HomeMy WebLinkAboutCouncil Resolutions 2025-03 Resolution No. 2025-03
BEFORE THE
CENTRAL POINT DEVELOPMENT COMMISSION
A
RESOLUTION ADOPTING THE BUDGET,MAKING
APPROPRIATIONS,
AND DECLARING TAX INCREMENT
The Central Point Development Commission resolves as follows:
Section 1.The budget for fiscal year 2025-26 in the total of$3,303,195
is adopted. This budget is now on file at the City of Central Point
Finance Offices, 140 South Third Street, Central Point,OR 97502.
Section 2.The amounts for the fiscal year beginning July 1,2025;and
for the purposes shown below are app p ro riated:
GENERAL FUND
Personal Services
Materials & Services $50,000
Capital Outlay �� - $75,000
Debt Service $383,045
Contingency $100,000
Ending Fund Balance $2,695,150
TOTAL GENERAL FUND $3,303,195
Section 3.The Central Point Development Commission certify to the
county assessor a request for the Downtown&East Pine Street Corridor
Revitalization Plan Area for the maximum amount of revenue that may
be raised by dividing the taxes under Section lc,Article IX,of the
Oregon Constitution and ORS Chapter 457.
The above resolution statements were approved and declared adopted on
this 26th day of June,2025
Taneea Browning,C r
Central Point Development Commission
ATTEST
Rachel Neuenschwander, Recorder