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HomeMy WebLinkAboutURA Resolution No. 1062URBAN RENEWAL AGENCY RESOLUTION NO, 1062 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 2011 AND ENDING JUNE 30 20120 DATE SUBMITTED: December 12, 2011 PASSED: S :U OPPOSED: ABSENT: RECUSED: REJECTED: Resolution Number 1062 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 2011 AND ENDING JUNE 30, 20120 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, 2011, and ending June 30, 2012, as set forth in attached Exhibit "A" is hereby adopted. Section 2. The supplemental amounts for the fiscal year beginning July 1, 2011, and ending June 30, 2012, and for the purposes shown in attached Exhibit "A" are hereby appropriated. Section 3. That this Supplemental Budget is prepared in accordance with DRS 294.4$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 DRS 294.4 S 0(4). Section 4. This resolution complies with DRS 294.450(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 12th day of December, 2011. Director EXHIBIT " A " In dollars URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND Non - Departmental Miscellaneous Fiscal Transactions Total Non - Departmental 1,379,173 1 TOTAL URA DOWNTOWN GENERAL FUND 1 URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND Non - Departmental Debt Service 785 * Reserves (295,284) * Balance Available (349,554) Intergovernmental Expenditures (760,00 Total Non - Departmental (839,838) TOTAL URA DOWNTOWN DEBT SERVICE FUND (639,838) URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND Non - Departmental * Balance Available Total Non - Departmental TOTAL LIRA DOWNTOWN CAPITAL PROJECTS FUND (51) (51) (51) URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND Non - Departmental * Balance Available Total Non - Departmental TOTAL URA RIVERFRONT GENERAL FUND 141,520 141,520 141,520 URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND Non- Departmental * Balance Available Total Non- Departmental TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND TOTAL REQUIREMENTS -ALL FUNDS (20) (20) (20) 880, ?S4 * Reserves and Balance Available amounts are not appropriated for spending and are shown for information purposes only.