Res 08-02 - Adopting 08-09 BudgetRESOLUTION NO. OS-02
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 below, are hereby appropriated:
DEBT SERVICE FUND:
Debt Service $ 2,293,000
Operating Contingency 3 87,548
TOTAL APPROPRIATIONS $ 2,680,548
Unappropriated Requirements:
Reserve for Urban Renewal Agency Debt 342 000
TOTAL UNAPPROPRIATED REQUIREMENTS $ 342,000
TOTAL 2008-09 URBAN RENEWAL BUDGET $ 3,022,548
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 maybe raised by dividing the taxes under Section 1 c, Article IX of the
Oregon Constitution and ORS Chapter 457.
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Approved as to Form
Legal Counsel
Passed by the Agency
Submitted to the Chair
Approved by the Chair
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APP OVED
KAT FIGLE , C A
June 9, 20
June 11, 2008
June 11, 2008
ATTEST .~
Mary Te ant, Recorder
City of Woodburn, Oregon
Page 1- Resolution No.08-02