RESOLUTION 2010-18

 
ADOPTING THE BUDGET

 BE IT RESOLVED that the Board of Directors of the Urban Renewal Agency of the City of Hood River hereby adopts the budget for fiscal year 2010/11 in the total of $15,870,597 now on file at the City Administration Building, 301 Oak Street, Hood River, Oregon.
MAKING APPROPRIATIONS

 BE IT RESOLVED that the amounts for the fiscal year beginning July 1, 2010 and for the purposes shown below are hereby appropriated:


Debt Service Fund (Columbia Cascade)

 Material & Services…………………………………… $129,514
 Debt Service…………………………………………... $312,969
 Transfers………………………………………………. $7,102,214
 Contingency………………………………………….. $100,000
 
 Total          $7,644,697


Waterfront Plan Fund

 Material & Services…………………………………… $5,000
 Debt Service…………………………………………… $10,000
 Transfers………………………………………………. $3,300
 Contingency………………………………………….. $10,000
 
 Total          $28,300


General Fund

 Material & Services…………………………………… $101,000
 Contingency………………………………………….. $15,000
 
 Total          $116,000
 
Capital Projects Fund
 Material & Services…………………………………… $1,348,217
 Capital Outlay………………………………………… $5,029,367
 Contingency…………………………………………... $748,930
 
 Total          $7,126,514

     Total Appropriations, All Funds  $14,915,511
     Total Unappropriated, All Funds  $955,086
     Total Adopted Budget   $15,870,597


DECLARATION OF TAX INCREMENT
Option One

 BE IT RESOLVED that the Board of Directors of the Urban Renewal Agency of the City of Hood River hereby resolves to certify to the county assessor for the Columbia Cascade Plan Area a request for the maximum amount of revenue that may be raised by dividing the taxes under Section 1c, Article IX, of the Oregon Constitution, and the Remainder of Authority as the amount to be raised through the imposition of a special levy.

Other Plans

 BE IT RESOLVED that the Board of Directors of the Urban Renewal Agency of the City of Hood River hereby resolves to certify to the county assessor a request for the Waterfront Plan Area for the maximum amount of revenue that may be raised by dividing the taxes under Section 1c, Article IX, of the Oregon Constitution and ORS Chapter 457.
  
 The above resolution statements were approved and declared adopted on this 17 day of June, 2010.
 

                                                                 _________________________________
                                                                   Robert Hastings, Chair

ATTEST:


____________________________                                                                
Jennifer McKenzie, City Recorder