HomeMy WebLinkAboutURA Resolution No. 1090URBAN RENEWAL AGENCY
RESOLUTION NO. 1090
A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE
CITY OF EUGENE ADOPTING THE BUDGET, MAKING
APPROPRIATIONS, AND DECLARING THE AMOUNT OF TAX
TO BE CERTIFIED FOR THE FISCAL YEAR BEGINNING JULY 1,
2019 AND ENDING JUNE 30, 2020
PASSED: 6:0
REJECTED:
OPPOSED:
ABSENT: Taylor, Evans
CONSIDERED: June 24, 2019
RESOLUTION NO. 1090
A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE
ADOPTING THE BUDGET, MAKING APPROPRIATIONS,
AND DECLARING THE AMOUNT OF TAX TO BE CERTIFIED
FOR THE FISCAL YEAR BEGINNING JULY 1, 2019 AND ENDING JUNE 30, 2020
The Urban Renewal Agency of the City of Eugene finds that adopting the budget
and making appropriations is necessary under ORS 294.305 to ORS 294.565.
NOW, THEREFORE,
BE IT RESOLVED by the Urban Renewal Agency of the City of Eugene, as follows:
Section 1. The budget for the Urban Renewal Agency of the City of Eugene for the
Fiscal Year beginning July 1, 2019 and ending June 30, 2020, set forth in attached Exhibit A is
hereby adopted.
Section 2. The amounts for the Fiscal Year beginning July 1, 2019 and ending June 30,
2020, and for the purposes shown in the attached Exhibit A are hereby appropriated.
Section 3. That the following be certified to the County Assessor of Lane County,
Oregon:
The Downtown Plan Area shall receive the maximum amount of revenue that may be
raised by dividing the taxes under section 1c, Article IX, of the Oregon Constitution. This
plan shall be certified under Part 4, Other Reduced Rate Plans.
The Riverfront Plan Area shall receive the maximum amount of revenue that may be
raised by dividing the taxes under section 1c, Article IX, of the Oregon Constitution. This
plan shall be certified under Part 3, Other Standard Rate Plans.
Section 4. That the City of Eugene Finance Director is hereby requested to certify the
levies as herein made and set forth to the County Assessor of Lane County, Oregon, and shall
file with the Lane County Assessor and the Lane County Clerk a copy of the adopted budget for
fiscal year 2019-2020, and such other documents as required by ORS 294.458.
Section 5. The list of fund numbers and fund titles set forth in attached Exhibit B is
hereby adopted, and any fund numbers or fund titles in conflict herewith are hereby repealed.
The foregoing Resolution adopted this 24th day of June, 2019.
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City Recorder
EXHIBIT A
Urban Renewal Agency of the City of Eugene
Expenditure Appropriations by Fund
Downtown General Fund $
Department Operating
Planning and Development 2,173,414
Total Department Operating 2,173,414
Non -Departmental
Special Payments 3,060,476
Balance Available* 87,000
Total Non -Departmental 3,147,476
Total Downtown General Fund 5,320,890
Downtown Debt Service Fund
Non -Departmental
Interfund Transfers 2,173,414
Balance Available* 3,437,762
Total Non -Departmental 5,611,176
Total Downtown Debt Service Fund 5,611,176
Downtown Capital Projects Fund
Total Capital Projects 149,285
Non -Departmental
Balance Available* 59,006
Total Non -Departmental 59,006
Total Downtown Capital Projects Fund 208,291
Riverfront General Fund
Department Operating
Planning and Development 704,098
Total Department Operating 704,098
Non -Departmental
Interfund Transfers 2,500,000
Balance Available* 562,983
Total Non -Departmental 3,062,983
Total Rive rfront General Fund 3,767,081
Riverfront Capital Projects Fund I
Total Capital Projects 19,155,563
Non -Departmental
Interfund Transfers 3,203,333
Balance Available* 116,740
Total Non -Departmental 3,320,073
Total Riverfront Capital Projects Fund 22,475,636
Riverfront Program Revenue Fund
Non -Departmental
Special Payments
1,000,000
Interfund Transfers
1,800,000
Balance Available*
3,737,612
Total Non -Departmental
6,537,612
Total Riverfront Program Revenue Fund 6,537,612
Total Resolution 43,920,686
*Reserve and Balance Available amounts are not appropriated for
spending and are shown for informational purposes only.
EXHIBIT B
Urban Renewal Agency
Fund Names
Reporting Fund Managing Fund Fund Title
817 817 Downtown General Fund
812
812
Downtown Debt Service Fund
813
813
Downtown Capital Projects Fund
821
821
Riverfront General Fund
823
823
Riverfront Capital Projects Fund
824
824
Riverfront Program Revenue Fund