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HomeMy WebLinkAboutURA Resolution No. 1031 URBAN RENEWAL AGENCY RESOLUTION NO. 1031 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET, MAKING APPROPRIATIONS AND DECLARING THE AMOUNT OF TAX TO BE RECEIVED FOR THE FISCAL YEAR BEGINNING JULY 1, 2004, AND ENDING JUNE 30, 2005. DATE SUBMITTED: June 28, 2004 PASSED: 8/0 OPPOSED: ABSENT: REJECTED: EFFECTIVE: IMMEDIATELY RESOLUTION NO. 1031 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET, MAKING APPROPRIATIONS AND DECLARING THE AMOUNT OF TAX TO BE RECEIVED FOR THE FISCAL YEAR BEGINNING JULY 1, 2004, AND ENDING JUNE 30, 2005. The Urban Renewal Agency of the City of Eugene finds that adopting the budget and making appropriations is necessary under ORS 294.305 to ORS 294.565. NOW, THEREFORE, BE IT RESOLVED by the Urban Renewal Agency of the City of Eugene, as follows: Section 1. The budget for the Urban Renewal Agency of the City of Eugene for the Fiscal Year beginning July 1, 2004, set forth in attached Exhibit "A" is hereby adopted. Section 2. The amounts for the Fiscal Year beginning July 1, 2004 and for the purposes shown in the attached Exhibit "A" are hereby appropriated. Section 3. That the following be certified to the County Assessor of Lane County, Oregon: The Downtown Plan Area is an Option One plan that shall receive the maximum amount of revenue that may be raised by dividing the taxes under section lc, Article IX, of the Oregon Constitution, and the remainder of authority shall be raised through the imposition of a special levy. The Riverfront Plan Area shall receive the maximum amount of revenue that may be raised by dividing the taxes under section lc, Article IX, of the Oregon Constitution. This plan shall be certified under the "Window Plan" section of the certification form. Section 4. That the City Recorder is hereby requested to certify the levies as herein made and set forth to the County Assessor of Lane County, Oregon, and shall file with the County Assessor a copy of the budget as finally adopted, and such other documents as required by ORS 294.555(3). Section 5. The list of fund numbers and fund titles set forth in attached Exhibit "B" is hereby adopted, and any fund numbers or fund titles in conflict herewith are hereby repealed. The foregoing Resolution adopted this 28th day of June, 2004. Director EXHIBIT A Urban Renewal Agency URA General Fund Department Operating Planning and Development 271,964 Total Department Operating 271,964 Non-Departmental Miscellaneous Fiscal Transactions 1,417,817 Balance Available 45,330 Total Non-Departmental 1,463,147 Total URA General Fund 1,735,111 URA Debt Service Fund Department Operating Non-Departmental Interfund Transfers 271,964 Intergovernmental Expenditures 2,345,000 Reserve 4,501,038 Total Non-Departmental 7,118,002 Total URA Debt Service Fund 7,118,002 URA Riverfront General Fund Department Operating Planning and Development 119,757 Total Department Operating 119,757 Non-Departmental Interfund Transfers 448,750 Total Non-Departmental 448,750 Total URA Riverfront Fund 568,507 URA Riverfront Cal~ital Proiects Fund Total Capital Projects 747,960 Non-Departmental Debt Service 2,636,350 Balance Available 18,802 Total Non-Departmental 2,655,152 Total URA Riverfront Capital Projects Fund 3,403,112 Total Resolution 12,824,732 Exhibit B Urban Renewal Agency Rel~ortin~l Fund* Mana~lin~l Fund Fund Titles 810 817 Urban Renewal Agency General Fund 812 812 Urban Renewal Agency Debt Service Fund 821 821 Riverfront General Fund 823 823 Riverfront Capital Projects Fund *Urban Renewal Agency appropnates and reports to these combined funds. Exhibit B - Page1