Resolution No. 15-39 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 15-n
A RESOLUTION OF THE TIGARD CITY COUNCIL SUBMITTING TO THE VOTERS A
REFERRAL TO BE CONSIDERED AT THE NOVEMBER 3, 2015 ELECTION, TO
AUTHORIZE THE CITY TO ISSUE UP TO $34,500,000 OF GENERAL OBLIGATION
BONDS FOR A TIGARD COMMUNITY AND RECREATION CENTER
WHEREAS, after due consideration, the Tigard City Council has decided to forward a referral to the
voters.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: An election is hereby called in and for the City of Tigard, Washington County,
Oregon, for the purpose of submitting to the legal voters the question of whether
Tigard should be authorized to issue up to $34,500,000 of general obligation bonds
for a community and recreation center.
SECTION 2: The measure election hereby called shall be held in the City of Tigard on the 3"' day
of November, 2015. The election shall be conducted by mail pursuant to ORS
254.465 and 254.470.
SECTION 3: The Tigard City Council authorizes the mayor,the city manager(each an"authorized
representative") or a designee of the authorized representative to act on behalf of the
City of Tigard and to take such further action as is necessary to carry out the intent
and purposes herein in compliance with the applicable provisions of law.
SECTION 4: Pursuant to ORS 250.285 and ORS 254.095, the Tigard City Council directs the city
elections officer to file a Notice of City Measure Election in substantially the form of
Exhibit A with the Washington County Elections Office, unless,pursuant to a valid
ballot tide challenge, the Tigard City Council certifies a different Notice of City
Measure Election be filed, such filing shall occur no earlier than the eighth business
day after the date on which Exhibit A is filed with the city elections officer and not
later than September 3,2015.
SECTION 5: The city elections officer is further instructed to publish notice of receipt of the ballot
title in a newspaper of general distribution in compliance with ORS 250.275(5).
SECTION 6: Pursuant to ORS 251.345,the Tigard City Council directs the city manager to prepare
a Measure Explanatory Statement for publication in the county voters'pamphlet; said
statement shall be filed with the Washington County Elections Office at the same
time the Notice of City Measure Election is filed by the city elections officer.
SECTION 7: If this referral is approved at the November 3,2015 election, the City Council will be
authorized to adopt a resolution to formally authorize the sale of the bonds,and the
City may take whatever other actions are necessary to issue up to $34,500,000 of
Page 1 —Resolution No. 15--3q 50014-36797@BCL@74142C331S/7/11/2015
general obligation bonds to pay for capital costs to provide a community and
recreation center,including costs to acquire property and construct a community and
recreation center,parking lot and related amenities,and to finance issuance costs.
SECTION 8: This resolution is effective immediately upon passage.
PASSED: 'flus D 9 t h day of S k X 92015.
Mayoo-City of Tigard
ATTEST:
City Recorder-City of Tigard
Page 2—Resolution No. 15-- 9 50014-36797 @BCL@74142C331S/7/212015
EXHIBIT A
NOTICE OF CITY MEASURE ELECTION
Notice of Measure Election SEL 802
Cityrev 1.'14:ORS 250.035,250.041,
1. 250.275,250.285,254.095,254.465
Notice
Date of Notice Name of City or Cities Date of Election
City of Tigard November 3,2015
The following is the final ballot title of the measure to be submitted to the city's voters.
Final Ballot Title Notice of receipt of ballot title has been published and the ballot title challenge process has been completed.
Caption 10 words which reasonably identifies the subject of the measure
Authorizes General Obligation Bonds For Tigard Community and Recreation Center
Question 20 words which plainly phrases the chief purpose of the measure
Shall Tigard Be Authorized To Issue Up To$34,500,000 Of General Obligation Bonds For A Community and Recreation Center?
If the bonds are approved,they will be payable from taxes on property or property ownership that are not subject to the limits of
sections 11 and l lb,Article XI of the Oregon Constitution.
Summary 175 words which concisely and impartially summarizes the measure and its major effect
This Measure would authorize the City to issue up to$34,500,000 of general obligation bonds to pay for capital costs to provide a
community and recreation center,including to acquire property and construct a community and recreation center,parking lot and related
amenities,and finance issuance costs. The primary purpose of the community and recreation center is to provide community event
space,athletic,fitness and recreational facilities.
The City expects the community and recreation center to be operated by a non-profit organization,such as the YMCA.
This measure is estimated to result in a tax of$0.51 per$1,000 of assessed value per year,or approximately$122 per year on a home
assessed at$240,000.
The bonds may be issued in multiple series and each series may mature over no more than 21 years. Property taxes are assessed after
bonds are issued.
Explanatory Statement 500 words that impartially explains the measure and its effect,if required attach to this form
If the county is producing a voters'pamphlet an explanatory statement must be submitted for any measure referred by the city
governing body and if required by local ordinance,for any initiative or referendum.
Measure Type County producing voters' pamphlet Local ordinance requiring submission Explanatory statement required
®Referral ®Yes ❑No Not applicable ®Yes ❑No
❑Initiative ❑Yes ❑No ❑Yes ❑No ❑Yes ❑No
❑Referendum ❑Yes ❑No ❑Yes ❑No ❑Yes ❑No
Authorized City Official Not required to be notarized
4 By signing this document, I hereby state that I am authorized by the city to submit this Notice of Measure Election and I certify that
notice of receipt of ballot title has been published and the ballot title challenge process for this measure completed.
Name Title Work Phone
Signature Date Signed
Exhibit A 50014.36797 QBCLQ74142C33W7/21/2015