HomeMy WebLinkAboutURA Resolution No. 1117URBAN RENEWAL AGENCY
RESOLUTION NO. 1117
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE URBAN RENEWAL
AGENCY OF THE CITY OF EUGENE FOR THE BIENNIUM
BEGINNING JULY 1, 2025 AND ENDING JUNE 30, 2027.
PASSED: 8:0
REJECTED:
OPPOSED:
ABSENT:
CONSIDERED: June 22, 2026
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Resolution Number 1117
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY
OF THE CITY OF EUGENE
FOR THE BIENNIUM BEGINNING JULY 1, 2025
AND ENDING JUNE 30, 2027.
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 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, 2025, and ending June 30, 2027, as set forth in
Exhibit A is hereby adopted.
Section 2.
The supplemental amounts for the biennium beginning July 1, 2025 , and ending June 30,
2027, 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 22nd d / of June 2026.
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Resolution Number 1117
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY
OF THE CITY OF EUGENE
FOR THE BIENNIUM BEGINNING JULY 1, 2025
AND ENDING JUNE 30, 2027.
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 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, 2025, and ending June 30, 2027, as set forth in
Exhibit A is hereby adopted.
Section 2.
The supplemental amounts for the biennium beginning July 1, 2025 , and ending June 30,
2027, 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 22nd d / of June 2026.
~!=
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EXHIBIT A
Amounts
in dollars
URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND
Department Operating
Planning and Development
Total Department Operating
Non-Departmental
* Balance Available
Total Non-Departmental
TOTAL URA DOWNTOWN GENERAL FUND
150,000
150,000
84,621
84,621
234,621
URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND
Non-Departmental
lnterfund Transfers
* Balance Available
Total Non-Departmental
TOTAL URA DOWNTOWN DEBT SERVICE FUND
2,698,151
(2,698,151)
0
0
URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND
Capital Projects
Capital Projects
Total Capital Projects
Non-Departmental .
Debt Service
lnterfund Transfers
* Balance Available
Total Non-Departmental
TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND
8,375,159
8,375,159
240,000
84,621
(151,629)
172,992
8,548,151
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URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND
Department Operating
Planning and Development
Total Department Operating
Non-Departmental
lnterfund Transfers
* Balance Available
Total Non-Departmental
TOTAL URA RIVERFRONT GENERAL FUND
105,000
105,000
3,000,000
(3,105,000)
(105,000)
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
3,000,000
3,000,000
3,000,000
11,782,772
* Balance Available amounts are not appropriated for spending and are shown
for informational purposes only.
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