Resolution No. 17-23 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 17-a3
A RESOLUTION APPROVING AN APPLICATION FOR A METRO 2040 PLANNING AND
DEVELOPMENT GRANT TO FUND A TIGARD TRIANGLE URBAN RENEWAL
IMPLEMENTATION PLAN
WHEREAS, Metro has a new cycle of funding available for the 2040 Community and Development Grant
Program,designed to help cities remove barriers to development;and
WHEREAS,the Tigard Triangle is within the Tigard Town Center;and
WHEREAS, the City has developed the Tigard Triangle Strategic Plan (II'SP) and Tigard Triangle Urban
Renewal Plan (ITURP). These plans provide a long range vision to diversify the mix of uses, improve
connectivity for all travel modes, create a safe and enjoyable walking environment, provide parks and open
space,affordable housing,public infrastructure,and protect natural amenities in the Tigard Triangle;and
WHEREAS,the City of Tigard voters elected to create the Tigard Triangle Urban Renewal District in order to
fund$188 million in investment through tax increment financing over 35 years;and
WHEREAS, the City seeks to identify optimal urban renewal investments, sites, projects and partnerships in
order to facilitate development,redevelopment and infill to create a pedestrian-oriented,mixed-use district.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: Council approves submittal of an application for a Metro 2040 Community Planning and
Development Grant to complete predevelopment activities to guide Tigard Triangle Urban
Renewal Investments.
SECTION 2: This resolution is effective immediately upon passage.
PASSED: This day- of StItIV- 2017.
Mayo -City of Tigard
ATTEST:
Deputy Ci ecorder-City Of T' rd
RESOLUTION NO. 17-a 3
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