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Res 09-01 - Adopt Budget 2009-10FILE MEMO FROM: Mary Tennant ~~ City Recorder DATE: July 13, 2009 SUBJECT: Clerical Correction to Urban Renewal Agency Resolution 09-01 On this date, received a telephone call from Leslie at the Marion County Assessor's Office stating that she had been reviewing the UR-50 form submitted to the County on July 10, 1009 prior to processing document for 2009-10 tax rolls and found that in Section 2 of the Resolution, sentence referring to "Total 2008-09 Urban Renewal Budget" should read "Total 2009-10 Urban Renewal Budget". Since the rest of the document adopts the budget and levies taxes for Fiscal Year 2009-10, she was just going to cross out 2008-09 and replace it with 2009-10 and requested that I do the same. It should be noted that the Resolution has been the same basic document over the last few years and the numbers are updated annually. In this case, this particular number was not updated when the draft Resolution was produced. RESOLUTION NO. 09-O1 A RESOLUTION ADOPTING A BUDGET FOR FISCAL YEAR 2009-2010, MAKING APPROPRIATIONS AND LEVYING TAXES. THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. That the budget for fiscal year 2009-2010 is hereby adopted as set forth below. Section 2. That the budget amounts for the fiscal year beginning July l, 2009, and for the purposes shown below, are hereby appropriated: DEBT SERVICE FUND: Debt Service Operating Contingency $ 1,006,407 682,593 TOTAL APPROPRIATIONS Unappropriated Requirements: Reserve for Urban Renewal Agency Debt TOTAL UNAPPROPRIATED REQUIREMENTS TOTAL 2008-09 URBAN RENEWAL BUDGET $1,689,000 $ 342,000 $ 342,000 $ 2,031,000 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 lc, Article IX of the Oregon Constitution and ORS Chapter 457. Approved as to Form Legal Counsel Passed by the Agency Submitted to the Chair Approved by the Chair ATTEST ~ ~-- Mary Tenn t, Recorder City of Woodburn, Oregon Page 1 - Resolution No.09-O1 June 10, 2009 June 10, 2009