URA Resolution 2018-01 - 18/19 Budget WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2018-01
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET
FOR THE FISCAL YEAR (FY) 2018-2019; MAKING BUDGET APPROPRIATIONS;
AND IMPOSING THE TAXES
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the Proposed Budget on April 28, 2018; and
WHEREAS, fhe Notice of Budget Hearing and Financial Summary were
published in the Woodburn Independent on May 30, 2018 as required by
ORS 294.438; and
WHEREAS, a public hearing was held on .lune 11, 2018; 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 2018-19 in the sum of $5,515,000. 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 , 2018 and
for the purposes shown below are hereby appropriated as follows:
Urban Renewal Fund
Personnel Services $ 140,180
Materials & Services 229,930
Capital Outlay 4,945,000
Contingency 199,890
Total Appropriations $ 5,515,000
Unappropriated & Reserves $ -
Total Budget $ 5,515,000
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
1" urban renewal agency, authorizes certification to the Marion County
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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 1c of the Oregon Constitution with none of this
amount to be raised by a special levy.
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Approved as to Form:.
City Attorney Date
APPROVE
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Passed by the Agency -�u ne� wog -
Submitted to the Chair
Approved by the Chair
Filed in the Office of the Recorder
ATTEST:
Heather Pierson, City Recorder
City of Woodburn, Oregon
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