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Minutes - 06/09/2009URBAN RENEWAL AGENCY MEETING MINUTES JUNE 9, 2008 DATE. COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN, COUNTY OF MARION, STATE OF OREGON, JUNE 9, 2008. CONVENED. The Urban Renewal Agency meeting convened at 6:53 p.m. with Chair Figley presiding. ROLL CALL. Chair Figley Present Member Bjelland Present (6:55 pm) Member Cox Present Member Lonergan Present Member McCallum Present Member Nichols Present Member Sifuentez Absent Staff Present: Interim City Administrator Russell, City Attorney Shields, Assistant City Administrator Stevens, Finance Director Gillespie, Public Works Director Brown, Community Development Director Allen, Police Capt. Tennant, City Recorder Tennant CONSENT AGENDA. A) approve the Urban Renewal Agency minutes of March 10, 2008. MCCALLUM/COX... adopt the Consent Agenda as presented. The motion passed unanimously. PUBLIC HEARING TO CONSIDER THE WOODBURN URBAN RENEWAL AGENCY'S FISCAL YEAR 2008-09 BUDGET. Chair Figley declared the public hearing open at 6:55 p.m.. Finance Director Gillespie stated that following the May 19, 2008 hearing, the Urban Renewal Budget Committee recommended a budget for fiscal year 2008-09 in the amount of $3,022,548. The recommended budget will fund the Front Street improvement project from Cleveland Street to Highway 214, pay the debt service due on the bank loan, reimburse the City for special administrative, legal, and auditing services, and provide for adequate reserves for bond indebtedness. No one in the audience spoke either for or against the proposed budget. Chair Figley declared the public hearing closed at 6:56 p.m. RESOLUTION 08-02 ADOPTING A BUDGET FOR FISCAL YEAR 2008-09, MAKING APPROPRIATIONS, AND LEVYING TAXES. LONERGAN/NICHOLS.... adopt Resolution 08-02 as presented. On roll call vote, the motion passed unanimously. Chair Figley declared Resolution 08- 02 duly passed. Page 1-Urban Renewal Agency Minutes, June 9, 2008 URBAN RENEWAL AGENCY MEETING MINUTES JUNE 9, 2008 REIMBURSEMENT AGREEMENT FOR SERVICES, MATERIALS,. AND PROTECTS FOR FISCAL YEAR 2008-09. Staff recommended the approval and authorization to sign a reimbursement agreement with the City for payments made out of City funds for urban renewal projects and miscellaneous expenses. Under Urban Renewal law, tax receipt revenues received are to be used for debt retirement such as bonds, loans from public or private agencies, or by contractual arrangement. COX/LONERGAN... approve and authorize the Chair of the Agency to execute the attached reimbursement agreement between the Woodburn Urban Renewal Agency and the City of Woodburn for fiscal year 2008-09. The motion passed unanimously. AD,TOURNMENT. NICHOLS/MCCALLUM... meeting be adjourned. The meeting adjourned at 6:58 p.m.. APPR ATTEST Mary pant, Recorder City of Woodburn, Oregon The motion passed unanimously. V Page 2 -Urban Renewal Agency Minutes, June 9, 2008