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MDD Resolution No. 487 RESOLUTION NO. 487 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT DISSOLVING AND RESCINDING PREVIOUS VERSIONS OF THE BUSINESS IMPROVEMENT GRANT (BIG); PROVIDING FOR A REPEALING CLAUSE; MAKING OTHER PROVISIONS RELATED THERETO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ************************************************************************************* BE IT RESOLVED BY BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT: Section 1: That the Board of Directors of the Baytown Municipal Development District,hereby dissolves and rescinds the previous versions of the Business Improvement Grant(BIG)program, including Resolutions 414,441,and 459. Section 2: All resolutions or parts of resolutions inconsistent with the terms of this resolution are hereby repealed, provided, however, that such repeal shall be only to the extent of such inconsistency and in all other respects this resolution shall be cumulative of other resolutions regulating and governing the subject matter covered by this resolution. Section 3: This resolution shall take effect immediately from and after its passage by the Board of Directors of the Baytown Municipal Development District. INTRODUCED, READ and PASSED by the affinnative vote of the Board of Directors of the Baytown Municipal Development District this the 24"'day of October,2024. ANDON C PE LO, President Ff , `O�OL.,UL ANGELA J KS ssistarit Secretary%� � OF APPROVED AS T FO SCOTT ENrdNDI General Counsel R Ordinances and ResoluuonAlkesolutton DraftAMI) 110.24.24\Resolution Dissolving BIG Grant and Authorizing the Baytown Catalyst Fund Proguam.docx