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Res 06-01 RESOLUTION NO. 06-01 A RESOLUTION ADOPTING A BUDGET FOR FISCAL YEAR 2006-07, MAKING APPROPRIATIONS AND LEVYING TAXES. THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. That the budget for fiscal year 2006-2007 is hereby adopted as set forth below. Section 2. That the budget amounts for the fiscal year beginning July 1,2006, and for the purposes shown below, are hereby appropriated: DEBT SERVICE FUND: Debt Service Operating Contingency $ 1,823,500 294,500 TOT AL APPROPRTA TlONS $ 2,118,000 Unappropriated Requirements: Reserve for Urban Renewal Agency Debt $ 342,000 TOT AL lJNAPPROPRTA TED REQUIREMENTS $ 342,000 TOT AL 2006-2007 URBAN RENEWAL BUDGET $ 2,460,000 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 ofrevenue that may be raised by dividing the taxes under Section Ie, Article IX of the Oregon Constitution and ORS Chapter 457. APPRO Approved as to Form Legal Counsel Passed by the Agency Submitted to the Chair Approved by the Chair ATTEST llltU.tn~'-.--f Mary Ten ant, Recorder City of Woodburn, Oregon Page 1 - Resolution No.06-01 '.... r