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HomeMy WebLinkAboutURA Resolution No. 1029 URBAN RENEWAL AGENCY RESOLUTION NO. 1029 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, 2003, AND ENDING JUNE 30, 2004. DATE SUBMITTED: March 8, 2004 PASSED: 5/3 OPPOSED: Bettman, Kelly, Taylor ABSENT: REJECTED: EFFECTIVE: IMMEDIATELY Resolution Number 1029 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, 2003, AND ENDING JUNE 30, 2004. 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, 2003, and ending June 30, 2004, as set forth in attached Exhibit "A" is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning July 1, 2003, and ending June 30, 2004, 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). Sectmn 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 8th day of March, 2004. EXHIBIT "A" In dollars URBAN RENEWAL AGENCY RIVERFRONT FUND Non-Departmental Interfund Transfer 350,000 Balance Available (350,000) Total Non-Departmental 0 TOTAL URA RIVERFRONT FUND 0 URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Capital Projects Capital Projects 750,000 Total Capital Projects 750,000 Non-Departmental Balance Available (400,000) Total Non-Departmental (400,000) TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND 350,000 TOTAL REQUIREMENTS -ALL FUNDS 350,000