1. CALL TO ORDER AND ROLL CALL: Chair Woodruff called the meeting to order at 2:33 p.m. Chair Woodruff and Agency Members Kelly, Hanes, Welch, Campbell and Holland, and Laypersons Canfield, Tryon, O’Neil, and Perkins answered the roll. Agency Member Cutter and Laypersons Rivers and Watson were excused. A quorum was present.
2. SELECTION OF BUDGET COMMITTEE CHAIR: Mr. Welch nominated Ms. Woodruff for Chair. Mr. Kelly seconded, and the motion carried unanimously on a voice vote.
3. PUBLIC HEARING - Waldport Urban Renewal Agency Budget for FY 2010/2011: Ms. Woodruff opened the Public Hearing. There were no public comments. The Budget Committee commenced review of the proposed budget. City Manager Leonard noted that action would be needed in order to fund the proposed Woodland Trail grant. Mr. Campbell moved to amend the Urban Renewal #2 Construction Fund by increasing appropriations for a Woodland Corridor Trail by $118,360, increasing revenues for grant proceeds by $94,400, increasing revenues for donations by $13,500, and decreasing contingency by $10,460. Mr. Welch seconded. Following a brief discussion, the motion carried unanimously on a voice vote.
    No further changes were proposed to the budget. Mr. Welch moved to accept the proposed budget as amended and recommend its adoption to the Waldport Urban Renewal Agency, to approve taxes for the 2010/2011 fiscal year at the maximum amount from Division of Taxes and no special levy amount for the Urban Renewal #1 Plan, and to approve taxes for the 2010/2011 fiscal year at the maximum amount from Division of Taxes for the Urban Renewal #2 Plan. Ms. Hanes seconded, and the motion carried unanimously on a voice vote.
4. ADJOURNMENT: At 2:50 p.m., there being no further business to come before the Committee, the meeting was adjourned.

Respectfully submitted,
Reda A. Quinlan, City Recorder

APPROVED by the Waldport Urban Renewal Agency this 10th day of June, 2010.
SIGNED by the Chair this 10th day of June, 2010.

Susan Woodruff, Chair