Form UR-50 FY 2008-09FILE MEMO
From: Mary Tennant, City Recorder ~,.~~~-~
Date: July 14, 2008
Subject: FY 2008-09 UR-50 Form
On this date at approximately 11:35 a.m., I hand delivered the two copies of the City of
Woodburn UR-50 form certifying tax increment financing far the Woodburn Urban Renewal
District for fiscal year 2008-09 to the Marion County Assessor's office. Attached to the UR-50
form was a certified copy of Woodburn Urban Renewal Agency Resolution #08-02 which
adopted the budget for FY 2008-09, made budget appropriations, and levied tax increment
financing for the urban renewal plan area.
FORM 2~~~20~(~
UR-50 NOTICE TO ASSESSOR
^ Check here if this is
• Submit two (2) copies to county assessor by July 15. an amended form.
Notification
WOODBURN URBAN RENEWAL AGENCY authorizes its 2008-09 ad valorem tax increment amounts
(Agency Name)
by plan area for the tax roll of _ MARION COUNTY
(County Name)
Mary Tennant (503)982-5210 7/9/2008
(CoMact Personj (Telephone Number) (Date)
Woodburn City Hall, 270 Montgomery St., Woodburn, OR 97071 mary.tennant@ci.woodburn.or.us
(Agency's Mailing Aadress) (Contact Person's E-mail Address)
Part 1: Ootion One Plans (Reduced Ratel. fORS 457.435(21(a)1
Plan Area Name Amount from
Division of Tax Special Levy Special Levy Amount
100% ^ Yes ^ No
100% ^Yes ^No
100°/a ^ Yes ^ No
Part 2: Option Two Plans (Cascade Locks Agency Only). [ORS 457.435(2)(b)]
Plan Area Name Special Levy Special Levy Amount
^ Yes ^ No
Part 3: Ontion Three Plans (Standard Ratel. fORS 457.435(21(c)1
Plan Area Name Amount from
Division of Tax Special Levy Special Levy Amount
$ ^ Yes ^ No
$ ^ Yes ^ No
$ ^ Yes ^ No
Part 4: Other Standard Rate Plans [ORS 457.010(4)(b)j
Plan Area Name Amount from Division of Tax
100%
100%
100%
Part 5: Other Reduced Rate Plans (ORS 457.010(41fa11
Plan Area Name Amount from Division of Tax
Downtown Youn Street Ni hwa 99E (south cit limits to Highway 100°~0
211) and Highway 214 corridor, and North and South Front Streets ioo%
100°/a
,::~~ 5u,-u~~-~ tu,-ue~
RESOLUTION NO. 08-02
CERTlFIED TO ~E A ~^t~~if :~ir~~
CORRECT CQ'PY Qf THE ~"~'~GI~IAI,
~hes_ 9~day ofi ~~._~tl.vg
--L~~-. ~~,. '
REeOR R, C!TY C1F w00D8URN
A RESOLUTION ADOPTING A BUDGET FOR FISCAL YEAR 2008-09, MAKING
APPROPRIATIONS AND LEVYING TAXES.
THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS:
Section 1. That the budget for fiscal year 2008-09 is hereby adopted as set forth below.
Section 2. That the budget amounts for the fiscal year beginning July 1, 2008, and for the
purposes shown belo~~~, are hereby appropriated:
DEBT SERVICE FUND:
Debt Service
Operating Contingency
TOTAL APPROPRIATIONS
$ 2,293,000
387,548
Unappropriated Requirements:
Reserve for Urban Renewal Agency Debt
TOTAL UNAPPROPRIATED REQUIREMENTS
TOTAL 2008-~9 URBAN RENEWAL BUDGET
$ 2,680,548
$ 342,000
$ 3,022,548
Section 3. "I'hat 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 lc, Article IX of the
Oregon Constitution and ORS Chapter 457.
Approved as to Form~' ~~ -~'~ ~ ~ Q 0~
Legal Counsel
APPI~OVED
FIGLE~I,
Passed by the Agency
Submitted to the Chair
Approved by the Chair
_/June 9, 206~ ~
June 11, 2008
June 11, 2008
A"I°rES1~ ~
Mary Te ant, Recorder
City of Woodburn. Oregon
$ 342,000
Page 1 - Resolution No.08-02