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MDD Resolution No. 247RESOLUTION NO. 247 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE GENERAL MANAGER TO EXECUTE AND THE ASSISTANT SECRETARY TO ATTEST TO THE FIRST AMENDMENT TO THE INTERLOCAL AGREEMENT WITH THE CITY OF BAYTOWN FOR FUNDING INSPECTION FEES ASSOCIATED WITH THE TRAFFIC SIGNAL AND MITIGATION AGREEMENT AMONG THE CITY OF BAYTOWN, TRAAZ PROPERTIES, LLC, AND BCHPW DEVELOPMENT LP; AUTHORIZING PAYMENT OF AN AMOUNT NOT TO EXCEED THIRTY -EIGHT THOUSAND AND NO 1100 DOLLARS ($38,000.00); 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 finds that the expenditures authorized herein are for improvements, which satisfy the purposes for which the funds can be expended pursuant to Chapter 377 of the Texas Local Government Code and/or Section 3888.102 of the Special District Local Laws Code. All required findings pursuant thereto are hereby declared to have been made and adopted as findings of the Board of Directors. Section 2: That the Board of Directors of the Baytown Municipal Development District hereby authorizes the General Manager to execute and the Assistant Secretary to attest to the First Amendment to the Interlocal Agreement with the City of Baytown for funding inspection fees associated with the Traffic Signal and Mitigation Agreement among the City of Baytown, TRAAZ Properties, LLC, and BCHPW Development LP. A copy of the amendment is attached hereto as Exhibit "A," and made a part hereof for all intents and purposes. Section 3: That the Board of Directors of the Baytown Municipal Development District hereby authorizes the payment of an amount not to exceed THIRTY -EIGHT THOUSAND AND NO /100 DOLLARS ($38,000.00) to the City of Baytown in accordance with the agreement referenced in Section 2 hereof. Section 4: This resolution shall take effect immediately Board of Directors of the Baytown Municipal Development District. INTRODUCED, READ and PASSED by the affirmative Baytown Municipal Development District, this the 6h day of Novei A ST: ETICIA BRYSCH, As ' ant Secretary Icn=° after its passage by the the Board of Directors of the 14. 0 14. November\ ResolutionApproveFvstAmendment2Agreement4TraflicSignal &Mitigation doc E +Iw+Aa T G. • • • FIRST AMENDMENT TO THE AGREEMENT FOR FUNDING A PORTION OF THE INSPECTION FEES ASSOCIATED WITH THE TRAFFIC SIGNAL AND MITIGATION PROJECT STATE OF TEXAS § • COUNTY OF HARRIS § THIS First Amendment ("First Amendment")to that certain "a Portion of the Inspection Fees associated with the Traffic Signal and Mitigation Project"(the"Agreement")effective July 3, 2013,by and between the BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT, a political subdivision of the State of Texas, hereinafter called"District," and THE CITY OF BAYTOWN, a home-rule municipal corporation located in Harris and Chambers Counties,Texas,hereinafter called the"City"is made by and between the same parties on the date hereinafter last specified. WHEREAS, the District desires to promote new or expanded business development within its boundaries;and WHEREAS, District and City entered into the Agreement for the Funding a Portion of the Inspection Fees associated with the Traffic Signal and Mitigation Project; however, additional funding is necessary for the completion of the Project;and WHEREAS, the District and the City desire to amend the Agreement for the additional funds necessary for the completion of the Project up to an amount not to exceed THIRTY-EIGHT THOUSAND AND NO/100 DOLLARS($38,000.00); NOW THEREFORE, for and in consideration of the premises and mutual covenants herein contained, it is agreed as follows: 1. Definitions. Unless a different meaning clearly appears from the context, words and phrases as used in this First Amendment shall have the same meanings as in the Agreement. 2. Amendments. Section 5 "Funds to be provided by the District" of the Agreement is hereby amended as follows: Section 5. Funds to be provided by the District. For and in consideration of the services to be provided by the City in furtherance of this Agreement, the District shall tender funds to the City in an amount not to exceed EIGHTY-EIGHT THOUSAND AND NO/100 DOLLARS ($88,000.00). All payments required to be made herein shall be payable on or before 30 days after the District receives an invoice therefor from the City. 3. Entire Agreement. The provisions of this First Amendment and the provisions of the Agreement should be read together and construed as one agreement provided that, in the event of any First Amendment to the Agreement for Funding of a Portion of the Inspection Fees associated with the Traffic Signal and Mitigation Project,Page 1 • • conflict or inconsistency between the provisions of this First Amendment and the provisions of the Agreement,the provisions of this First Amendment shall control. IN WITNESS WHEREOF,the parties have made and executed this First Amendment in multiple copies,each of which shall be an original and effective on the 6th day of ember,2014. CITY OF BAYTOWN BAYTO CIPAL DEVEL NT DISTRICT OBERT D. LEIPER ST P . DONCARLOS City Manager P 'dent A T: ATTE T: ETICIA BRYSCH LETICIA BRYSCH City Clerk Assistant Secretary APPROVED AS TO FORM: APPROVED AS TO FORM: ACIO RAMIREZ, SR. ACIO RAMIREZ, SR. City Attorney General Counsel oitiiusinot .t Ott. set -17 �. O i ® . • • G' �Y R.\Karen\F,les\City Council\Municipal Development District\Contracts\Contracts 2014\FtrstAmendment2theTrafficSignal&MitigationProject doc First Amendment to the Agreement for Funding of a Portion of the Inspection Fees associated with the Traffic Signal and Mitigation Project,Page 2