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HomeMy WebLinkAboutURA Resolution No. 1116URBAN RENEWAL AGENCY RESOLUTION NO. 1116 A RESOLUTION ACKNOWLEDGING THE RECEIPT OF THE ANNUAL FINANCIAL REPORT OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, FOR THE FISCAL YEAR ENDED JUNE 309 2025. PASSED: 7:0 REJECTED: OPPOSED: ABSENT: Groves CONSIDERED: January 26, 2026 RESOLUTION NO. 1116 A RESOLUTION ACKNOWLEDGING THE RECEIPT OF THE ANNUAL FINANCIAL REPORT OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, FOR THE FISCAL YEAR ENDED JUNE 30, 2025 The Urban Renewal Agency Board of the City of Eugene finds that: A. The City has prepared financial statements and an Annual Financial Report of the Urban Renewal Agency, a Component Unit of the City of Eugene for the Fiscal Year ended June 30, 2025 (the "2025 Annual Financial Report"). B. The independent firm of Baker Tilly US, LLC has completed an audit of the 2025 Annual Financial Report as required by ORS 297.425 and, pursuant to ORS 297.465, issued its findings to the Urban Renewal Agency Board via the Report of the Independent Auditors. NOW, THEREFORE, BE IT RESOLVED by the Urban Renewal Agency of the City of Eugene as follows: Section 1. That the Urban Renewal Agency Board hereby acknowledges that it has received the Report of the Independent Auditors on the audited 2025 Annual Financial Report. Section 2. This Resolution shall become effective immediately upon its passage by the Urban Renewal Agency Board. The foregoing Resolution adopted the 26th day of January, 2026. , f itity Reorder r, Resolution - Page 1 of 1