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HomeMy WebLinkAboutURA Resolution No. 1061URBAN RENEWAL AGENCY RESOLUTION N0.1061 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET, MAKING APPROPRIATIONS, AND DECLARING THE AMOUNT OF TAX TO BE RECEIVED FOR THE FISCAL YEAR BEGINNING JULY 1 2011 AND ENDING JUNE 30 20120 DATE SUBMITTED: June 27, 2011 PASSED: 8:0 OPPOSED. ABSENT: RECUSED: REJECTED: RESOLUTION NO. 1061 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF EUGENE ADOPTING THE BUDGET, MAKING APPROPRIATIONS, AND DECLARING THE AMOUNT OF TAX TO BE RECEIVED FOR THE FISCAL YEAR BEGINNING JULY 1 2011 AND ENDING JUNE 30, 2011, The Urban Renewal Agency of the City of Eugene finds that adopting the budget and making appropriations is necessary under ORS 294.305 to ORS 294.565. NOW, THEREFORE, 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 Fiscal Year beginning July 1, 2011 and ending June 30, 2012, set forth in attached Exhibit "A" is hereby adopted. Section 2. The amounts for the Fiscal Year beginning July 1, 2011 and ending June 3 0, 2012, and for the purposes shown in the attached Exhibit "A" are hereby appropriated. Section 3. That the following be certified to the County Assessor of Lane County, Oregon: The Downtown Plan Area is an Option One plan that shall receive the maximum amount of revenue that may be raised by dividing the taxes under section 1 c, Article IX, of the Oregon Constitution. The Riverfront Plan Area shall receive the maximum amount of revenue that may be raised by dividing the taxes under section 1 c, Article IX, of the Oregon Constitution. This plan shall be certified under Section 3: Other Standard Rate Plans. Section 4. That the City Recorder is hereby requested to certify the levies as herein made and set forth to the County Assessor of Lane County, Oregon, and shall file with the County Assessor a copy of the budget as finally adopted, and such other documents as required by ORS 294.555(3). Section 5. 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forth in attached Exhibit "B" is hereby adopted, and any fund numbers or fund titles in conflict herewith are hereby repealed.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 27th day of June, 2011. qr Director EXHIBIT A Urban Renewal Agency Downtown General Fund $$$ Department operating Planning and Development 355,000 Total Department operating 355,000 Non - Departmental Miscellaneous Fiscal Transactions 1 1 740,000 Balance Available 60,000 Total Non- Departmental 1,800 Total Downtown General Fund 2 Downtown Debt Service Fund Non - Departmental Debt Service 370,000 InterFund Transfers 355,000 Intergovernmental Expenditures 760,000 Reserve 1 Balance Available 349,554 Total Non - Departmental 2,834,554 Total Downtown Debt Service Fund 2,834 Downtown Capital Projects Fund Total Capital Projects 734,593 Non - Departmental Balance Available 7,625 Total Non - Departmental 7,625 Total Downtown Capital Projects Fund 742,218 Riverfront General Fund Department operating Planning and Development 249,144 Total Department operating 249,144 Non- Departmental Balance Available 4,815,842 Total Non - Departmental 4,815,842 Total Riverfront General Fund 5 Riverfront Capital Projects Fund Total Capital Projects 141,500 Non - Departmental Balance Available 23,015 Total Non - Departmental 23,015 Total Riverfront Capital Projects Fund 164,515 Total Resolution 10,9619273 Exhibit B Urban Renewal Agency Reporting Fund 8'17 812 813 821 823 Managing Fund 817 812 813 821 823 Fund Titles Downtown General Fund Downtown Debt Service Fund Downtown Capital Projects Fund Riverfront General Fund Riverfront Capital Projects Fund