Urban Renwal Agency

of the City of Hood River

Resolutoin 2014-URA-09

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 2014/15 in the total of $3,530,949 now on file at City Hall, 211 Second Street, Hood River, Oregon.

MAKING APPROPRIATIONS

 BE IT RESOLVED that the amounts for the fiscal year beginning July 1, 2014 and for the purposes shown below are hereby appropriated:


Debt Service Fund (Columbia Cascade)

 Plan……………………………………………………. $164,443
 Debt Service…………………………………………... $432,945
 Transfers………………………………………………. $1,015,140
 Contingency………………………………………….. $82,555
 
 Total          $1,695,083

Waterfront Plan Fund

 Materials & Services…………………………………… $37,500
 Debt Service…………………………………………… $161,738
 Transfers………………………………………………. $3,762
 Contingency………………………………………….. $19,500
 
 Total          $222,500

Heights Plan Fund

 Materials & Services…………………………………… $127,552
 Transfers………………………………………………. $1,198
 Contingency………………………………………….. $5,000

 Total          $133,750

 
General Fund

 Materials & Services…………………………………… $26,699
 Contingency……………………………………………. $4,000
 
 Total          $30,699


Capital Projects Fund

 State Street - Plan…………………………………… $250,000
 State Street - Bond………………………………………… $750,000
 
 Total          $1,000,000

 


     Total Appropriations, All Funds  $3,082,032
     Total Unappropriated, All Funds  $448,917
     Total Adopted Budget   $3,530,949

 


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.


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 and for the Heights 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 9 day of June, 2014.

 


                                                                                          _________________________________
                                                                   Hoby Streich, Chairperson

 

ATTEST:

 


____________________________                                                                
Jennifer Gray, City Recorder