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RESOLUTION NO. 1060 <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 JULY 1 2010. <br />AND ENDING JUNE 30 2011 <br />The Urban Renewal Agency of the City of Eugene finds that adopting the Supplemental Budget <br />and making 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 as follows: <br />Section 1. <br />That the Supplemental Budget for the Urban Renewal Agency of the City of Eugene, <br />Oregon, for the fiscal year beginning July 1, 2 and ending June 30, 2011, as set <br />forth in attached Exhibit "A" is hereby adopted. <br />Section 2. <br />The supplemental amounts for the fiscal year beginning July 1, 2010, and ending June <br />30, 2011, and for the purposes shown in attached Exhibit "A" are hereby appropriated. <br />�Qrt;nr <br />That this Supplemental Budget 'i's prepared in accordance with ORS 2 94.4 S 0 (1) (a), <br />which authorizes the formulation of a supplemental budget resulting from "An <br />occurrence or condition which had not been ascertained at the time of the preparation <br />of a budget for the current year or current budget period which requires a change in <br />financial planning." This Supplemental Budget was published in accordance with <br />ORS 294.480(4). <br />Cpot; An d <br />This resolution complies with ORS 294.480(5), and does not authorize an increase in <br />the levy of property taxes above the amount published in the Annual Budget <br />publication. <br />The foregoing resolution adopted this 27th day of June, 2011. <br />Director <br />