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TCDA Resolution No. 19-01 CITY OF TIGARD, OREGON TOWN CENTER DEVELOPMENT AGENCY RESOLUTION NO. 19- U i A RESOLUTION FINDING THAT BUILDING A PUBLIC RESTROOM IN THE ROTARY PLAZA BENEFITS THE CITY CENTER URBAN ' RENEWAL AREA AND APPROVING A MINOR AMENDMENT TO THE CITY CENTER URBAN RENEWAL PLAN WHEREAS,Public restrooms are a project provided for under Public Facilities in the City Center Urban Renewal Plan, and WHEREAS,a public restroom is proposed to be constructed as part of the Rotary Plaza in the City Center Urban Renewal Area,and WHEREAS, the Plan requires that prior to the expenditure of tax increment revenues for any Public Facilities projects,the Agency must adopt a Minor Amendment to the Plan,and WHEREAS,the provision of a public restroom in the Rotary Plaza will benefit the City Center Urban Renewal Area. The public restroom will be an amenity for visitors to downtown Tigard and will make the Tigard Street Heritage Trail and Rotary Plaza more practical for public events -like street fairs and farmers markets.A farmer's market currently operates six months out of the year off of Main Street,and five annual events draw thousands of visitors to the City Center Urban Renewal Area.At this time,the closest public restroom is located a half mile away near the Jim Griffith Memorial Skate Park,and WHEREAS,the public restroom will be located just off Main Street the most important commercial street in the City Center Urban Renewal Area. Since all users of the public restroom will be visitors to the City Center Urban Renewal District, 100% of the restroom will benefit the area,and WHEREAS,it is appropriate that 100%of the Public Restroom be funded by urban renewal,since 100% of the benefits accrue to the area. NOW,THEREFORE,BE IT RESOLVED,by the Tigard Town Center Development Agency that: SECTION 1: The proposed public restroom in the Rotary Plaza is an eligible project authorized by the City Center Urban Renewal Plan. SECTION 2: The Agency approves the findings and explanation stated above as a minor amendment to the City Center Urban Renewal Plan. SECTION 3: This resolution is effective immediately upon passage. PASSED: This day of +0"'i - V -52019. TCDA Resolution No. 19- Page 1 ChCity of Tigard Town Center Development Agency ATTEST: 'epvfy Recorder—City of Tigard Town Center Development Agency TCDA Resolution No. 19-, Page 2