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BAWA Resolution No. 2024-17RESOLUTION NO.2024-17 RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN AREA WATER AUTHORITY AUTHORIZING THE ISSUANCE OF THE BAYTOWN AREA WATER AUTHORITY WATER SUPPLY CONTRACT REVENUE BONDS,SERIES 2024 (CITY OF BAYTOWN PROJECT);APPROVING OTHER MATTERS RELATED THERETO;AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ********:»:******************************************************************* WHEREAS,it is officially found and detennined that the Baytown Area Water Authority (the "Authority")was organized, created, and established pursuant to Chapter 600, Acts of the 63rd Legislature of the State of Texas, Regular Session, 1973, as amended, and as codified in Chapter 8104,Texas Special District Local Laws Code (the "Act");and WHEREAS,the Act authorizes the Authority to issue bonds for the purpose of financing the Project (as defined herein);and WHEREAS,the Authority desires to issue,as authorized by the Act,bonds for the purpose of making,purchasing,constructing,leasing or otherwise acquiring,enlarging,expanding and modifying the Project (as hereinafter defined);and WHEREAS,pursuant to Section 49.181(h)(1)(D),Texas Water Code,the issuance of the bonds by the Authority is exempt from the requirements of Section 49.181,Texas Water Code; and WHEREAS,pursuant to Section 49.183(d),Texas Water Code,the Authority's issuance of the bonds is exempt from the requirements of Section 49.183(a)-(c),Texas Water Code;and WHEREAS,the meeting at which this Resolution is being considered is open to the public as required by law, and the public notice of time,place and purpose of said meeting was given as required by Chapter 551,Texas Government Code, as amended; NOW THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN AREA WATER AUTHORITY: ARTICLE 1 FINDINGS AND DETERMINATIONS Section I:Findimzs.The declarations,detenninations and findings declared,made and found in the preamble to this Resolution are hereby adopted,restated and made a part of the operative provisions hereof.