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Resolution No. 11-07 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 11- Orr A RESOLUTION APPROVING THE PURCHASE OF THE POTSO DOG PARK PROPERTY AND AUTHORIZING THE CITY MANAGER TO COMPLETE THE PROPERTY PURCHASE WHEREAS,Potso Dog park is situated on property leased by the City;and WHEREAS, due to a change in the property's ownership,it is unlikely the City will be able to continue to lease the property; and WHEREAS, the Park System Master Plan recommends the City retain its existing dog parks, including Potso Dog Park;and WHEREAS, the Potso Dog Park property ranked fourth out of 11 properties on the Park and Recreation Advisory Board's September 2010 acquisition list;and WHEREAS, the Park and Recreation Advisory Board, using the Park System Master Plan as a guide, made an official recommendation that the City purchase the property;and WHEREAS, the Potso Dog Park property was recently acquired by a bank and was offered for sale;and WHEREAS, the Trust for Public Land has acquired an option for the City to purchase the Potso Dog Park property;and WHEREAS,Tigard voters passed a$17 million park bond measure in November 2010;and WHEREAS, 80 percent of the bond measure proceeds must be used to acquire land, including park land such as the Potso Dog Park property;and WHEREAS, the City conducted an appraisal of the property in November 2010, and the property was valued at$625,000. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The Council hereby authorizes the purchase of the Potso Dog Park property at a purchase price of Six Hundred and Twenty-Five Thousand Dollars ($625,000). SECTION 2: The Council hereby authorizes the City Manager to take all necessary steps to complete the property purchase, including the execution of the Purchase and Sale Agreement and closing documents. SECTION 3: This resolution is effective immediately upon passage. RESOLUTION NO. 11- 0 Page 1 PASSED: This day of 2011. zez_ Mayor-City of Tigard ATTEST: City Recorder-City of Tigard RESOLUTION NO. 11- D Page 2