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MDD Resolution No. 492 RESOLUTION NO. 492 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING AND DIRECTING THE GENERAL MANAGER TO HONOR THE DISBURSEMENT REQUEST FROM THE HYATT REGENCY BAYTOWN-HOUSTON FOR PAYMENT OF THREE-HUNDRED THOUSAND DOLLARS ($300,000.00); AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ***************************************************************************** BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT: Section 1: That the Board of Directors of the Baytown Municipal Development District hereby authorizes and directs the General Manager to honor the disbursement request from the Hyatt Regency Baytown-Houston for payment of Three-Hundred Thousand Dollars (S300,000.00). Section 2: This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ, and PASSED by the affinnative vote of the Board of Directors of the Baytown Municipal Development District, this the 23`d day of January, 2025. C ARLE9 JOI ON, President ATTEST: ��,��. 6r;;;, �•!.:n •' a' :, �.��`��WM�f�i���ii 8 � � A GEL C ON,',4ssis1anf Secreta-A, -p r \\•} pAiA OF Z APPROVED A TO ORM. SCOTT L TND, General Counsel R:Ordinances and Resolutions Resolution Drafts MDD 2025-1-23 Hyatt Disbursement.doex