HomeMy WebLinkAboutDevelopment Commission Resolution 2018-03 Resolution No 2018-03
BEFORE THE
CENTRAL POINT DEVELOPMENT COMMISSION
A
RESOLUTION ADOPTING THE BUDGET, MAKING
APPROPRIATIONS,
AND DECLARING TAX INCREMENT
The Central Point Des elopmcnt C omnussion resole es as folloe s•
Section 1. The budget for fiscal sear 2018-19 in the total of$586,000 is
adopted. This budget is non on file at the Cih of Central Point Finance
Offices. 140 South Third Street, Central Point, OR 97502
Section 2. The amounts for the fiscal scar beginning July 1, 2018: and
tix the purposes shoe n below are appi opriated
GENERAL FUND
Personal Services $0
Materials& Services $57,500
Capital Outlay $235,000
Debt Service $248,000
Continency $45,500
TOTAL GENERAL FUND S586,000
Section 3. I he Board of Directors certify to the county assessor a request
for the Downtown & East Pine Street Corridor Re%dahration Plan Arca
for the maximum amount of re$enue that may he raised by dividing the
taxes under Section Ic,Article IX, of the Oregon Constitution and ORS
Chapter 457
I he abov e resolution statements"ere approx ed and declared adopted on
this Id"' day of June, 2018.
I lank Williams. Chair
Central Point Development Commission
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