URA Resolution 2012-03: Adopting BudgetWOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2012-03
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL
BUDGET FOR THE FISCAL YEAR 2012-2013
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the Proposed Budget on May 5, 2012; and
WHEREAS, the Notice of Budget Hearing and Financial Summary
were published in the "Woodburn Independent" on May 30, 2012 as
required by ORS 294.438; and
WHEREAS, a public hearing was held on June 11, 2012; 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 2012-13 in the sum of $6,033,000. 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, 2011
and for the purposes shown below are hereby appropriated as follows:
General Fund
Personal Services
$ 79,891
Materials & Services
298,644
Capital Outlay
4,000,000
Debt Service
627,732
Contingency
1,026,733
Total
$ 6,033,000
Section 3. Using Option One, that the Woodburn Urban Renewal
Agency Board of the Woodburn Urban Renewal Agency 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 1 c, Article IX, of the
Oregon Constitution, and none of the amount to be raised through the
imposition of a special levy.
Section 4. This resolution shall be effective immediately upon its
passage.
Page 1— RESOLUTION NO. 2012-03
Introduced and adopted by the Woodburn Urban Renewal Agency of
Woodburn, Oregon on June 11, 2012.
Approved as to Form
Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
ATTEST:
Christina Shearef-L-iry Recorder
City of Woodburn, Oregon
Page 2 — RESOLUTION NO. 2012-03
lQllZ/Zd /Z
all