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Item 5: PH on URA Supplemental Budget
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Item 5: PH on URA Supplemental Budget
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3/9/2006 10:29:39 AM
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Agenda Item Summary
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3/13/2006
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<br />Resolution Number 1038 <br />A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; <br />MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY <br />OF THE CITY OF EUGENE <br />FOR THE FISCAL YEAR BEGINNING, <br />AND ENDING. <br />The Eugene City Council acting in their capacity as the Board of the Urban Renewal <br />Agency of the City of Eugene finds that adopting the Supplemental Budget and making <br />appropriations is necessary under ORS 294.480. <br />NOW THEREFORE, <br />BE IT RESOLVED BY THE URBAN RENEWAL AGENCY OF THE CITY OF <br />EUGENE <br />as follows: <br />Section 1. <br />ThattheSupplementalBudgetfortheUrbanRenewalAgencyoftheCityof <br />Eugene,Oregon,forthefiscalyearbeginning,andending <br />, as set forth in attached Exhibit "A" is hereby adopted. <br />Section 2. <br />Thesupplementalamountsforthefiscalyearbeginning,andending <br />,andforthepurposesshowninattachedExhibit"A"arehereby <br />appropriated. <br />Section 3. <br />ThatthisSupplementalBudgetispreparedinaccordancewithORS294.480(1)(a), <br />whichauthorizestheformulationofasupplementalbudgetresultingfrom"An <br />occurrenceorconditionwhichhadnotbeenascertainedatthetimeofthe <br />preparationofabudgetforthecurrentyearorcurrentbudgetperiodwhichrequires <br />achangeinfinancialplanning."ThisSupplementalBudgetwaspublishedin <br />accordance with ORS 294.480(4). <br />Section 4. <br />ThisresolutioncomplieswithORS294.480(5),anddoesnotauthorizeanincrease <br />inthelevyofpropertytaxesabovetheamountpublishedintheAnnualBudget <br />publication. <br />The foregoing resolution adopted this 15th day of Marc <br />h <br />Director <br /> <br />
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