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HomeMy WebLinkAboutURA Resolution No. 1114URBAN RENEWAL AGENCY RESOLUTION NO. 1114 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET AND MAKING APPROPRIATIONS FOR THE BIENNIUM BEGINNING JULY 19 2025 AND ENDING JUNE 309 2027. PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: June 23, 2025 RESOLUTION NO. 1114 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET AND MAKING APPROPRIATIONS FOR THE BIENNIUM BEGINNING JULY 1, 2025 AND ENDING JUNE 30, 2027 The Urban Renewal Agency of the City of Eugene finds that adopting the budget and malting 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, 2025, and ending June 30, 2027, set forth in attached Exhibit A is hereby adopted. Section 2. The amounts for the biennium beginning July 1, 2025, and ending June 30, 2027, 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set forth in attached Exhibit B is hereby adopted, and any fund numbers or fund titles in conflict herewith are hereby repealed.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 23rd day of June, 2025. kwv " � IV, 9 ity R cor er 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 3,569,218 Total Department Operating 3,569,218 Non -Departmental Special Payments 3,588,348 Balance Available* 2,563,661 Total Non -Departmental 6,152,009 Total Downtown General Fund 9,721,227 Downtown Debt Service Fund Non -Departmental Interfund Transfers 3,974,076 Balance Available* 2,815,223 Total Non -Departmental 6,789,299 Total Downtown Debt Service Fund 6,789,299 Downtown Capital Projects Fund Total Capital Projects 3,646,371 Non -Departmental Balance Available* 190,000 Total Non -Departmental 190,000 Total Downtown Capital Projects Fund 3,836,371 Riverfront General Fund Department Operating Planning and Development 3,077,956 Total Department Operating 3,077,956 Non -Departmental Interfund Transfers 1,400,000 Special Payments 2,647,436 Balance Available* 9,712,886 Total Non -Departmental 13,760,322 Total Riverfront General Fund 16,838,278 Riverfront Capital Projects Fund I Total Capital Projects 5,126,236 Non -Departmental Interfund Transfers 2,000,000 Balance Available* 300,000 Total Non -Departmental 2,300,000 Total Riverfront Capital Projects Fund 7,426,236 Riverfront Program Revenue Fund Non -Departmental Special Payments 3,090,044 Total Non -Departmental 3,090,044 Total Riverfront Program Revenue Fund 3,090,044 Total Resolution 47,701,455 *Reserve and Balance Available amounts are not appropriated for spending and are shown for informational purposes only. Exhibit B Urban Renewal Agency of the City of Eugene 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