HomeMy WebLinkAboutURA Resolution No. 1047
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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.