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<br />AGENCY OPTIONS <br />Particular requests requiring more information or discussion may be removed from the <br />Supplemental Budget and delayed for action in a future Supplemental Budget. In certain cases, <br />there may be financial, legal or operational impacts to delaying budget approval. <br /> <br />A delay in appropriating funding for the Agripac building relocation will result in a budget <br />violation due to the FY13 expenditures in excess of the legal appropriation limit that have already <br />been incurred. A delay in appropriation of funds for the NWCCU system development charges will <br />not have an immediate impact, but will require a Supplemental Budget action in FY14 due to this <br />expense being a condition of the property sale. <br /> <br /> <br />AGENCY DIRECTOR’S RECOMMENDATION <br />The Urban Renewal Agency Director recommends approval of the attached resolution adopting <br />the Supplemental Budget. <br /> <br /> <br />SUGGESTED MOTION <br />Move to approve a resolution adopting a Supplemental Budget; making appropriations for the <br />Urban Renewal Agency of the City of Eugene for the Fiscal Year beginning July 1, 2012, and ending <br />June 30, 2013. <br /> <br /> <br />ATTACHMENTS <br />A. Transaction Summary <br />B. Resolution <br /> <br /> <br />FOR MORE INFORMATION <br />Staff Contact: Pavel Gubanikhin <br />Telephone: 541-682-5512 <br />Staff E-Mail: Pavel.E.Gubanikhin@ci.eugene.or.us <br /> <br /> <br />OR <br /> <br />Staff Contact: Mia Cariaga <br />Telephone: 541-682-5408 <br />Staff E-Mail: Mia.Cariaga@ci.eugene.or.us <br /> <br /> <br /> <br /> S:\CMO\2013 Council Agendas\M130624\S1306246.docx.doc <br />