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URA Res 2010-01: FY2010-11 BudgetURBAN RENEWAL RESOLUTION NO. 10-01 A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET FOR THE FISCAL YEAR 2010-2011 WHEREAS, the Woodburn Urban Renewal Agency Budget Committee met and approved the Proposed Budget on May 15, 2010; and WHEREAS, the Notice of Budget Hearing and Financial Summary were published in the "Woodburn Independent" on June 2, 2010 as required by ORS 294.416; and WHEREAS, a public hearing was held on June 14, 2010; NOW, THEREFORE, THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. The Woodburn Urban Renewal Agency Board adopts the budget for the fiscal year 2010-11 in the sum of $1,545,000. A copy of the budget document is now on file at City Hall, 270 Montgomery Street, Woodburn, Oregon. Section 2. The amounts for the fiscal year beginning July 1, 2010 and for the purposes shown below are hereby appropriated as follows: General Fund Materials & Services $ 227,750 Contingency 1,317,250 Total $1,545,000 Section 3. That the Woodburn Urban Renewal Agency Board hereby resolves to certify to the county assessor for the City of Woodburn Urban Renewal Agency Plan Area a request for the maximum amount of revenue that may be raised by dividing the taxes under section 1c, Article X1, of the Oregon Constitution, and none of the amount to be raised through the imposition of a special levy. Approved as to Form :r ­a ' V � 6 1 City Attorney Date Page 1— COUNCIL BILL NO. RESOLUTION NO. APPROVED: N Kathy n Fi Eley, Chai Passed by the Agency Submitted to the Chair Approved by the Chair i ATTEST: C—'-- hristin, a Sheare Cit Recorder City of Woodburn, regon Page 2 — COUNCIL BILL NO. RESOLUTION NO. LQ/I412vib le 115- 10 to 1/14 12 IQI