Res 05-01 Adopt 05/06 Budget
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
$ 1.257.500
TOT AL APPROPRIATIONS
$ 1,257,500
Unappropriated Requirements:
Reserve for Urban Renewal Agency Debt
$ 71.500
TOTAL UNAPPROPRIATED REQUIREMENTS
$ 71 ,500
TOT AL 2005-2006 URBAN RENEWAL BUDGET
$ 1,329,000
Section 3. That the Woodburn 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 1 c, Article IX of the
Oregon Constitution and ORS Chapter 457.
Approved as to Form r-y;. ~ {; - 2 f - Zoo S
Legal Counsel
Passed by the Agency
Submitted to the Chair
Approved by the Chair
ATTEST j1(~ ~
Mary Te t, Recorder
City of Woodburn, Oregon
June 29.
Page 1 - Resolution No.05-01