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URA Resolution 2015-01URBAN RENEWAL RESOLUTION NO. 2015-01 A RESOLUTION APPROVING TRANSFERS OF FY 2014-2015 APPROPRIATIONS WHEREAS, ORS 294.463(1) permits "transfers of appropriations" within any fund "when authorized by official resolution or ordinance of the governing body"; and WHEREAS, transfers made pursuant to any of the above must state the need for the transfer, the purpose for the authorized expenditure, and the amount of the appropriation transferred; and WHEREAS, the transfers contained herein are made pursuant to ORS 294.463; and THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. That pursuant to the applicable ORS provisions cited above, the purpose for this transfer is to fund the Intergovernmental Agreement with Woodburn Fire District No. 6. The need for this transfer is to move the original Capital Outlay appropriation to Materials & Services so the payment can be processed. The amount transferred is $676,000. Category Original Transfer Revised Materials & Services 309,000 676,000 985,000 Capital Outlay 1,300,000 (676,000) 624,000 Section 2. That the Woodburn Urban Renewal Agency hereby approves the transfers of appropriations as shown above. Approved as to Form: eT')� City Attorney Passed by the Agency Submitted to the Chair Approved by the Chair i Z/ Zo/S Page 1 - URBAN RENEWAL RESOLUTION NO. 2015-01 ATTEST:WQLAP4 A &VO Hedather Pierson, City Recorder Cit of Woodburn, Oregon Page 2- URBAN RENEWAL RESOLUTION NO. 2015-01