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HomeMy WebLinkAboutURA Resolution No. 1047 ~~=- URBAN RENEWAL AGENCY RESOLUTION NO. 1047 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: March 10,2008 PASSED: 6:0 OPPOSED: ABSENT: Solomon, Taylor RECUSED: REJECTED: Resolution Number 1047 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. 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 March, 2008. EXHIBIT "A" In dollars URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND Departmental Operating Planning and Development Total Departmental Operating 50,000 50,000 TOTAL URA DOWNTOWN GENERAL FUND 50,000 URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Non-Departmental Interfund Transfer Intergovernmental Expenditures * Balance Available Total Non-Departmental 1,655,000 640,000 (2,295,000) o TOTAL URA DOWNTOWN DEBT SERVICE FUND o URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects 5,027,000 5,027,000 TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND 5,027,000 TOTAL REQUIREMENTS - ALL FUNDS 5,077,000 * Reserves and Balance Available amounts are not appropriated for spending and are shown for information purposes only.