Minutes - 04/25/2005
URBAN RENEWAL AGENCY MINUTES
APRIL 25, 2005
TAPE
READING
0001 DATE. COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN,
COUNTY OF MARION, STATE OF OREGON, APRIL 25, 2005.
CONVENED. The Urban Renewal Agency meeting convened at 6:50 p.m. with Chair
Figley presiding.
0007 ROLLCALL.
Chair Figley Present
Member Bjelland Present
Member Cox Absent
Member Lonergan Present
Member McCallum Present
Member Nichols Present
Member Sifuentez Present
Staff Present: City Administrator Brown, City Attorney Shields, Public Works Director
Tiwari, Police Chief Russell, Public Works Manager Rohman, Asst. City Engineer
Torgeson, Senior C.E. Tech Scott, Recorder Tennant
0080 MINUTES.
BJELLANDIMCCALLUM... approve the June 28, 2004 minutes as presented. The
motion passed unanimously.
0108 REIMBURSEMENT AGREEMENT.
Administrator Brown stated that the Urban Renewal Agency was established in 2003 and
the City began receiving tax increment in the Agency fund in November 2003. In order
to spend the money, the Agency must first have obligated debt. To date, the City budget
has paid for smaller projects and this reimbursement agreement will provide for the
repayment of those funds to the City. The reimbursement agreement establishes the debt
that is necessary for the Agency to pay the City for its share of projects for the 2004-05
and 2005-06 fiscal years. The total amount of reimbursement that is anticipated during
the two year period is $1,597,500 which covers $340,000 in maximum anticipated
reimbursements in the current fiscal year and the balance of $1 ,257,500 in 2005-06. In
each of those years, a small portion of administrative costs for urban renewal legal
consultation, speciality consultation, and the agency's share of the city-wide audit.
Additionally, the plaza project is being funded in the current fiscal and the street paving
portion of Phase I of Front Street reconstruction project and the undergrounding portion
of Phase II.
BJELLAND/NICHOLS... approve the attached reimbursement agreement between the
City of Woodburn and the Woodburn Urban Renewal Agency for fiscal years 2004-05
and 2005-06, and authorize the Chair of the Agency to execute said agreement.
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URBAN RENEWAL AGENCY MINUTES
APRIL 25, 2005
TAPE
READING
The motion passed unanimously.
0304 ADJOURNMENT.
NICHOLS/MCCALLUM... meeting be adjourned. The motion passed unanimously.
The meeting adjourned at 6:56 p.m..
"
ATTEST~~
M T ant, Ftecorder
City of Woodburn, Oregon
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