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HomeMy WebLinkAboutURA Resolution No. 1040 ~~ URBAN RENEWAL AGENCY RESOLUTION NO. 1040 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY FOR THE FISCAL YEAR BEGINNING JULY 1, 2006, OF THE CITY OF EUGENE AND ENDING JUNE 30, 2007. DATE SUBMITTED: December 11, 2006 PASSED: 8:0 OPPOSED: ABSENT: RECUSED: REJECTED: Resolution Number 1040 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, 2006, AND ENDING JUNE 30, 2007. 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 RENEW AL 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 .Tuly 1, 2006, and ending June 30, 2007, as set forth in attached Exhibit "A" is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning .T uly 1, 2006, and ending .Tune 30, 2007, 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 11th day of December, 2006. -f)~ ~e~ EXHIBIT "A" In dollars URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND Non-Departmental Miscellaneous Fiscal Transactions Total Non-Departmental 140,757 140,757 TOTAL URA DOWNTOWN GENERAL FUND 140,757 URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Capital Projects Capital Projects Total Capital Projects (770,321 ) (770,321 ) Non-Departmental Interfund Transfer * Balance Available Intergovernmental Expenditures Total Non-Departmental 560,937 178,606 34,690 774,233 TOTAL URA DOWNTOWN DEBT SERVICE FUND 3,912 URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects 560,937 560,937 TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND 560,937 URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND Non-Departmental * Balance Available Intergovernmental Expenditures Total Non-Departmental 6,394 12,500 18,894 TOTAL URA RIVERFRONT GENERAL FUND 18,894 URBAN RENEWAL AGENCY RIVERFRONT DEBT SERVICE FUND Non-Departmental Debt Service Intergovernmental Expenditures Total Non-Departmental 71,025 4,000,000 4,071,025 TOTAL URA RIVERFRONT DEBT SERVICE FUND 4,071,025 URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects 40,836 40,836 Non-Departmental * Balance Available Total Non-Departmental (19,518) (19,518) TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND 21,318 TOTAL REQUIREMENTS - ALL FUNDS 4,816,843 * Reserves and Balance Available amounts are not appropriated for spending and are shown for information purposes only.