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HomeMy WebLinkAboutURA Resolution No. 1102URBAN RENEWAL AGENCY RESOLUTION NO. 1102 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 19 20229 AND ENDING JUNE 309 2023. PASSED: 6:0 REJECTED: OPPOSED: ABSENT: Yeh CONSIDERED: December 12, 2022 Resolution Number 1102 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, 2022, AND ENDING JUNE 30, 2023. 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, 2022, and ending June 30, 2023, as set forth in attached Exhibit A is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning July 1, 2022, and ending June 30, 2023, 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 294.471(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 12th day of December, 2022. City Recorder EXHIBIT A Amounts in dollars URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND Non -Departmental Balance Available 974,952 Total Non -Departmental 974,952 TOTAL URA DOWNTOWN GENERAL FUND 974,952 URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Non -Departmental Interfund Transfers Balance Available Total Non -Departmental TOTAL URA DOWNTOWN DEBT SERVICE FUND 600,000 (624,189) (24,189) (24,189) URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND Capital Projects Capital Projects (2,578,164) Total Capital Projects (2,578,164) Non -Departmental Balance Available 46,527 Total Non -Departmental 46,527 TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND (2,531,637) URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND Non -Departmental Balance Available 136,533 Total Non -Departmental 136,533 TOTAL URA RIVERFRONT GENERAL FUND 136,533 URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Capital Projects Capital Projects (1,440,283) Total Capital Projects (1,440,283) Non -Departmental Balance Available (319,439) Total Non -Departmental (319,439) TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND (1,759,722) TOTAL REQUIREMENTS - ALL FUNDS (3,204,063) * Balance Available amounts are not appropriated for spending and are shown for informational purposes only.