URA Resolution 2013-01 BudgetWOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2013 -01
A RESOLUTION ADOPTING THE WOODBURN URBAN RENEWAL DISTRICT
BUDGET FOR THE FISCAL YEAR 2013-2014; MAKING APPROPRIATIONS; AND
AUTHORIZING A CERTIFICATION TO THE MARION COUNTY TAX ASSESSOR
REGARDING TAX INCREMENT FINANCING
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the proposed budget on May 11, 2013;
and
WHEREAS, the Notice of Budget Hearing and Financial Summary
were published in the Woodburn Independent newspaper on May 29,
2013 as required by ORS 294.416; and
WHEREAS, a public hearing was held on June 10, 2013; NOW,
THEREFORE,
THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS:
Section 1. The Woodburn Urban Renewal Agency Board adopts the
Woodburn Urban Renewal District Budget for Fiscal Year 2013-14 in the
sum of $6,985,500. 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 2013-14, and for the
purposes shown below, are hereby appropriated as follows:
General Fund
Personal Services $ 154,487
Materials & Services 309,500
Capital Outlay 4,500,000
Debt Service 627,732
Contingency 1,393,781
Total $ 6,985,500
Section 3. Pursuant to Article IX (Finance) Section lc (Financing
Redevelopment and Urban Renewal Projects) of the Oregon Constitution
and ORS Chapter 457, the Woodburn Urban Renewal District, as an
"Option 1" urban renewal agency, authorizes certification to the Marion
County Assessor for the Woodburn Urban Renewal Agency Plan Area a
request for the maximum amount of revenue that may be raised by
dividing the taxes under Article IX, Section lc of the Oregon Constitution
with none of this amount to be raised by a special levy.
Page 1— RESOLUTION NO. 2013-01
Approved as to
Form ` v
City Attorney
I_�»:
Passed by the Agency
Submitted to the Chair
6,- j ( 0 2v
Date
)U'.e I0, aaI3
Approved by the Chair
ATTEST:
H tither Pierson, City Recorder
City of Woodburn, Oregon
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