URA Resolution 2017-01 - 17/18 Budget WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2017-01
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET
FOR THE FISCAL YEAR (FY) 2017-2018; MAKING BUDGET APPROPRIATIONS;
AND IMPOSING THE TAXES
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the Proposed Budget on May 13, 2017; and
WHEREAS, the Notice of Budget Hearing and Financial Summary were
published in the Woodbum Independent on May 31 , 2017 as required by
ORS 294.438; and
WHEREAS, a public hearing was held on June 12, 2017;
WHEREAS, subsequent to the Notice of Budget Hearing and Financial
Summary publishing a $100,000 specific purpose grant was awarded for the
museum restoration project and the grant award is outside of Oregon
Budget Law per ORS 294.338(2), and the funding and expenditure will be
added to the FY 2017-18 budget; 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 2017-18 in the sum of $2,904,060 ($2,804,060
approved and published budget + $100,000 special purpose grant). 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 , 2017 and
for the purposes shown below are hereby appropriated as follows:
Page 1— RESOLUTION NO. 2017-01
Urban Renewal Fund
Personnel Services $ 93,152
Materials & Services 96,111
Capital Outlay 922,0010
Contingency 100,000
Total Appropriations $ 1,211 ,263
Unappropriated & Reserves $ 1 ,692,797
Total Budget $ 2,904,060
Section 3. Pursuant to Article IX (Finance) Section 1c (Financing
Redevelopment and Urban Renewal Projects) of the Oregon Constitution
and ORS Chapter 457, the Woodburn Urban Renewal District, as an "Option
V 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 faxes
under Article IX, Section I c of the Oregon Constitution with none of this
amount to be raised by a special levy.
Approved as to Form.
City Attorney Date'
APPROV D:5
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Passed by the Council -�,Lws Id-i 7-diz
Submitted to the Mayor ctmp- J-",(:z
Approved by the Mayor
Filed in the Office of the Recorder any, /11,
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ATTEST:
Heather Pierson, Cify Recorder
City of Woodburn, Oregon
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