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2022-01 URA FY 2022-23 Budget Adoption WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2022-01 A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET FOR THE FISCAL YEAR (FY) 2022-23; MAKING BUDGET APPROPRIATIONS; AND IMPOSING THE TAXES WHEREAS, the Woodburn Urban Renewal Agency Budget Committee met and approved the Proposed Budget on April 30, 2022; and WHEREAS, the Notice of Budget Hearing and Financial Summary were published in the Woodburn Independent on June 1, 2022 as required by ORS 294.438; and WHEREAS, a public hearing was held on June 13, 2022: NOW, THEREFORE, THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. The Woodburn Urban Renewal Agency Board adopts the budget for the fiscal year 2022-23 in the sum of $2,245,800. A copy of the budget document is now on file at City Hall, 270 Montgomery St, Woodburn, Oregon. Section 2. The amounts for the fiscal year beginning July 1, 2022 and for the purposes shown below are hereby appropriated as follows: Urban Renewal Fund FY 2022-23 Administration 1,183,410 Debt Service 335,420 Transfers 2,860 Contingency 54,110 1,575,800 Unappropriated &Reserves 670,000 Total Budget 2,245,800 Section 3. Pursuant to Article IX (Finance) Section 1 c (Financing Redevelopment and Urban Renewal Projects) of the Oregon Constitution and ORS Chapter 457, the Woodburn Urban Renewal District, as an "Option V urban renewal agency, authorizes certification to the Marion County Page 1— RESOLUTION NO. 2022-01 Assessor for the Woodburn Urban Renewal Agency Plan Area a request for the maximum amount of revenue that may be raised by dividing the taxes under Article IX, Section I c of the Oregon Constitution with none of this amount to be raised by a special levy. Approved as to Form: &7�;' 0(y. 10. 2021L City AjKrne'y AT.C. KcAF-f4z'e Date C%R1&.NVP^. APPROVED: Eric Swenson, Mayor Passed by the Council 13, zzzz Submitted to the Mayor 1 L3, Approved by the Mayor Tune.,13, 'zoz--L Filed in the Office of the Recorder ATTEST: AA Heather Pierson, City Recorder City of Woodburn, Oregon Page 2- RESOLUTION NO. 2022-01