESOLUTION NO. 03- �CO
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