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November 12, 2019 URA Agenda CITY OF WOODBURN ERIDMEMB MEMBER DEBBIE CABRALES,BOARD MEMBER WARD � LISA ELLSWORTH,BOARD MEMBER WARD II ROBERT CARNEY, BOARD MEMBER WARD III URBAN RENEWAL AGENCY SHARON SCHAUB,BOARD MEMBER WARD IV MARY BETH CORNWELL,BOARD MEMBER WARD V AGENDA ERIC MORRIS,BOARD MEMBER WARD VI NOVEMBER 12, 2019 - 6:45 P.M. City Hall Council Chambers—270 Montgomery Street 1 . CALL TO ORDER 2. ROLL CALL 3. CONSENT AGENDA A. Urban Renewal meeting minutes of October 14, 2019 1 Recommended Action: Approve the minutes. 4. PRESENTATIONS None. 5. PUBLIC HEARINGS None. 6. GENERAL BUSINESS A. A Resolution Approving Transfers of FY 2019-2020 Appropriations 2 and Approving a Supplemental Budget for the Creation of a PERS Side Account Recommendation Action: Urban Renewal Board adoption of Resolution No. 2019-03 authorizing a $10,000 transfer to the Public Employees Retirement System (PERS) Reserve Fund. 7. PUBLIC COMMENT 8. ADJOURNMENT COUNCIL GOALS 2019-2021 Thematic Goals 1. Create an inclusive environment where residents participate and are engaged in the community (that is vibrant,safe and active). 2. Promote an environment that encourages sustainable economic health maximizing our geographic, workforce, cultural and community assets. November 12, 2019 Urban Renewal Agency Page i Strategic Goals 3. Create an inclusive environment where Woodburn residents want to participate and are engaged in the community. 4. Develop innovative funding sources to help support the completion of capital improvement projects. 5. Grow and support strategic partnerships for economic health. 6. Explore the development of a non-profit consolidation facility. 7. Improve Communication and Coordination with School District on matters of mutual interest. 8. Completion of the First Street remodel. 9. Completion of Phase 1 & 2 of the Community Center Project including the formation of an ad hoc steering committee to review and recommend design. 10. Creation of the Dick Jennings Community Leadership Academy. 11. Develop a strategy to limit PERS liability. 12. Establishment of a Woodburn 20 year community-visioning plan. October 14, 2019 URBAN RENEWAL AGENCY BOARD MEETING MINUTES OCTOBER 14, 2019 DATE COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN, COUNTY OF MARION, STATE OF OREGON, OCTOBER 14, 2019 CONVENED The meeting convened at 6:49 p.m. with Chair Swenson presiding. ROLL CALL Chair Swenson Present Member Schaub Present- 6:50 p.m. Member Cornwell Present Member Carney Present Member Morris Absent Member Ellsworth Present Staff Present: City Administrator Derickson, City Attorney Shields, Assistant City Administrator Row, Economic Development Director Johnk, Community Development Director Kerr, Operations Director Stultz, Communications Coordinator Moore, City Recorder Pierson CONSENT AGENDA A. Urban Renewal Agency minutes of August 12, 2019 Carney/Ellsworth... adopt the Consent Agenda. The motion passed unanimously. URG 2019-02: 247 N. Front Street(El Mercadito/Carmen Cruz) Economic Development Director Johnk provided a staff report. Carney/Schaub... approve URG 2019-02: 247 N. Front Street, El Mercadito/Carmen Cruz. The motion passed unanimously. URG 2019-03: 360-392-398 N. Pacific Highway (Whitney Kang/Tae Won Kang) Economic Development Director Johnk provided a staff report. Carney/Ellsworth... approve URG 2019-03 for 360-392-398 N. Pacific Highway, Whitney Kang/Tae Won Kang. The motion passed unanimously. ADJOURNMENT Mayor Swenson adjourned the meeting at 6:57 p.m. APPROVED ERIC SWENSON, CHAIR ATTEST Heather Pierson, City Recorder City of Woodburn, Oregon Page 1 —URA Board Minutes, October 14, 2019 1 �'I'1 r I Iii♦ r} Y 9M& Its BU Pri,e�arrt rr rf aA'!87 November 12, 2019 TO: Urban Renewal Agency Chair and Members FROM: Sandra Montoya, Finance Director SUBJECT: FY 2019/20 TRANSFER RESOLUTION FOR CREATION OF PERS SIDE ACCOUNT RECOMMENDATION: Urban Renewal Board adoption of Resolution No. 2019-03 authorizing a $10,000 transfer to the Public Employees Retirement System (PERS) Reserve Fund. No public hearing was required for this supplemental budget because the estimated expenditures contained in it are less than the threshold amount specified by ORS 294.473(1 ) (a). SYNOPSIS: Consistent with the City Council FY 2019/2020 Goals and the adopted Budget Polices, this transfer will help the City achieve the maximum PERS's side account contribution allowed under law. Under the PERS Program, PERS will provide a 25% match, bringing down the City's overall unfunded liability and savings to the City's operational costs over time. Agenda Item Review: City Administrator_x_ City Attorney_x_ Finance—x- 2 WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2019-03 A RESOLUTION APPROVING TRANSFERS OF FY 2019-2020 APPROPRIATIONS AND APPROVING A SUPPLEMENTAL BUDGET FOR THE CREATION OF A PERS SIDE ACCOUNT 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, ORS 294.463(2) limits "transfers of general operating contingency appropriations to no more than fifteen (15) percent of the total appropriations of the fund" unless adopted pursuant to a supplemental budget; 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, ORS 294.471 (1 )(a) permits supplemental budgets when "an occurrence of condition which had not been ascertained at the time of the preparation of a budget for the current year or current budget period which requires a change in financial planning"; and WHEREAS, ORS 294.473 requires the governing body to hold a public hearing on the supplemental budget when the estimated expenditures contained in the supplemental budget for fiscal year or budget period differ by ten (10) percent or more of any one of the individual funds contained in the regular budget for that fiscal year; and WHEREAS, no public hearing was required for this supplemental budget because the estimated expenditures contained in it are less than the threshold amount specified by ORS 294.473(1 )(a); and WHEREAS, the transfers contained herein are made pursuant to ORS 294.463; NOW, THEREFORE, THE CITY OF WOODBURN URBAN RENEWAL BOARD RESOLVES AS FOLLOWS: Section 1 . That pursuant to the applicable ORS provisions cited above, the City of Woodburn Urban Renewal Board hereby approves the applicable transfer and supplemental budget for FY 2019-20 in the amounts listed below. Page I of 2—RESOLUTION NO.2019-03 3 Urban Renewal Fund (720) Original Supplemental Revised Revenues Fund Balance $ 3,159,000 $ - $ 3,159,000 Taxes $ 785,800 $ - $ 785,800 Intergovernmental $ 1,000,000 $ - $ 1,000,000 Miscellaneous Revenue $ 39,200 $ - $ 39,200 Revenues Total $ 4,984,000 $ - $ 4,984,000 Expenditures Personnel Services $ 228,580 $ - $ 228,580 Materials &Services $ 271,120 $ - $ 271,120 Capital Outlay $ 3,713,500 $ - $ 3,713,500 Debt Service $ 268,500 $ - $ 268,500 Transfers $ 2,290 $ 10,000 $ 12,290 Contingency $ 500,010 $ (10,000) $ 490,010 Expenditures Total $ 4,984,000 $ - $ 4,984,000 Approved as to Form: City Attorney Date APPROVED: Eric Swenson, Chairman, URA Board Passed by URA Board Submitted to the Chairman Approved by the Chairman Filed in the Office of the Recorder ATTEST: Heather Pierson, City Recorder City of Woodburn, Oregon Page 2 of 2—RESOLUTION NO.2019-03 4