CLASSIFIEDS
Thursday, January 21, 2021
101 Legal Notices
101 Legal Notices
101 Legal Notices
East Oregonian
101 Legal Notices
101 Legal Notices
101 Legal Notices
EO-11126
NOTICE TO INTERESTED
PERSONS
IN THE CIRCUIT COURT OF
THE STATE OF OREGON
FOR THE COUNTY OF
UMATILLA
PROBATE DEPARTMENT
CASE No: 20PB09080
EO-11136
PENDLETON DEVELOPMENT COMMISSION NOTICE
In accordance with ORS 457.460, a statement has been prepared and is on file with the City of Pendleton and the Pendleton Development Commission. The fol-
lowing notice is the statement on file and this information is made available to all interested persons.
FISCAL YEAR 2019/2020 RESOURCES AND EXPENDITURES
During FY19-20, the Pendleton Development Commission Riverfront Urban Renewal Agency received a total of $855,064 in tax increment revenues, $37,018 in
Jump Start Loan repayments, and $14,806 from interest income. The agency took out a credit line draw of $300,000 during the year. Maximum allowable indebt-
edness for the PDC is $33.5 million. As of June 30, 2020, the PDC has borrowed life to date, $5,650,000 and outstanding debt is $300,000. Table 1 identifies, by
source all the revenue received and expenditures made during fiscal year 2020. Second story development, façade restoration, and Jump Start expenditures, Vert
sidewalk repair and contributions to the Downtown Association were the most significant expenses.
FISCAL YEAR 2020/2021 ADOPTED BUDGET RESOURCES AND EXPENDITURES
For FY20-21, the Pendleton Development Commission Riverfront Urban Renewal Agency expects to receive $870,000 in tax increment revenues, $33,000 in Jump
Start loan repayments, and $11,000 interest. A draw on a line of credit is anticipated and new financing will be pursued for a total of $2,180,000. Expected expendi-
tures are presented as the budget adopted by the Commission in June 2020. Table 2 illustrates the information. The budget is available online at www.pendleton.
or.us under the Finance tab.
Table 1
Statement of Resources and Expenditures
for the Year Ended June 30, 2020 (Unaudited)
RESOURCES
Beginning Fund Balance July 1, 19
Tax Increment Receipts
External Loan Proceeds
Jump Start Loan Repayments & Misc
Grants
Investment Income
TOTAL RESOURCES
Operating
Fund
Debt Service
Fund
$732,732
0
300,000
37,180
0
6,407
$430,973
842,064
0
0
0
8,400
$1,076,319
$1,281,437
Table 2
Adopted Budget for Resources and Expenditures
for the Year July 1, 2020 through June 30, 2021
Operating
RESOURCES
Fund
Beginning Fund Balance
Tax Increment Receipts
Loan Proceeds
Jump Start Loan Repay
Investment Income
Debt Service
Fund
$11,400
0
2,180,000
33,000
4,000
$168,300
870,000
0
0
7,000
$2,228,400
$1,045,300
Materials & Services
Capital Outlay
Debt Service
Contingency
Reserve for Debt Service
994,720
1,232,500
0
1,180
0
93,120
0
900,000
0
52,180
TOTAL EXPENDITURES
$2,228,400
$1,045,300
TOTAL RESOURCES
EXPENDITURES
EXPENDITURES
Materials & Services
Capital Outlay
Debt Service
TOTAL EXPENDITURES
Ending Fund Balance, June 30, 2020
547,667
88,503
0
103,565
0
1,009,904
$636,170
$440,149
$1,113,469
$167,968
Note: All figures based on unaudited expenses and revenues for FY2019-2020.
(Prepared by the Riverfront Urban Renewal Agency pursuant to ORS 457.460)
ANALYSIS OF IMPACT OF CARRYING OUT THE URBAN RENEWAL PLAN ON THE TAX RATE FOR THE PRECEDING YEAR FOR ALL AFFECTED TAXING BODIES
Table 3
(Prepared by the Riverfront Urban Renewal Agency pursuant to ORS 457.460 (e))
Base Year
FY2019-20
FY 04/05
Change in
Taxes Levied
Percent of
Total
Permanent Incremental
Incremental Incremental
Impact
on total
Taxes Divided
Assessed
Tax Rate
Assessed
Assessed
Assessed
on
Assessed
for Urban
Taxing District
Value
Compressed Value
Value
Value
Taxes
Value
Renewal
Education
Education Service District
Blue Mt Community College
School Dist. 16R
School Dist. 16R Special Levy
6,748,638,377
6,748,638,377
1,607,833,475
1,607,833,475
0.5822
0.6252
4.2114
0.4
130,830,244
130,830,244
130,830,244
130,830,244
73,535,650
73,535,650
73,535,650
73,535,650
57,294,594
57,294,594
57,294,594
57,294,594
33,357
35,821
241,290
22,918
3,929,057
4,219,249
6,771,230
643,133
1.94%
1.94%
8.14%
8.14%
6,748,638,377
6,748,638,377
1,064,288,764
6,286,528,075
5,635,496,087
2.6938
0.1456
6.2193
0.1608
0.3482
130,830,244
130,830,244
130,830,244
130,830,244
130,830,244
73,535,650
73,535,650
73,535,650
73,535,650
73,535,650
57,294,594
57,294,594
57,294,594
57,294,594
57,294,594
154,340
8,342
356,332
9,213
19,950
18,179,482
982,602
6,619,131
1,010,874
1,962,280
1.94%
1.94%
12.29%
2.08%
2.32%
1,607,833,475
6,748,638,377
1,064,288,764
2.0861
0.2201
0.6041
130,830,244
130,830,244
130,830,244
73,535,650
73,535,650
73,535,650
57,294,594
57,294,594
57,294,594
119,522
12,611
34,612
3,354,101
1,485,375
642,937
8.14%
1.94%
0.00%
In the Matter of the Estate of:
JACK MILFORD STEWART,
JR.,
Deceased.
NOTICE IS HEREBY GIVEN
that the undersigned individual
has been appointed personal
representative of the estate of
Jack Milford Stewart, Jr., de-
ceased. All persons having
claims against the estate are
required to present them, with
vouchers attached, to the un-
dersigned personal representa-
tive in care of the law office of
Bendixsen Law, P.C., attorneys
for the personal representa-
tive at 245 E. Main St. Suite E,
Hermiston, OR 97838, within
four months after the date of first
publication of this notice, or the
claims may be barred.
All persons whose rights may
be affected by the proceedings
may obtain additional informa-
tion from the record of the court,
the personal representative, or
the attorneys for the personal
representative.
Dated and first published on
January 7, 2021.
/s/ Debbie S. Myers
Personal Representative
c/o Cameron Bendixsen,
Attorney for Personal
Representative:
Bendixsen Law, P.C.
245 E. Main St. Suite E
Hermiston, OR 97838
Tele: 541-567-5564
January 7, 14, 21, 2021
General Government
Umatilla County
Port of Umatilla
City of Pendleton
County Radio District
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A9
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Kelly : 541-564-4531
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Angela : 541-966-0827
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80406 Hwy 395 • Hermiston, OR • 541-567-2277 • fax 541-567-9139
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Angela : 541-966-0827