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HomeMy WebLinkAboutURA Resolution No. 1111Resolution Number 1111 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 E ugene finds that adopting a Supplemental Budget and making appropriations is necessary under ORS 294.471. NOW THEREFORE, BE IT RESOLVED BY THE URBAN RENEW AL 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 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 9th day of December, 2024. /~~ EXHIBIT A Amounts in dollars URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Non-Departmental lnterfund Transfers * Balance Available Total Non-Departmental TOTAL URA DOWNTOWN DEBT SERVICE FUND 260,000 (260,000) 0 0 URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND Non-Departmental lnterfund Transfers * Balance Available Total Non-Departmental TOTAL URA RIVERFRONT GENERAL FUND 260,000 260,000 260,000 220,000 (220,000) 0 0 URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Capital Projects Capital Projects Total Capital Projects TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND TOTAL REQUIREMENTS -ALL FUNDS 220,000 220,000 220,000 480,000 * Balance Available amounts are not appropriated for spending and are shown for informational purposes only.