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HomeMy WebLinkAboutURA Resolution No. 1104URBAN RENEWAL AGENCY RESOLUTION NO. 1104 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET AND MAKING APPROPRIATIONS FOR THE BIENNIUM BEGINNING JULY 19 2023 AND ENDING JUNE 309 2025 PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: June 26, 2023 RESOLUTION NO. 1104 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET AND MAKING APPROPRIATIONS FOR THE BIENNIUM BEGINNING JULY 1, 2023 AND ENDING JUNE 30, 2025 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, based on the above finding, 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 biennium beginning July 1, 2023 and ending June 30, 2025, set forth in attached Exhibit A is hereby adopted. Section 2. The amounts for the biennium beginning July 1, 2023 and ending June 30, 2025, and for the purposes shown in the attached Exhibit A are hereby appropriated. Section 3. 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set forth in attached Exhibit B is hereby adopted, and any fund numbers or fund titles in conflict herewith are hereby repealed.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 26th day of June, 2023. City Re r r Resolution — Page 1 of 1 EXHIBIT A Urban Renewal Agency of the City of Eugene Expenditure Appropriations by Fund Downtown General Fund Department Operating Planning and Development 802,055 Total Department Operating 802,055 Non -Departmental Special Payments 4,313,517 Balance Available* 1,663,435 Total Non -Departmental 5,976,952 Total Downtown General Fund 6,779,007 Downtown Debt Service Fund Non -Departmental Interfund Transfers 2,991,800 Balance Available* 575,945 Total Non -Departmental 3,567,745 Total Downtown Debt Service Fund 3,567,745 Downtown Capital Projects Fund Total Capital Projects 2,560,379 Non -Departmental Debt Service 64,000 Intergovernmental Loan Repayments 2,133,333 Balance Available* 36,000 Total Non -Departmental 2,233,333 Total Downtown Capital Projects Fund 4,793,712 Riverfront General Fund Department Operating Planning and Development 740,524 Total Department Operating 740,524 Non -Departmental Special Payments 8,778,608 Balance Available* 58,035 Total Non -Departmental 8,836,643 Total Riverfront General Fund 9,577,167 Riverfront Capital Projects Fund i. Total Capital Projects 6,419,326 Non -Departmental Intergovernmental Loan Repayments 2,000,000 Interfund Transfers 1,000,000 Balance Available* 1,913,396 Total Non -Departmental 4,913,396 Total Riverfront Capital Projects Fund 11,332,722 Riverfront Program Revenue Fund Non -Departmental Special Payments 1,000,000 Total Non -Departmental 1,000,000 Total Riverfront Program Revenue Fund 1,000,000 Total Resolution 37,050,353 *Reserve and Balance Available amounts are not appropriated for spending and are shown for informational purposes only. Urban Renewal Agency of the City of Eugene Fund Names Reporting Fund Managing Fund Fund Title 817 817 Downtown General Fund 812 813 821 823 824 812 813 821 823 824 EXHIBIT B Downtown Debt Service Fund Downtown Capital Projects Fund Riverfront General Fund Riverfront Capital Projects Fund Riverfront Program Revenue Fund