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HomeMy WebLinkAboutURA Resolution No. 1045 -=~=- URBAN RENEWAL AGENCY RESOLUTION NO. 1045 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 1, 2007, AND ENDING JUNE 30, 2008. DATE SUBMITTED: December 10,2007 PASSED: 7:1 OPPOSED: Bettman ABSENT: RECUSED: REJECTED: Resolution Number 1045 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JUl,Y 1, 2007, AND ENDING JUNE 30, 2008. The Urban Renewal Agency of the City of Eugene finds that adopting the Supplemental Budget and making appropriations is necessary under ORS 294.480. NOW THEREFORE, BE IT RESOLVED BY THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE as follows: Section 1. That the Supplemental Budget for the Urban Renewal Agency of the City of Eugene, Oregon, for the fiscal year beginning July 1, 2007, and ending June 30, 2008, as set forth in attached Exhibit "A" is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning July 1, 2007, and ending June 30, 2008, and for the purposes shown in attached Exhibit "A" are hereby appropriated. Section 3. That this Supplemental Budget is prepared in accordance with ORS 294.480(1)(a), which authorizes the formulation of a supplemental budget resulting from "An occurrence or condition which had not been ascertained at the time of the preparation of a budget for the current year or current budget period which requires a change in financial planning." This Supplemental Budget was published in accordance with ORS 294.480(4). Section 4. This resolution complies with ORS 294.480(5), and does not authorize an increase in the levy of property taxes above the amount published in the Annual Budget publication. The foregoing resolution adopted this 10th day of December, 2007. EXHIBIT "A" In dollars URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND Departmental Operating Planning and Development Total Departmental Operating 350,000 350,000 Non-Departmental Miscellaneous Fiscal Transactions Total Non-Departmental 205,962 205,962 TOTAL URA DOWNTOWN GENERAL FUND 555,962 URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Non-Departmental Interfund Transfer * Balance Available Total Non-Departmental 350,000 (273,333) 76,667 TOTAL URA DOWNTOWN DEBT SERVICE FUND 76,667 URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects (116,336) (116,336) Non-Departmental * Balance Available Total Non-Departmental (7,500) (7,500) TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND (123,836) URBAN RENEWAL AGENCY RIVERFRONT DEBT SERVICE FUND Non-Departmental Interfund Transfer Total Non-Departmental (5,896) (5,896) TOTAL URA RIVERFRONT DEBT SERVICE FUND (5,896) URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects (12,224 ) (12,224) Non-Departmental * Balance Available Total Non-Departmental (1,000) (1,000) TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND (13,224) TOTAL REQUIREMENTS - ALL FUNDS 489,673 * Reserves and Balance Available amounts are not appropriated for spending and are shown for information purposes only.