URA Resolution No. 2020-01 - URA Budget WOODBURN URBAN RENEWAL AGENCY RESOLUTION NO. 2020-01
A RESOLUTION ADOPTING THE CITY OF WOODBURN URBAN RENEWAL BUDGET
FOR THE FISCAL YEAR (FY) 2020-21; 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 May 14, 2020; and
WHEREAS, the Notice of Budget Hearing and Financial Summary were
published in the Woodburn Independent on March 27, 2020 as required by
ORS 294.438; and
WHEREAS, a public hearing was held on .lune 8, 2020; 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 2020-21 in the sum of $1,953,260. 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 , 2020 and
for fhe purposes shown below are hereby appropriated as follows:
Urban Renewal Fund FY 2020-21
Administration 1,225,990
Debt Service 335,130
Transfers -
Contingency 92,140
1,653,260
Unappropriated &Reserves 300,E
Total Budget 1,953,260
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 faxes
Page 1-- RESOLUTION NO. 2020-01
under Article IX, Section I c of the Oregon Constitution with none of this
amount to be raisedby a special levy.
Approved as to Form:./')� a —61SIZO
City Attorney Dat4
APPROVED:
Eric Swenson, Mayor
Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder 7
ATTEST:
Heather Pierson, City Recorder
City of Woodburn, Oregon
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