HomeMy WebLinkAboutURA Resolution No. 1109URBAN RENEWAL AGENCY
RESOLUTION NO. 1109
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE URBAN RENEWAL
AGENCY OF THE CITY OF EUGENE FOR THE BIENNIUM
BEGINNING JULY 1, 2023, AND ENDING JUNE 30, 2025
PASSED: 7:0
REJECTED:
OPPOSED:
ABSENT: Evans
CONSIDERED: June 24, 2024
Resolution Number 1109
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY
OF THE CITY OF EUGENE
FOR THE BIENNIUM BEGINNING JULY 1, 2023,
AND ENDING JUNE 30, 2025.
The Urban Renewal Agency of the City of Eugene finds that adopting a 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 biennium beginning July 1, 2023, and ending June 30, 2025, as set forth in
attached Exhibit A is hereby adopted.
Section 2.
The supplemental amounts for the biennium beginning July 1, 2023, and ending June 30,
2025, 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 biennial budget publication.
The foregoing resolution adopted this 24th day of June, 2024.
City Recorder
EXHIBIT A
URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND
Department Operating
Planning and Development
Total Department Operating
Non -Departmental
Special Payments
Total Non -Departmental
TOTAL URA DOWNTOWN GENERAL FUND
Amounts
in dollars
230,000
230,000
(150,000)
(150,000)
URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND
Non -Departmental
Interfund Transfers
Balance Available
Total Non -Departmental
TOTAL URA DOWNTOWN DEBT SERVICE FUND
80,000
1,945,000
(1,945,000)
0
URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND
Capital Projects
Capital Projects
Total Capital Projects
Non -Departmental
Debt Service
Total Non -Departmental
TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND
r
1,795,000
1,795,000
70,000
70,000
1,865,000
URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND
Department Operating
Planning and Development
Total Department Operating
Non -Departmental
Interfund Transfers
Balance Available
Total Non -Departmental
TOTAL URA RIVERFRONT GENERAL FUND
738,351
738,351
1,994,044
350,605
2,344,649
3,083,000
URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND
Capital Projects
Capital Projects
Total Capital Projects
Non -Departmental
Interfund Transfers
Balance Available
Total Non -Departmental
TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND
1,977,000
1,977,000
2,000,000
(2,000,000)
0
1,977,000
URBAN RENEWAL AGENCY RIVERFRONT PROGRAM REVENUE FUND
Non -Departmental
Balance Available 2,017,044
Total Non -Departmental 2,017,044
TOTAL URA RIVERFRONT PROGRAM REVENUE 2,017,044
TOTAL REQUIREMENTS - ALL FUNDS 9,022,044
* Balance Available amounts are not appropriated for spending and are shown
for informational purposes only.