Minutes - 12/12/2005
URBAN RENEWAL AGENCY MEETING MINUTES
DECEMBER 12, 2005
TAPE
READING
0001 DATE. COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN,
COUNTY OF MARION, STATE OF OREGON, DECEMBER 12, 2005.
CONVENED. The Urban Renewal Agency meeting convened at 6:45 p.m. with Chair
Figley presiding.
0015 ROLL CALL.
Chair Figley Present
Member Bjelland Present
Member Cox Present
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 Manager Rohman, City Recorder Tennant
0029 CONSENT AGENDA.
A) approve Urban Renewal Agency Minutes of September 12,2005
MCCALLUM/NICHOLS... adopt the Consent Agenda as presented. The motion
passed unanimously.
0060 AUDIT REPORT FOR FISCAL YEAR 2004-05.
Finance Director Gillespie stated that this is the second year of this Agency's existence
and the document is fairly straight forward. In addition to the financial statements, the
report includes (1) the Auditor's opinions, and (2) the Management Discussion and
Analysis which is an executive summary for the Agency. It was noted that the major
transactions for fiscal year 2004-05 were the receipt of the tax increment funds and the
repayment of funds to the City General Fund for monies advanced for urban renewal
projects. He stated that GASB 34 places a lot of emphasis on net assets and as of June
30,2005, the net assets totaled $325,000 which is $30,000 more than last year.
NICHOLS/MCCALLUM... accept the audit report for 2004-05 as presented. The
motion passed unanimously.
Page 1 - Urban Renewal Agency Minutes, December 12,2005
URBAN RENEWAL AGENCY MEETING MINUTES
DECEMBER 12, 2005
TAPE
READING
0278 ADJOURNMENT.
MCCALLUM/SIFUENTEZ... meeting be adjourned. The motion passed unanimously.
The meeting adjourned at 6:53 p.m..
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ATTEST / ~ O-Jt'. ~/<- C -
Mary Te ant, Recorder
City of Woodburn, Oregon
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Page 2 - Urban Renewal Agency Minutes, December 12, 2005