Agenda - 06/27/2005CITY OF WOODBURN
URBAN RENEWAL AGENCY
KATHRYN FIOLEY, MAYOR
WALTER NICHOLS, COUNCILOR WARD 1
RICHARD BJELLAND, COUNCILOR WARD Il
PETER MCCALLUM, COUNCILOR WARD III
JAMES COX, COUNCILOR WARD JV
FRANK LONERGAN, COUNCILOR WARD V
JUNE 27, 2005 - 6:45 P.M. EL'DA SIFUENTEZ, COUNCILOR WARD VI
CiTY HALL COUNCIL CHAMBERS - 270 MONTGOMERY STREET
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CALL TO ORDER
ROLL CALL
CONSENT AGENDA
A. Urban Renewal Agency minutes of June 13, 2005
Recommended .Action: Approve the minutes.
GENERAL BUSINESS
ke
Resolution adopting 2005-06 Budget for fiscal year 2005-
2006, making appropriations and levying taxes
Recommended Action: Adopt resolution.
PUBLIC HEARINGS
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None.
PUBLIC COMMENT
ADJOURNMENT
June 27, 2005 Urban Renewal Agency Page i
June 20, 2005
TO:
FROM:
SUBJECT:
Urban Renewal Agency Board through City Administrator
Ben Gillespie, Finance Director ~
Adoption of Woodburn Urban Renewal Agency's 2005-0& Budget
RECOMMENDATION,:
That the Urban Renewal Agency Board adopt the attached resolution setting
the budget for 2005-06.
BACKGROUND & DISCUSSION:
On May 21, 2005, the Budget Committee concluded their hearing on the
Woodburn Urban Renewal Agency's 2005-06 budget and unanimously
recommended that the budget document be forwarded to the Board of the
URA for the next phase of the budget process.
As required by Oregon Budget Law, the Board conducted a public hearing on
June 13, 2005, to consider a URA budget of $1,257,500. The Board accepted the
Budget Committee's recommendation and made one change, adding $71,500
for a reserve for debt service. The attached ordinance reflects that change
and totals $1,329,000.
FINANCIAL IMPACT:
The attached resolution is consistent with the budget policies adopted by the
Budget Committee in January 2005.
Agenda Item Review:
City Administrato~
3
City Attorney jV/L~
Finance.~
3A
TAPE
OO01
URBAN RENEWAL AGENCY MINUTES
JUNE 13, 2005
DATE_ . COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN,
COUNTY OF MARION, STATE OF OREGON, JUNE 13, 2005.
CONVENED. The Urban Renewal Agency meeting convened at 6:45 p.m. with Chair
Figley presiding.
000.._~7
ROLL CALL.
Chair Figley Present
Member Bj elland Present
Member Cox Absent
Member Lonergan Present
Member McCallum Present
Member Nichols Present
Member Sifuentez Present
Staff Present: City Administrator Brown, City Attorney Shields, Finance Director
Gillespie, Public Works Director Tiwari, Police Chief Russell, Public Works Manager
Rohman, Management Analyst Smith, Recorder Tennant
008Q
0108
MINUTES.-.
MCCALLUM/NICHOLS..- approve the April 25, 2005 minutes as presented. The
motion passed unanimously.
PUBLIC HEARING: 2005-06 WOODBURN URBAN RENEWAL AGENCY
BUDGET.
Chair Figley declared the public hearing open at 6:51 p.m..
Finance Director Gillespie read the staff report outlining the recommendation made by
the Urban Renewal Budget Committee to a authorize a budget for fiscal year 2005-06 in
the amount of $1,257,500. Recently, the City's Financial Advisor has brought to staff's
attention that a reserve should be established to protect creditors' interest since the Urban
Renewal Budget involves debt service. Staffrec0mmended that the 2005-06 budget be
increased by $71,500 thereby increasing the total budget to $1,329,000.
No one in the audience spoke either for or against the proposed Urban Renewal Budget
for fiscal year 2005-06.
Chair Figley closed the public hearing at 6:53 p.m..
BJELLAND/MCCALLUM... instruct staff to draft a budget resolution based on the
Budget Committee's recommendation, including allowable budget adjustments that do
not change the tax levy requirement. The motion passed unanimously.
Page 1 - Urban Renewal Agency Minutes, June 13, 2005
1
TAPE
READING
URBAN RENEWAL AGENCY MINUTES
JUNE 13, 2005
0224
ADJOURNMENT.
NICHOLS/SIFUENTEZ... meeting be adjourned. The motion passed unanimously.
The meeting adjourned at 6:55 p.m..
APPROVED
KATHRYN FIGLEY, BOARD CHAIR
ATTEST
Mary Tennant, Recorder
City of Woodburn, Oregon
Page 2 - Urban Renewal Agency Minutes, June 13, 2005
2
RESOLUTION NO. 05-01
A RESOLUTION ADOPTING A BUDGET FOR FISCAL YEAR 2005-06, MAKING
APPROPRIATIONS AND LEVYING TAXES.
THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS:
Section 1. That the budget for fiscal year 2005-2006 is hereby adopted as set forth
below.
Section 2. That the budget amounts for the fiscal year beginning July 1, 2005, and for the
purposes shown below, are hereby appropriated:
DEBT SERVICE FUND:
Debt Service
TOTAL APPROPRIATIONS
$1,257,500
Unappropriated Requirements:
Reserve for Urban Renewal Agency Debt
$ 71,500
TOTAL UNAPpROpKIATED REQUIREMENTS
$ 71,500
TOTAL 2005-2006 URBAN RENEWAL BUDGET
$ 1,329,000
Section 3. That the Woodbum Urban Renewal Agency hereby resolves to certify to the
County Assessor a request for the Woodburn Urban Renewal Plan Area for the maximum
amount of revenue that may be raised by dividing the taxes under Section lc, Article IX of the
Oregon Constitution and ORS Chapter 457.
Approved as to Form
Legal Counsel Date
APPROVED.
KATHRY'N FIGLEY, CHAIR
Passed by the Agency
Submitted to the Chair
Approved by the Chair
ATTEST
Mary Tennant, Recorder
City of Woodbum, Oregon
Page 1 - Resolution No.05-01