HomeMy WebLinkAboutURA Resolution No. 1094URBAN RENEWAL AGENCY
RESOLUTIONNO. 1094
A RESOLUTION OF THE URBAN RENEWAL AGENCY OF
THE CITY OF EUGENE ADOPTING THE BUDGET,
MAILING APPROPRIATIONS, AND DECLARING THE
AMOUNT OF TAX TO BE CERTIFMD FOR THE FISCAL
YEAR BEGINNING JULY 1, 2020 AND ENDING JUNE 30,
2021
PASSED: 8:0
REJECTED:
OPPOSED:
ABSENT:
CONSIDERED: June 22, 2020
0
RESOLUTION NO.1094
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, 2020 AND ENDING JUNE 30, 2021
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, 2020 and ending June 30, 2021, set forth in attached Exhibit A is
hereby adopted.
Section 2. The amounts for the Fiscal Year beginning July 1, 2020 and ending June 30,
2021, 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 S. 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hereby adopted, and any fund numbers or fund titles in conflict herewith are hereby repealed.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 22nd day of June, 2020.
City Recorder—r->CeW'' j
EXHIBIT A
Urban Renewal Agency of the City of Eugene
Expenditure Appropriations by Fund
Downtown General Fund
Department Operating
Planning and Development 1,943,466
Total Department Operating 1,943,466
Non -Departmental
Special Payments 3,184,668
Balance Available* 106,000
Total Non -Departmental 3,290,668
Total Downtown General Fund 5,234,134
Downtown Debt Service Fund
Non -Departmental
Interfund Transfers 1,147,137
Balance Available* 5,211,215
Total Non -Departmental 6,358,352
Total Downtown Debt Service Fund 6,358,352
Downtown Capital Projects Fund
Total Capital Projects 149,285
Non -Departmental
Balance Available* 41,556
Total Non -Departmental 41,556
Total Downtown Capital Projects Fund 190,841
Riverfront General Fund
Department Operating
Planning and Development 911,766
Total Department Operating 911,766
Non -Departmental
Balance Available* 3,139,228
Total Non -Departmental 3,139,228
Total Riverfront General Fund 4,050,994
Riverfront Capital Projects Fund I
Total Capital Projects 21,175,873
Non -Departmental
Balance Available* 212,198
Total Non -Departmental 212,198
Total Riverfront Capital Projects Fund 21,388,071
Riverfront Program Revenue Fund
Non -Departmental
Special Payments 1,000,000
Balance Available* 2,611,684
Total Non -Departmental 3,611,684
Total Riverfront Program Revenue Fund 3,611,684
Total Resolution 40,834,076
*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