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HomeMy WebLinkAboutURA Resolution No. 1093URBAN RENEWAL AGENCY RESOLUTIONNO. 1093 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCYOF THE CITY OF EUGENEFOR THE FISCAL YEAR BEGINNING JULY 1, 2019, AND ENDING NNE 30, 2020. PASSED: 6:2 R CTED: OPPOSED: Taylor & Zelenka ABSENT: CONSIDERED: May 20, 2020 0 Resolution Number 1093 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, 2019, AND ENDING JUNE 30, 2020. The Urban Renewal Agency of the City of Eugene finds that adopting the Supplemental Budget and making appropriations is necessary under ORS 294.471. 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, 2019, and ending June 30, 2020, as set forth in attached Exhibit A is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning July 1, 2019, and ending June 30, 2020, and for the purposes shown in attached Exhibit A are hereby appropriated. Section 3. That this Supplemental Budget is prepared in accordance with ORS 294.471(1), which authorizes the formulation of a supplemental budget resulting from "An occurrence or condition that is not ascertained when preparing the original budget or a previous supplemental budget for the current year or current budget period and that requires a change in financial planning." This Supplemental Budget was published in accordance with ORS 294.47](3). Section 4. This resolution complies with ORS 294.471(4), and does not authorize an increase in the levy of property taxes above the amount in the Annual Budget publication. The foregoing resolution adopted this 20th day of May, 2020. City Recorder—t)r4L01 EXHIBIT A Amounts in dollars URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND 5,872,914 5,872,914 6,872,914 URBAN RENEWAL AGENCY RIVERFRONT PROGRAM REVENUE FUND Non -Departmental Interfund Transfers Balance Available Total Non -Departmental (3,100,000) 3,100,000 0 TOTAL URA RIVERFRONT PROGRAM REVENUE 0 TOTAL REQUIREMENTS -ALL FUNDS 6,872,914 Balance Available amounts are not appropriated for spending and are shown for informational purposes only.