MDD Resolution No. 276RESOLUTION NO. 276
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 FOR THE
PURCHASE AND MAINTENANCE OF APPROXIMATELY 118 ACRES OF
LAND NEAR EVERGREEN ROAD AND TRI- CITIES BEACH ROAD;
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 for the purchase and maintenance of approximately 118
acres near Evergreen Road and Tri- Cities Beach Road, 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 affive vote of the Board of Directors
of the Baytown Municipal Development District, this the 2§r day of January, 2016.
ATT ST:
ETICIA BRYSCH, ssistant Secrt
APPROVED AS TO FORM:
4NVCI06�R�A'MIREZ, SR., G e 1 Counsel
H. DONCARLOS,
R :XareMFiles \City Council\Municipal Development District Resolutions\2016Vanuary 2& ReprogmmmingFunds4MDD.doc
Exhibit "A"
BUDGET APPROPRIATION TRANSFER
FISCAL YEAR 1011115 thru 9/30/16
FUND 215 -MDD
ORG/DIVISION 21501
CONTROL NUMBER
TRANSFER FROM:
DATE: 1/28/2016 Period 4
Include in End of Year Budget Amendment
Transfers Out - Journal Entry
CURRENT ADJUSTED
DIVISION ACCOUNT ACCOUNT BUDGET AVAILABLE TRANSFER BUDGET
NUMBER NUMBER NAME AMOUNT BALANCE AM
OUNT AMOUNT
21515 89002 Debt Service 577,021.00 (500,000.00) 77,021.00
21510 99001 Unforeseen/New Initiatives 843,396.00 (450,000.00) 393,396.00
21505 81001 Land acquisition 371,839.00 - (200,000.00) 171,839.00
TRANSFER TO:
21501 81001 Land acquisition _
21501 71002 Payroll _
21501 84042 Equipment _
- 1,000,000.00
1,000,000.00
- 50,000.00
50,000.00
- 100,000.00
100,000.00
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.
Commensurate to agenda items dated 1.28.16 - For land acquisition and personnel and equipment to maintain the land
Requested y: ate Director of nance Date
Audited By: DiFte City Manager /Deputy City anger t. City Manager Date
(If applicable)
Entered y: ate