CCDA Resolution No. 16-02 CITY OF TIGARD, OREGON
CITY CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 16- 1.
A RESOLUTION ADOPTING THE FISCAL YEAR 2016-2017 BUDGET, WITH ADJUSTMENTS,
MAKING APPROPRIATIONS,AND IMPOSING AND CATEGORIZING TAXES.
WHEREAS, four hearings by the City Center Development Agency Budget Committee on the budget
document, as proposed by the City Manager, were duly called and held on April 20, 2016 and May 2, 2016
where all interested persons were afforded an opportunity to appear and be heard with respect to the budget;
and
WHEREAS, the budget for the City Center Development Agency for the year beginning July 1,2016 was duly
approved and recommended to the City Center Development Agency Board of Directors by the regularly
constituted Budget Committee at its meeting on May 2, 2016, after proceedings in accordance with Chapter
294,Oregon Revised Statutes;and
WHEREAS,a summary of the budget as required by Chapter 294.438 was duly published in the Tigard Times,
a newspaper of general circulation in the city in accordance with Chapter 294.448;and
WHEREAS,a hearing by the City Center Development Agency Board of Directors on the budget document as
approved by the Budget Committee, was duly called and held on June 14, 2016,where all interested persons
were afforded an opportunity to appear and be heard with respect to the budget;
NOW,THEREFORE,BE IT RESOLVED by the City Center Development Agency Board of Directors that:
SECTION 1: The City Center Development Agency Board of Directors adopts the budget for FY 2016-17
as approved by City Center Development Agency Board of Directors following the budget
heating on June 14,2016.
SECTION 2: The amounts approptiated for each fund for the fiscal year beginning July 1,2016,are shown
on the attached—Exhibit A Schedule of Appropriations as approved by Budget Committee
on May 2, 2016 with adjustments made by City Center Development Agency Board of
Directors during the hearing on June 14,2016.
SECTION 3: The City Center Development Agency Board of Directors certifies to the county assessor of
the County of Washington,Oregon a request for the maximum amount of revenue that may
be raised by dividing the taxes under Section lc,Articles IX of the Oregon Constitution and
ORS Chapter 457.
SECTION 4: This resolution is effective immediately upon passage.
RESOLUTION NO. 16- O 2
Page 1
PASSED: This 1 1 t p\�day of VAC- 2016.
Chairl City-of Tigard
City griter Development Agency
ATTEST:
City recorder-City of Tigard 16ty Center Development Agency
RESOLUTION NO. 16- 2
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Exhibit A - SCHEDULE OF APPROPRIATIONS
Budget
Committee Council
Fund Program Proposed Changes ,approved Changes Adopted
Urban Renewal Debt Service
Policy and Administration 0 0 0 0 0
Community Development 0 0 0 0 0
Community Services 0 0 0 0 0
Public Works 0 0 0 0 0
Debt Service 167,000 0 167,000 0 167,000
Loan to CCDA 0 0 0 0 0
Transfer 629,000 0 629,000 0 629,000
Capital Improvements 0 0 0 0 0
Contingency 0 0 0 0 0
796,000 0 796,000 0 796,000
Urban Renewal Capital Improvements
Policy and Administration 0 0 0 0 0
Community Development 0 0 0 187,000 187,000
Community Services 0 0 0 0 0
Public Works 0 0 0 0 0
Debt Service 0 0 0 0 0
Loan to CCDA 0 0 0 0 0
Transfer 0 0 0 0 0
Capital Improvements 1,207,000 0 1,207,000 -187,000 1,020,000
Contingency 0 0 0 0 0
1,207,000 0 1,207,000 0 1,207,000
All Funds
Policy and Administration 0 0 0 0 0
Community Development 0 0 0 187,000 187,000
Community Services 0 0 0 0 0
Public Works 0 0 0 0 0
Debt Service 167,000 0 167,000 0 167,000
Loan to CCDA 0 0 0 0 0
Transfer 629,000 0 629,000 0 629,000
Capital Improvements 1,207,000 0 1,207,000 -187,000 1,020,000
Contingency 0 0 0 0 0
2,003,000 0 2,003,000 0 2,003,000
Exhibit B
Technical Adjustment to the 2016- 17
Approved Budget
City Center Development Agency
Summary
Below is a Technical Adjustment. Technical Adjustments are changes to the Approved Budget that come
from as recommendations from staff. The item below has a brief description and details the change to the
Schedule of Appropriations.
#1: Urban Renewal Capital Improvement Program
A request is being made to add the Community Development operating program to the Capital Improvement
Program for CCDA.This addition will allow for a better distinction between programmatic and capital
projects within the fund.A total of$187,000 of budget will be moved from capital expenditures to
Community Development.This change has no net budgetary impact.
Urban Renewal Capital Improvements Fund
Recommended Recommended
Program Approved Council Change Adopted
Policy &Admin. $0 $0 $0
Comm. Develop. 0 187,000 187,000
Comm. Services 0 0 0
Public Works 0 0 0
Debt Service 0 0 0
Loan to CCDA 0 0 0
Transfers 0 0 0
Capital Improvements 1,207,000 (187,000) 1,020,000
Contingency 0 0 0
Total Fund $1,207,000 $0 $1,207,000
1 P a1 C