URA Resolution 2015-02WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2015-02
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET
FOR THE FISCAL YEAR 2015-2016
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the Proposed Budget on May 9, 2015; and
WHEREAS, the Notice of Budget Hearing and Financial Summarywere
published in the Woodburn Independent on May 27, 2015 as required by
ORS 294.438; and
WHEREAS, a public hearing was held on June 8, 2015; 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 2015-16 in the sum of $5,890,000. 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, 2015 and
for the purposes shown below are hereby appropriated as follows:
Urban Renewal Fund 75,550
Personnel Services $
Materials & Services 184,500
Capital Outlay 4,500,000
Debt Service 56,933
Contingency 1,703,017
Total $ 5,890,000
Section 3. Pursuant to Article IX (Finance) Section 1 c (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 1 c of the Oregon Constitution with none of this
amount to be raised by a special levy.
Page 1— RESOLUTION NO. 2015-02
Approved as to
Form: I /•
City Attorney
01''OT
Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
ATTEST:��� 1�
Heather Pierson, City Recorder
City of Woodburn, Oregon
Page 2 — RESOLUTION NO. 2015-02
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