URA Resolution 2014-02WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2014-02
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEW1
BUDGET FOR A
THE FISCL YEAR 2014-2015
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the Proposed Budget on May 10, 2014;
and
WHEREAS, the Notice of Budget Hearing and Financial Summary
were published in the Woodburn Independent on May 21, 2014 as
required by ORS 294.416; and
WHEREAS, a public hearing was held on June 9, 2014; 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 2014-15 in the sum of $2,088,000. 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, 2014
and for the purposes shown below are hereby appropriated as follows:
General Fund
Personnel Services
$ 131,064
Materials & Services
309,500
Capital Outlay
1,300,000
Debt Service
227,732
Contingencies & Reserve
119704
Total
$2,088,000
Section 3. Pursuant to Article IX (Finance) Section I c (Financing
Redevelopr-rent and Urban Renewal Projects) of the Oregon Constitution
and ORS Chapter 457, the Woodburn Urban Renewal District, as an
''Option I" urban renewal agency, authorizes certification to the Marion
County Assessor for the Woodburn Urban Renewal Agency Plan Area a
request for the maximum amounf of revenue that may be raised by
dividing the taxes under Article IX, Section ]c of the Oregon Constitution
with none of this amount to be raised by a special levy.
Page 1 — Resolution No. 2014-02
'7" - —
Approved as to Form,-,�-- LO
City Attorney
Passed by the Agency
Submitted to the Chair
Approved by the Chair
"A
ATTEST*
Heather Pierson, City Recorder
City of Woodburn, Oregon
Page 2 — Resolution No114-1w
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