Loading...
MDD Resolution No. 268RESOLUTION NO. 268 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAKING A CHANGE IN THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT'S FISCAL YEAR 2015 -2016 BUDGET IN ORDER TO REPROGRAM FUNDS TO PROVIDE FUNDING FOR A PARKS AND RECREATION PROJECT; MAKING OTHER PROVISIONS RELATED THERETO; 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 makes changes in the Baytown Municipal Development District's Fiscal Year 2015 -2016 budget to reprogram funds to provide funding for a parks and recreation project, as more particularly described in Exhibit "A," which is attached hereto and incorporated herein for all intents and purposes. Section 2: 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 affirmat' a vote of the Board of Directors of the Baytown Municipal Development District, this the 1 S` of October, 2015. A' IA BRYSCH, Asst Secretary APPROVED AS TO FORM: A ACIO RAMIREZ, SR., G ®ra ou nsel HEN H. DONCARLOS, President 1/ X013FS0I1Legal\Karen' + Files %City Council\Municipal Development District Resolutions\2015, October \RepmgrammingFunds4MDD.doc "EXHIBIT A" BUDGET APPROPRIATION TRANSFER FISCAL YEAR 10/1/15 thru 9/30/16 FUND 215 - MDD ORG/DIVISION 21510 - MDD CONTROL NUMBER TRANSFER FROM: DIVISION ACCOUNT ACCOUNT I NUMBER NUMBER NAME DATE: 10/1/2015 Period 1 Include in End of Year Budget Amendment Transfers Out - Journal Entry 0 CURRENT ADJUSTED BUDGET AVAILABLE TRANSFER BUDGET AMOUNT I BALANCE AMOUNT AMOUNT 21510 99001 Contingencies 1,002,021.00 1,002,021.00 (33,625.00) 968,396.00 TRANSFER TO: 21505 Parks Projects 2,905,607.00 2,905,607.00 33,625.00 2,939,232.00 EXPLANATION: NOTE: ALL Budget Transfers must provide the following explanations. 1 Explain why there will be savings in the account transferring "From ". 2 Explain the reason of the transfer. The reprogramming of these funds is necessary to cover the costs to repair the Firefighter Memorial at Bicentennial Park Requested y: Director of inance Date Audited y: ate 11 anager eputy City Manager /Asst. City Manager Da ate (If applicable) Entered y: Date