HomeMy WebLinkAboutResolution SEDA 2009-01 06/08/2009 SPRINGFIELD ECONOMIC DEVELOPMENT AGENCY
RESOLUTION NO. 2009-01
A RESOLUTION ADJUSTING RESOURCES AND REQUIREMENTS IN THE FOLLOWING FUNDS:
SEDA Glenwood General and SEDA Downtown General
WHEREAS,the 2008-2009 fiscal year appropriations for the Springfield Economic Development Agency(SEDA)
were made by Resolution No.2008-01 dated June 23,2008;and,
WHEREAS,at various times during the fiscal year the SEDA Board of Directors is requested to make adjustments to
the fiscal year budget to reflect needed changes in planned activities,to recognize new revenues,or to make other required
adjustments;and,
WHEREAS,the SEDA Board of Directors handles such requests for adjustment to the budget through Supplemental
Budget Resolutions presented at public hearings at which the public may comment on such requests;and,
WHEREAS,notice of a public hearing,including information regarding such revenues and expenditures was published
in a newspaper of general circulation not less than 5 days prior to the public meeting.
NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SPRINGFIELD
ECONOMIC DEVELOPMENT AGENCY,An Urban Renewal Agency of the State of Oregon,as follows:
Section 1. Supplemental Budget No.2 for the 2008-2009 Fiscal Year amending Resolution 2008-01 is hereby adjusted as
follows:
SEDA GLENWOOD GENERAL-FUND 229
Estimated Revenues Appropriations
$ - Departmental Materials and Services
City Manager's Office $ (230,350)
Finance 10,350
Public Works 183,000
Total Departmental (37,000)
Non Departmental
Interfund Transfers $ 220,000
Reserves (183,000)
Total Dept.Materials&Services 37,000
Total SEDA Glenwood General Total SEDA Glenwood General
Fund S_ - Fund S -
Attachment A-Page 1
SEDA DOWNTOWN GENERAL-FUND 230
Estimated Revenues Appropriations
Interfund Loan Received $ 303,000 Departmental Materials and Services
City Manager's Office $ (5,150)
Development Services $ 303,000
Finance 5,150
Total Dept. Materials&Services 303,000
Total SEDA Glenwood General Total SEDA Glenwood General
Fund $ 3034)110 Fund 03.000
Estimated Revenues Appropriations
Total Supplemental Budget $ 303,000 Total Supplemental Budget $ 303,000
Section 2. This resolution shall take effect upon adoption by the Board of Directors.
Adopted by the Board of Directors of the Springfield Economic Development Agency this 8th day of June,2009,by a vote
of 5 for and 0 against.
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Joe Pishioneri
pringfield Economic Development Agency
Board of Directors
ATTEST:
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Christine Lundber_e retary
Springfield Economic De - opment Agency
Board of Directors
REVIEWED a APPROVED
AS TO FORM
DATE: t'„/3/a
BPRINQFlaD ECONomc DEvaopmewr
Attachment A-Page 1