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HomeMy WebLinkAboutURA Resolution No. 1060URBAN RENEWAL AGENCY RESOLUTION N0.1060 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 1 2010 AND ENDING JUNE 30, 2011 DATE SUBMITTED: June 27,2011 PASSED: 8:0 OPPOSED: ABSENT: RECUSED: REJECTED: RESOLUTION NO. 1060 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 1 2010. AND ENDING JUNE 30 2011 The Urban Renewal Agency of the City of Eugene finds that adopting the Supplemental Budget and making appropriations is necessary under ORS 294.480. 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 fiscal year beginning July 1, 2 and ending June 30, 2011, as set forth in attached Exhibit "A" is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning July 1, 2010, and ending June 30, 2011, and for the purposes shown in attached Exhibit "A" are hereby appropriated. �Qrt;nr That this Supplemental Budget 'i's prepared in accordance with ORS 2 94.4 S 0 (1) (a), which authorizes the formulation of a supplemental budget resulting from "An occurrence or condition which had not been ascertained at the time of the preparation of a budget for the current year or current budget period which requires a change in financial planning." This Supplemental Budget was published in accordance with ORS 294.480(4). Cpot; An d This resolution complies with ORS 294.480(5), and does not authorize an increase in the levy of property taxes above the amount published in the Annual Budget publication. The foregoing resolution adopted this 27th day of June, 2011. Director In dollars URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Non- Departmental • Reserves (1 ,000, 000) • Balance Available (121,000) Intergovernmental Expenditures 4 Total Non - Departmental 3 TOTAL URA DOWNTOWN DEBT SERVICE FUND 394009400 TOTAL REQUIREMENTS - ALL FUNDS 3 * Reserves and Balance Available amounts are not appropriated for spending and are shown for information purposes only.