Public Alert: Get updates, cancellations, and resources related to coronavirus (COVID-19) here.


Agenda & Minutes

When available, the full agenda packet may be viewed as a PDF file by clicking the "Attachments" button and selecting the file you want to view.

Agendas are posted until the meeting date takes place.  Minutes are posted once they have been approved.

Medford Urban Renewal (View All)

Medford Urban Renewal Agency Meeting

Thursday, April 16, 2015

Thursday, April 16, 2015
The meeting was called to order at 6:42 p.m. in Council Chambers, City Hall, 411 W. 8th Street, Medford with the following members and staff present.
Boardmembers Chris Corcoran, Eli Matthews, Tim Jackle, Michael Zarosinski, Gary Wheeler, Clay Bearnson, Kevin Stine and Dick Gordon.
Boardmember Daniel Bunn was absent.
Executive Director Eric Swanson; City Attorney Lori Cooper; City Recorder Glenda Wilson.
20.    Approval or correction of the minutes of the January 15, 2015 regular meeting
         Approved as presented.
30.    Oral requests and communications from the audience
40.    Consent calendar
50.    Items removed from consent calendar
60.    Resolutions
70.    Public Hearings
80.    Director and other staff reports
80.1  Budget Discussion Alison Chan, Finance Director
Ms. Chan addressed the Boardmembers and provided an overview of the revenue projections and bond payment schedule for the upcoming biennium.  She noted there is approximately $380,000 in unallocated funds and she requested Board direction regarding the allocation of these funds in the preliminary budget. She proposed that these funds be allocated in the N. Riverside Parking lot project as a starting point for discussion by the Budget Committee.  Boardmembers concurred.
Ms. Chan then addressed the issue of payment options for the remaining bonds.  The Board has the option to continue to collect the full amount and pay off the remaining bonds early;  discontinue collection of the special levy and take longer to pay off the bonds; or only collect sufficient funds to pay off the bonds per the schedule originally set for pay off.
Boardmember Gordon spoke to the issue and stated that this is an opportunity for the Board to balance the recent increases in fees by no longer collecting the special levy.  Ms. Chan noted that she will be presenting the options for the Budget Committee to discuss and recommend at the Budget meeting.
 90.    Propositions and remarks from the Board members, including committee reports
100.  Adjournment
         There being no further business the meeting adjourned at 7:00 p.m.
The proceedings of the meeting were recorded and are filed in the City Recorder's office. The complete agenda of this meeting is filed in the City Recorder's office.
Glenda Wilson
City Recorder

© 2020 City Of Medford  •  Site Handcrafted in Ashland, Oregon by Project A


Share This Page

Back to Top