Urban Renewal Resolution 2019-02 - FY2019-20 Budget WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2019-02
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET
FOR THE FISCAL YEAR (FY) 2019-20; MAKING BUDGET APPROPRIATIONS; AND
AUTHORIZING A CERTIFICATION TO THE MARION COUNTY TAX ASSESSOR
WHEREAS, the Woodburn Urban Renewal Agency Budget
Committee met and approved the Proposed Budget on April 27, 2019; and
WHEREAS, the Notice of Budget Hearing and Financial Summary were
published in the Woodburn Independent on May 29, 2019 as required by
ORS 294.438; and
WHEREAS, a public hearing was held on June 10, 2019; 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 2019-20 in the sum of $4,984,000. A copy of the
budget document is now on file at Temporary City Hall, 970 N. Cascade
Drive, Woodburn, Oregon.
Section 2. The amounts for the fiscal year beginning July 1, 2019 and
for the purposes shown below are hereby appropriated as follows:
Urban Renewal Fund FY 2019-20
Personnel Services $ 228,580
Materials&Services 271,120
Capital Outlay 3,713,500
Debt Service 268,500
Transfers 2,290
Contingency 200,010
Total Appropriations $ 4,684,000
Unappropriated & Reserves $ 300,000
Total Budget $ 4,984,000
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
Page 1— RESOLUTION NO. 2019-02
I" 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 $0 of this
amount to be raised by a special levy.
Ll
Approved as to Form: 2"0
� l
City Attorney Dat
APPROVED:
Eric Swenson, Mayor
Passed by the Council 3U 1(2:�r Z-0VOA
Submitted to the Mayor , _
Approved by the Mayor ;�,�
Filed in the Office of the Recorder
ATTEST:8,�.A YA�1')gb�
H other Pierson, City Recorder
City of Woodburn, Oregon
Page 2— RESOLUTION NO. 2019-02