TCDA Resolution No. 20-02 CITY OF TI GARD, OREGON
TOWN CENTER DEVELOPMENT AGENCY
RESOLUTION NO. 20-02
A RESOLUTION ADOPTING THE FISCAL YEAR 2020-2021 BUDGET, WITH ADJJSTMENT"S
MAKING APPROPRIATIONS AND IMPOSING AND CATEGORIZING TAXES
WHEREAS one hearing by the Town Center Development Agency Budget Committee on the budget
document, as proposed by the Executive Director, was duly called and held on May 16, 2020, where all
interested persons were afforded an opportunity to appear and be heard with respect to the budget; and
WHEREAS the budget for the Town Center Development Agency for the year beginning July 1, 2020 was
duly approved and recommended to the Town Center Development Agency Board of Directors by the
regularly constituted Budget Committee at its meeting on May 16, 2020, after proceedings in accordance with
Chapter 294, Oregon Revised Statutes; and
WHEREAS a summary of the budget as requi red by Chapter 294.438 was duly published in the Tigard Times,
a newspaper of generai circulation in thecity in accordancewith Chapter 294.448; and
WH EREA$ a hearing by the Town Center Development Agency Board of D irectors on the budget document
as approved by the Budget Committee, was duly called and held on June 16, 2020,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 Town Center Development Agency Board of Directors
that:
SECTION 1: The Town Center Development Agency Board of D i rectors adopts the budget for FY 2020-
21 as approved by Town Cuter Development Agency Board of Directors following the
budget hearing on Jane 16, 2020.
SECTION 2: The amounts appropriated for each fund for thefiscel year beginning July 1, 2020, are shown
on the attached — Exhibit A Schedule of Appropriations as approved by Budget Committee
on May 16, 2020 with adjustments male by Town Center Development Agency Board of
D i rectors during the hearing on June 16, 2020.
SECTION 3: The Town 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 takes under Section 1c, Articles I X of the Oregon Constitution
and O RS Chapter 457.
SECTION 4: This resolution is effective immediately upon passage
PASSED: This 16th day of June, 2020
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Char—City of Tigard
ATTEST: Town Center Development Agency
Deputy City Recorder- City igard
Town Center Development Agency
RESOLUTION NO.20-02
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