Loading...
MDD Resolution No. 283RESOLUTION NO. 283 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT, ESTABLISHING THE DATE, TIME AND PLACE FOR A PUBLIC HEARING ON THE 2016-17 PROPOSED BUDGET; 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 establishes August 4, 2016, as the date for a public hearing on the 2016-17 Proposed Budget. Such public hearing will be held during the regularly scheduled meeting on August 4, 2016, which commences at 4:30 p.m., in the City Council Chamber of the City of Baytown, 2401 Market Street, Baytown, Texas. Section 2: The Assistant Secretary of the Baytown Municipal Development District is hereby authorized and directed to cause notice of the public hearing to be published in the official newspaper of the District at least ten (10) days prior to the date of the public hearing. 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 affirmz of the Baytown Municipal Development District, this the 14th A ES"BRYSCH, ETICIssistant Secretary APPROVED AS TO FORM: NACIO RAMIREZ, SR., Ge ral Counsel 6y ,'vote of the Board of Directors of July, 2016. DONCARLOS, RAKaren\Files\City CouncilNunicipal Development District\Resolutions\2016Uuly\SettingPublicHearing4Budget.doc Exhibit "A" CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROPOSED PROJECTS BUDGET 2016-17 BAYTOWN S CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT (MDD) DIRECTORS STEPHEN H. DONCARLOS, President CHRIS PRESLEY, Vice President REGGIE BREWER, Secretary LETICIA BRYSCH, Assistant Secretary BRANDON CAPETILLO, Director GARY ENGLERT, Director MARY HERNANDEZ, Director ROBERT C. HOSKINS, Director DAVID P. JIRRELS, Director DAVID MCCARTNEY, Director MERCEDES RENTERIA III, Director TERRY SAIN, Director CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAJOR BUDGET ISSUES FISCAL YEAR 2016-17 On May 5, 2001, in the general election, the citizens of the City of Baytown voted to authorize the creation of the Baytown Municipal Development District (MDD) and the imposition of a sales and use tax at the rate of one-half of one percent for the purpose of financing economic development and parks projects that provide economic benefit, diversify the economic base of the community and improve our quality of life. The board is composed of the Mayor, six council members and four at -large resident members. REVENUES - Based on current year sales tax receipts we anticipate revenues to increase in the next fiscal year. Sales tax revenue for 2016-17 is projected at $6,602,660 which is a 2.5% increase over current year estimated collections. Along with interest income and loan repayments total revenues for 2016-17 are projected at $6,624,960. EXPENDITURES -- Included in this year's program are economic development projects and improvements in the areas of streets, sidewalks, signalization, utilities and parks. Generally, project costs may include functions such as services, construction or debt service on long-term construction projects. Project administration costs of $300,000 are included to reimburse the General Fund for administrative, engineering and financial support of the MDD. PROJECTS Development of New and Expansion of Existing Businesses and Industry A significant function of this budget allocation is the development of new and expansion of existing businesses. These projects are critically important in light of the State Implementation Plan's potential impact on the petro -chemical industry and underscore our need to diversify our economic foundation. $150,000 Economic Development Foundation -- Basic Economic Development Services This provides continued funding for the basic economic development services contract with the Baytown Area/West Chambers County Economic Development Foundation (EDF). $250,000 Development Director This strategic position will administer the economic development programs for the City and coordinate the activities of the development process to ensure that projects are given the attention they deserve and to ensure timely delivery. In addition to dealing with individual businesses on individual situations, this individual will maintain a macro -level perspective on the city's economy, studying market trends and applying their expert judgment to opportunities and threats facing the local economy. $180,000 Economic Incentives - San Jacinto Mall This payment is part of the negotiated agreement with the new mall developers to assist in the transition from the existing mall to the new mall development. This is the second of three payments. $500,000 CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAJOR BUDGET ISSUES FISCAL YEAR 2016-17 Economic Incentives - HEB This payment is part of the negotiated agreement with HEB for their new store at Garth and Hunt Road. This payment will continue for the ten year term of the agreement, unless the total incentives paid reaches the maximum payment prior to the end of the ten year term. $150,000 Property Acquisition for Economic Development This allocation provides funding to purchase property that may become available to be used for future economic development purposes. Some of the projects discussed elsewhere in this report may require additional property acquisition. $100,000 Northeast Wastewater Treatment Plant - Debt Service The confirmed growth and development within the City necessitated the design and construction of the Northeast Wastewater Treatment Plant. The project is estimated at $28,500,000 with 60% ($17,100,000) of the funding from the MDD. The remaining 40% ($11,400,000) is funded from the Water and Sewer Fund. This allocation includes the current year principal and interest payment on multiple debt issuances by the Texas Water Development Board (TWDB) loan and Certificates of Obligation. $743,890 Aquatic Facilities - Debt Service This allocation funds the current year debt service requirement. $434,138 Pirates Bay Water Park Expansion Debt Service This allocation funds the current year debt service requirement for the recent expansion of the Pirated Bay Water Park. $376,529 Pirates Bay Water Park Addition Aqua Loop The Aqua Loop slide will be the newest attraction at Pirates Bay Water Park. The new thrill slide is planned to be ready for the 2017 summer season. $250,000 Baytown Sports League Improvements The budget provides continuous funding for various improvements at little league, pony league and soccer facilities including bleacher covers, backstops, paving, lighting, trails and fencing repairs as needed. $50,000 Operations of the Ice Rink for Town Square The City purchased the ice rink and plans to operate the rink during late November and December. The City rented to own the ice rink the first year and that included set up, a chiller, ice skates and a golf cart mounted scraper. The rink was purchased following the 2015 season. The current budget request will pay for the annual rental fee of the chiller unit which is approximately $30,000 and $20,000 is included for barricades, crane rental fees and needed infrastructure for the operations of the rink. $50,000 CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAJOR BUDGET ISSUES FISCAL YEAR 2016-17 Goose Creek Trail - Phase VI During the construction of the Goose Creek Trail Phases V and VI, there has been a drastic increase in the cost of concrete leading to the insufficient funding to complete the project. The project will complete the trail that would connect Bush Terrace Park to the Animal Control building underneath the Highway 146 flyovers including a pedestrian crossing at Decker Drive. Once complete the trail will connect from Bayland Island Marina to Baker Road at Hutto Parkway. $205,000 Paint Bridge Overpasses Throughout City The project will paint the bridge abutments that cross Goose Creek on Rollingbrook, Baker Road, Decker Drive, Market Street and West Main. The Parks and Recreation Department will water blast and paint as many bridges as possible with the available funding. $50,000 Evergreen Park Land This is the first of four payments that will be made to reimburse to the Capital Improvement Program Fund for the land purchase. $425,000 New Park Service Center The Parks Division has been located at 1210 Park Street since 1973. The location has served the Department well; however, the City and the Parks Division has outgrown this location. The Baytown Nursing Home property was acquired several years ago as a possible expansion area; however, the large Harris County drainage ditch limits the expansion without considerable expenditures to bridge the ditch. Staff is interested in purchasing approximately 6.2 acres that includes a large metal building adjacent to the Wayne Gray Sports Complex. $650,000 Evergreen Park Clubhouse Renovations The acquisition of the former Evergreen Golf Course included a large clubhouse. The Parks and Recreation Department plans to use the clubhouse for a rental facility to provide accommodations for weddings, large group meetings, small conferences and retreats. This request will allow for the building to be utilized and serviceable for events and provide opportunities to consider future expansions of the facility. The first phase will include roof repairs, carpet replacement and renovations to the restrooms. $500,000 Evergreen Park Improvements This project will be used to upgrade the newly purchased Evergreen Park with several new amenities. The first phase of the improvements will include over 800 feet of connecting trails, an 18 -hole disc and foot golf course, park benches, trash cans and drinking fountains. $165,000 Travis Park Special Needs Playground The City is partnering with Goose Creek Consolidated Independent School District (GCCISD) to establish a special needs playground at the Travis Elementary School Park. This effort will include the installation of playground equipment that is specifically made for special needs children. The City's contribution includes the design of the playground and the installation of the playground equipment. $50,000 CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAJOR BUDGET ISSUES FISCAL YEAR 2016-17 Restrooms at Jenkins Park and Wayne Gray Snorts Complex The current facilities at Jenkins Park were constructed in the 1990s. The restrooms will be replaced with a new pre -constructed building near the same location. The new facility will be equipped with a water fountain and doors that will automatically close and lock when the park is closed. The building will be pre-engineered and constructed by local standards and codes. A new restroom facility is planned to be installed at the Wayne Gray Sports Complex near the playground area outside of Pirates Bay Water Park. The restrooms will be open to park users year-round and provide facilities for guests to use while waiting to enter Pirates Bay Water Park. Design and oversight will be provided by the Parks and Recreation Department. $330,000 Goose Creek Stream Cleanup This project will provide $20,000 for removal of tires, shopping carts and other discarded items from the Goose Creek. $20,000 Proiect Administration & Overhead $300,000 Unforeseen Project and New Initiatives $1,375,000 MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROGRAM FUND BUDGET SUMMARY for Fiscal Year 2016-17 oto New oto Actual Carrv-forward Adooted Allocation Estimated Carrv-forward. Allocation Allocation Interest on Investments 4,142 - V,VI I,VW 1 6,000 1 U,VI I,VUV 6,000 1 V,YY I,VLV 8,5001 O,OVL,VOV 1 8,500 O,OVL,OVU 8,500 Miscellaneous 70,000 - 500,000 E - 50,000 Loan Repayments 10,764 10,870 10,870 10,870 10,980 10,980 Interest on Loans 3,040 2,930 2,930 2,9321 2,820 2,820 Total MDD Revenues 1 6.109203 1 1 6.096.600 1 6.096.6nn 6.463.922 1 1 6924.960 i 6824 Q60 OlVrlll101il rVVIIVODUII - OOJIU Economic Develo ment Services Development Director 250,000 1-10 Lift Station 250,000 s' - Econ Development Foundation - Special Economic Development Projects 68,090 362,468 1,009,356 Economc Incentive - San Jacinto Mall - 500,000 E Economic Incentive - HEB 50,000 Aquatics Master Plan Phase 1 & 2 Construction Debt Svc on $6mm 437,88 Econ Development Foundation - Special Economic Development Projects-SBRLF - 110,000 - Property Acquisition for Economic Development 297,468 325,053 100,000 4 Downtown Redevelopment Assistance Baytown Little Theater 500,000 5 Subtotal 1,282,479 1,300,385 1,000,000 2,1 Streets, Drainage, Sidewalks & Si nalization Projects 100,000 171,839 Land Ac uisition for New Thoroughfares - 511,710 5 Land for San Jacinto Blvd 500,000 - - Hunt Road Extension East of Garth 86,400 1 City Gateway Project 438,627 22,634 880 State Infrastructure Bank Loan Repayment Decker Dr to 146 South 8 ver $1 mm 148,957 148,957 1 Texas Avenue Streetsca e & Town Square 837,982 426,985 600,000 1,1 Signal - Hutto and Rollin brook 72,390 12,810 - Garth Road Traffic Engineering 6,500 8,705 - Subtotal 2,004,456 982,844 748,957 1,9 utility Pro ects 111,000 111,000 Economic Dev. Cost Share with Developers 50,663 50,663 to Ups New Utilities 426,713 1-10 Lift Station - NE WW Treatment Plant Debt Service (60% 2010&2013 CO's & 2014, 2015 & 2016 GO's Refunding) 1,302,255 West District Plant Expansion Debt Service - 50% - 2008 CO's 1,009,356 Tri City Beach Road Sewer Subtotal 2,311,611 Parks Pro ects 50,000 Aquatics Master Plan Phase 1 & 2 Construction Debt Svc on $6mm 437,88 Pirates Bay Waterpark Expansion (Debt IService on S5.5mm) 375.52 Goose Creek Trail Phases V and VI Goose Creek Trail - Phase VI Land Acquisition - Future Parks -Sports Complex (Parking, Fields & l East Road Girls Fields - Lighting & t GLO / CMP Grant Match Tabbs Be Citv Hall Courtvard Improvements 7F 99A r, - 7 3 29,000 500,000 3 32,940 i 834,711 148,957 151,985 423,576 r 1,256,535: 1,256,535 1,256,535 8 426,713 426,713 426,713 9 376,079 376,079 376,079 9 17,531 50,000 67,531 20,877 500,000 - 226,940 226,940 226,946 0 208,192 208,192 208,192 8 288,272 288,272 273,266 0 271,839 100,000 171,839 1,000 5 2,539 2,539 2,539 0 - - - - 86,400 86,400 86,406 1 880 880 1 23,874 23,874 5 4 12,866 12,866 3 22,816 22,816 22,816 3 12,637 12,637 12,637 111,000 111,000 111,000 50,663 50,663 50,663 12,000 12,000 12,000 135,000 135,000 135,000 33,625 67,250 67,250 67,830 67,830 67,830 Lau,uuu 180,000 468 500,000 150,000 113 100,000 000 674 1,330,000 710 - 000 810 705 225 535 743,890 492.113 I '43,890 MUNICIPAL DEVELOPMENT DISTRICT MDD PROGRAM FUND BUDGET SUMMARY for Fiscal Year 2016-17 Actual Carry -forward Adopted Total Allocation Estimated forward NOW Ca Allocation ' Total Allocation 2014-15 2014-15 2015-16 2015-16 2015-16 2015-16 2016-17 2016-17 Paint Brid a Ove sses 50,000 50,000 50,000 - 50,000 50,000 Kayak Launch Ba land & Roseland 70,000 70,000 15,000 55,000 55,000 Evergreen Park Land 1,013,758 1,013,758 425,000 425,000 Evergreen Crew & Equipment 150,000 150,000 New Service Center 650,000 650,000 Evergreen Park Bldg Rehab 500,000 500,06-0- 00,000Eve Evergreen reen Park Development 165,000 165,000 Travis Park Playground 50,000 50,000 Jenkins Park & Wayne Gray Restrooms 330,000 330,000 Goose Creek Stream Clean U - 20,000 20,000 Subtotal 2,001,936 947,846 2,209,850 3,655,079 3,329,960 287,499 3,555,667 3,843,166 Total MDD Projects 7,600,482 3,805,610 5,465,342 9,916,335 7,344,782 2,533,933 5,629,557 8,163,490 Other Project Administration and Overhead 300,000 - 300,000 300,000 300,000 300,000 300,000 Unforeseen/New Initiatives 502,021 500,000 370,396 370,396 1,375,000 1,745,396 Subtotal 300,000 502,021 800,000 670,396 300,000 370,396 1,675,000 2,045,396 Total MDD Expenditures 7,900,482 4,307,631 6,265,342 10,586,731 7,644,782 2,904,329 7,304,557 10,208,886 Revenues over under expenses 1,791,279 4,307,631 168,542 4,489,931 1,180,860 2,904,329 679,597t3,5183,926Ending working capital $5,017,721 $ 710,090 $ 541,548 $ 527790 $ 3,836,861 $ 932,532 $ 252,935 DEBT SERVI E PAYMENT RECAP Aquatics Master Plan Phase 1 & 2 Construction Debt Svc on $6mm 437,888 426,713 426,713 426,713 434,138Pirates Bay Expansion (Debt Svc on $5.5mm 375,529 376,079 376,079 376,079 376,529 3, Golf Course Construction (Debt Svc on $12.5mm) 500,000 State Infrastructure Bank Loan Repayment Decker Dr to 146 South flyover $1 mm 148,957 148,957 148,957 148,957 NE WW Treatment Plant Debt Service (60% 2010&2013 CO's & 2014, 2015 & 2016 GO's Refunding) , 1,302,255 1,256,535 1,256,535 1,256,535 743,890 743,89.0 West District Plant Expansion Debt Service - 50% - 2008 CO's) 1,009,356 - Total Debt Service Payments $ 3 273 985 $ $ 2,708,284 $ 2,208,284_1$ 2 208 284 $ 1,554,557 ' $ 1,554,557 SUPPLEMENTAL INFORMATION INCLUDED FOR PLANNING PURPOSES 'a t 0 0 0 0 0 O ' O ' O ' , ' 1 ' O COS COt[i 1 2O ' ' �O N N °) N W c7 �O 8 pO Neek tOp Sept pO pO e9i S V of pO O pO co O O a` N H n n Mme- Lo O 8888 OOc0a0 8 88 88S ' 8 1 8 8 ' 8 pp at uN N N m n W � CD Oi pO S e7 pOO e�i N pOpOpO ONE O �- N N pO O lel O pO O pO $ O c, Ln O� aD W p� 9 N O a` N w n lc4 C a m 25 25 g g 25 25 25 25 25 25 25 25 rt� N 0 9V 92 8S.9 p .p 8 8_ p Of v d0 N N n n m O a m 5� 5� 25 cog m cl �m 25 ooioim ^ 2i §e�i4i 2p5 25 25 PS 8 Z5 S 25 25 g 25 g 25 v y p p 3 N co W WN co N OI C W 000 8 8 ® ' ' ' ' ' 14 ' Lo {�� n N n Of •- r 8O pOO N� oOO o� pO t0 pO O oO n pO O pO O pO 1[] pop aD (7 Q O O N W W W W t7 O E c pen- y tD u'10D O/ cpo O 8S 00 �00 Y 88 c� 8ar O1� t0 op t� 8 1 Depen ON n N N l0 e0 o W W p 0 8 N Y W H W t0 �p N m pNp W t0 N N W O m N 88 N�- M l7 p �[1 r• V N� N t0 N r ntO0 Q P) K W W N � � lh tpp88(pp fO �0 0D T pp Op S8 0o 0 ' 88 0 0p 8 O ' 8 O cl °f m m t0 Z Y p Ca W O W ffOp 1eI N fD O N 10 8 cn O n V n N N co W pp pM r• Sat O 1�O 8 O W WW � N W 1(] ' e0 N OIn N N U O cn w M co C 8Om N 10 fV WW - `O O Ncn Ov n N m �W n O Np a0rn a S8 �i 25W �m en O U, u i0 umi N n co aa cn eh e• W N N pp N M N 8 N O1 a c7 p N O N W of 'n c`1 N S 99 N E C O N a W st eG N v o N 1+ WN LL, >< W N C� p q r n n W m N N p cn O W N o O f` �- m fal n W eb W O �_ W� N e 0 r pp OD co O) N em0_ S O p W t tp O 8 O f N O O O 1° N �Np fh 8 �O Y itl O) LO l7 N Y �O O 0 N O Q W N W W N N 99 y aW.. 0 0 OD O ' 1 ' O N ' 1m N n W O Pi pOp 10 N pO O 10 O pO O W V Y N co ppO N 1� O ¢ a N W p 2 V 25 eh 0 25 n c°R o n m u O W m 0 --.Ii 03 m 25 n 25 In q 1� N t(pV O fN'� �cl l'7 r• -O N N tC (V NO co IV OWl a N p N Oaf n h J U No eri O VO O Np <O W r n w N rNO� N O N O/ �ir- M co O Ln M W N O N O Y d m 9 C �p t0 r pp N N n e7 p O coW I� V O �r NN n N O) Ih r N no N Q z 4 :ti W H of � N n of a HO H WW eL �� Om m ti m m^m o. > m to 0 u) �_« m ��' >EEF'F mw S O uo m°8 W O IX > y m W C « C m C c E a 'N u) u)L 0 M o v 3 O a f1 o mm e ul O m ? 01 ma m -mva _ •O c ` t O p ama q'1 y o O} J p 4 v C e 2 c„ W E ° a m� 3 3 •Sc x s c$ g' c o •- m m L o c m 3 a W >Qcn m m c 4C).1 O ai eco m N EmD�2� w O m O m LLEmmLLE tmA c m p d p m m Z y m c9�mommw m O W a y m �0 N a.e w W O�� 6 e• C y m -a 12 O Z C �`° m Gj EpmO m° E� a °u' m O a� .�� —o p Wd � lo u� S CIC y 0 L° U N q EU A m �UUc (ppm O J Q OF`m (/i N m 3 en C m �a tl1 N Ea c m m O c c S m aim c caip O m �" m m��S i .- °' @'Samm W 2 7 p F aN>7 m m V V W O Y C m m m` ��uEm'EE>uc+m>m m m o m o O E E Og O m '- p� E m _ 0 �� r is �_ (7 't c m ¢ O m C Z 9 m c J N C 1" 'v c H N � m j N C C m m .pJ C m O �'i C C> .� C U �1 oC o > U tg O gO O m S. .p C m Y m U x C L L ` p N U m O LU O qm p C m LL KV75U W WOm W Oaww W w W d yJ 2Ut/)0 H(n U' W U 1Z eV 0": �fj F - m CD Y H cn l+l N t0 O �O (7 8 f]� Ci S 1h�0 p Y 000 V dN N N m cV N m r co W N�1cli 88 O ' 8S 1 8 N 88S N o V fn N pOp 9 pO pO Oto pO $m r O pO pO N10 or) 1n ccnn NLn°90r cp N IN N N N m N m N N N N 88 0 88 0 1 QpoQ pQoQw 0 0 '� 88 , O r N pp O 8 8 O O pp O) m O v W mm m N p m p 89 a 8 N 8 1pn O d a N � Ln CND 1n f7 1- � m OWD d O N O. m� M LO g 1 g g g 0p0o g 0 ' g O S7 ' g g g g Ln In d L W m N pO 1(I b N 8O a00 r �tpno 881pOnO Sm r a N 0 r N N m N OI C � m W N 0 0 1 0 0 0 1 0 I O p r O O O r O f OW1 d r a N p In po b N .Nv 88 v m pp 81pn O m W p tpo •O p d O N O � N 1n m cq A j D N O m S m ' 0o p 0 0 1 0p 0 0 0 0 0 1 f O Q N (� LppOp T N w 0 cdj� a N 1 p m U9 pOo b N N b N p m p O �In p N N 8O F- pO N V MN Nr R mIn l7 m Mr0 N tmn N Q M W N O Cn N o cD hSS8SS 0O O 1 88 0 1 8 0 8 ' 0' 8SSppSB 0 0 0 0 0 0 ' �1pp 1 O 1 f I SS88 O O L n. N OO 3 Z y o p N N p0 �n Lon p 1fI p O tW0 n p N N L.SO � tN0 l0 tr0 C7 tr0 N N (7 N r C9 N d 'n v N W In o r C,(7 cn Q) (D AN N N N lk W a d �' 1n r O) O r m O N N m5� N251n O) cn V m W rB�MpS8ppS8 m 01000 Nm 0028 p ' N N 8 8 N m app m N co N co r O N C] CD N O C7 r co N� �[1�f0 m m In O 8 W N O' 8 O 8 fn C W f0 M E C v m N N N Or Ci l+l 17 W m w x W N Ci r r cn y) Cm1 In r O) O ' ON N� NO)O)O c co V WOWOfDmr CDS W Wcm002 SSl1np88 NN5�5� N W 2i 2S5� 25x25 W O 47 1Nn OCi tDm Ci � Ooi_ O r q O ~ 1(j N m N O m r 1n r m m WW N0 N N N r N r N (tpp a0 NNNN N�N�-•�1(i�Nmm�nr po Nml�l� ppO (no O In 1n N 1D tG W p O to 00 r r 17 m O) W Y r N In Q N cD O V p pp a Ql 8 ' O 8�p881pn ' 01000 Nf000 cp�88 ' �p 2 O t O T N W N O) N �c1j ' y .0 p m � m O N 10 N O O � O Nln 1n .-cn r m rpO m tnr [n V �n m V T cn fn m C N O) a W Ln in m Q N Y 1n r Z E N N � CW')lon$�n11$mM p Y W �p W W m . 1p a fD O tD NN 00 M m c'n t0 p19 Ol C {L A �4 r N N pNpWN W rNm N N co cq r N p N C D Np pNp U9 c n N r- 9 O G r Jco V w N o Q � Q Q m r O Nm Of O m m W W N N�mrNN r N Nom V Of CD 10 $ p ' O a V C d y N W N N m m f0 Ntor N I� O K - 1n Oen 1� N c7 c0 r r 1n r W �n r W In m In m 10 m 7 c N N N m to o W m N r r v N v N o N !2 W eq V o y� d S 25cl a E 7 5 c L °d C E � C d C E a e! ZQ W N `�>gaii a y aci 4-8, C = ai0i C m aa, O $ d 1n0 X E 10 - aEi3 >yvE>Ec ym�o� pE m .o m rEv c a O �c B ao d x c d Jd' :LjQ r a w f0 dc'fddd a- m�mrL�•- ._ a s Q UcL°> n od d o W E ° E Et $dmy$ m'8 d a �a''$E a cE °' (D ��. $a > a BEn w C a d `d W Z' r •- m E EE d ;t d m aa'm`°E$ 2i� UL LL a c — '' $S31D- aE m m 15 E d LL d b�aWlov a d d m _-a c d m o E uyi d d a A- c f n u Gym c3" a d�dt-H3d mo m @cxa d'q a$mD3u"iga �aoa timt'c>m �L"•�-dOtic2U'Emm1n� ° cLL(Dd�a-L) Lac'IL `^d p ~ rn W d Q N> m E$ I Ci d. Ud�+2m m z V ��Qq �i U �i` 'C C �cc•CCcc J d d G d d dd• O a U d a` o E2 v ¢ W o a 3 a. m N C C= O N V U� C a a O— ` 'W E m E Y E d !n 3 `` a C 5 N m p U E 7 OI C �d¢m C$ mU' Q y C d U N K C d d d c A(D Cal C LE m IL d ¢�a C70 u)(7 U�cn�C7Ca3� ao L) w>zw>w.- LL 05 O H O d 2 W BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT DETAIL DEBT AMORTIZATION SCHEDULES Series 2010 Date of Issue: February 1, 2010 $ 6,030,000 Certificates of Obligation - Combined Tax & Revenue: MDD Allocation Only Term: 20 Years Fiscal Interest Principal Interest Interest Total Annual Principal Year Rate Due 02/01 Due 02/01 Due 08/01 Interest Requirement Outstanding 2010 1.00% $ - $ - $ 84,635 $ 84,635 $ 84,635 $ 6,030,000 2011 1.00% 235,000 102,244 101,069 203,313 438,313 5,795,000 2012 1.00% 225,000 101,069 99,944 201,013 426,013 5,570,000 2013 2.00% 240,000 99,944 97,544 197,488 437,488 5,330,000 2014 2.00% 235,000 97,544 95,194 192,738 427,738 5,095,000 2015 2.00% 250,000 95,194 92,694 187,888 437,888 4,845,000 2016 3.00% 245,000 92,694 89,019 181,713 426,713 4,600,000 2017 3.00% 260,000 89,019 85,119 174,138 434,138 4,340,000 2018 3.00% 260,000 85,119 81,219 166,338 426,338 4,080,000 2019 3.50% 280,000 81,219 76,319 157,538 437,538 3,800,000 2020 3.50% 280,000 76,319 71,418 147,737 427,737 3,520,000 2021 3.50% 295,000 71,418 66,256 137,674 432,674 3,225,000 2022 3.63% 300,000 66,256 60,818 127,074 427,074 2,925,000 2023 3.75% 320,000 60,818 54,819 115,637 435,637 2,605,000 2024 4.00% 325,000 54,819 48,318 103,137 428,137 2,280,000 2025 4.00% 345,000 48,318 41,419 89,737 434,737 1,935,000 2026 4.13% 350,000 41,419 34,200 75,619 425,619 1,585,000 2027 4.25% 375,000 34,200 26,231 60,431 435,431 1,210,000 2028 4.25% 380,000 26,231 18,156 44,387 424,387 830,000 2029 4.38% 410,000 18,156 9,188 27,344 437,344 420,000 2030 4.38% 420,000 9,188 - 9,188 429,188 - Call Option: Bonds maturing on 02 01 2023 to 02 01/2033 callable in $ 6,030,000 $ 1,351,188 $ 1,333,579 $ 2,684,767 $ 8,714,767 Call Option: Bonds maturing on 02/01/2020 to 02/01/2030 callable in whole or in part on any date beginning 02/01/19 @ par. Series 2013 Date of Issue: May 26, 2013 $ 5,500,000 Tax & Revenue Certificate of Obligation: MDD Allocation Only Term: 20 Years Fiscal Interest Principal Interest Interest Total Annual Principal Year Rate Due 02/01 Due 02/01 Due 08/01 Interest Requirement Outstanding 2013 $ - $ - $ 44,117 $ 44,117 $ 44,117 $ 5,500,000 2014 2.000% 216,667 81,031 78,865 159,896 376,563 5,283,333 2015 2.000% 220,000 78,865 76,665 155,529 375,529 5,063,333 2016 2.000% 225,000 76,665 74,415 151,079 376,079 4,838,333 2017 2.000% 230,000 74,415 72,115 146,529 376,529 4,608,333 2018 2.500% 235,000 72,115 69,177 141,292 376,292 4,373,333 2019 4.000% 240,000 69,177 64,377 133,554 373,554 4,133,333 2020 4.000% 243,333 64,377 59,510 123,888 367,221 3,890,000 2021 4.000% 248,333 59,510 54,544 114,054 362,388 3,641,667 2022 2.500% 255,000 54,544 51,356 105,900 360,900 3,386,667 2023 2.500% 263,333 51,356 48,065 99,421 362,754 3,123,333 2024 2.500% 270,000 48,065 44,690 92,754 362,754 2,853,333 2025 2.625% 280,000 44,690 41,015 85,704 365,704 2,573,333 2026 3.000% 286,667 41,015 36,715 77,729 364,396 2,286,667 2027 3.000% 295,000 36,715 32,290 69,004 364,004 1,991,667 2028 3.125% 305,000 32,290 27,524 59,814 364,814 1,686,667 2029 3.125% 315,000 27,524 22,602 50,126 365,126 1,371,667 2030 3.250% 325,000 22,602 17,321 39,923 364,923 1,046,667 2031 3.250% 336,667 17,321 11,850 29,171 365,838 710,000 2032 3.300% 350,000 11,850 6,075 17,925 367,925 360,000 2033 3.375% 360,000 6,075 - 6,075 366,075 - $5,500,000 $ 970,199 $ 933,285 $ 1,903,484 $ 7,403,484 Call Option: Bonds maturing on 02 01 2023 to 02 01/2033 callable in whole or in part on any date beginning 02/01/22 @ par. 12 BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT DETAIL DEBT AMORTIZATION SCHEDULES Series 2014 Date of Issue: April 1, 2014 $ 2,100,283 General Obligation and Refunding Bonds: MDD Allocation Only Term: 20 Years Fiscal Interest Principal Interest Interest Total Annual Principal Year Rate Due 02/01 Due 02/01 Due 08/01 Interest Requirement Outstanding 2014 2.000% $ - $ - $ 21,885 $ 21,885 $ 21,885 $ 2,100,283 2015 2.000% 115,291 37,163 36,023 73,186 188,477 1,984,992 2016 3.000% 174,064 36,023 33,412 69,434 243,498 1,810,928 2017 3.000% 152,720 33,412 31,121 64,532 217,252 1,658,208 2018 3.000% 135,056 31,121 29,095 60,216 195,272 1,523,152 2019 3.000% 140,208 29,095 26,992 56,087 196,295 1,382,944 2020 4.000% 145,728 26,992 24,077 51,069 196,797 1,237,216 2021 4.000% 130,272 24,077 21,472 45,549 175,821 1,106,944 2022 4.000% 135,792 21,472 18,756 40,228 176,020 971,152 2023 4.000% 142,048 18,756 15,915 34,671 176,719 829,104 2024 4.000% 148,304 15,915 12,949 28,864 177,168 680,800 2025 4.000% 154,560 12,949 9,858 22,807 177,367 526,240 2026 4.000% 131,744 9,858 7,223 17,081 148,825 394,496 2027 3.250% 43,424 7,223 6,517 13,740 57,164 351,072 2028 3.375% 44,896 6,517 5,760 12,277 57,173 306,176 2029 3.500% 46,368 5,760 4,948 10,708 57,076 259,808 2030 3.500% 48,208 4,948 4,105 9,053 57,261 211,600 2031 3.750% 50,048 4,105 3,166 7,271 57,319 161,552 2032 3.750% 51,888 3,166 2,193 5,359 57,247 109,664 2033 4.000% 53,728 2,193 1,119 3,312 57,040 55,936 2034 4.000% 55,936 1,119 - 1,119 57,055 - $ 2,100,283 $ 331,863 $ 316,585 $ 648,448 $ 2,748,731 Call Option: Bonds maturing on 02/01/2025 to 02/01/2034 callable in whole or in part on any date beginning 02/01/24 @ par. Series 2015 Date of Issue: July 7, 2015 $ 1,770,131 General Obligation and Refunding Bonds: MDD Allocation Only Term - 20 Years Fiscal Interest Principal Interest Interest Total Annual Principal Year Rate Due 02/01 Due 02/01 Due 08/01 Interest Requirement Outstanding 2016 2.000% $ 21,331 $ 47,057 $ 41,308 $ 88,365 $ 109,696 $ 1,748,800 2017 5.000% 101,060 41,308 38,781 80,089 181,150 1,647,739 2018 5.000% 107,705 38,781 36,089 74,870 182,575 1,540,035 2019 5.000% 114,349 36,089 33,230 69,319 183,667 1,425,686 2020 5.000% 121,692 33,230 30,188 63,418 185,110 1,303,994 2021 5.000% 129,385 30,188 26,953 57,141 186,526 1,174,609 2022 5.000% 137,079 26,953 23,526 50,479 187,558 1,037,530 2023 5.000% 145,821 23,526 19,881 43,407 189,227 891,709 2024 5.000% 154,913 19,881 16,008 35,888 190,801 736,797 2025 5.000% 164,704 16,008 11,890 27,898 192,602 572,093 2026 5.000% 95,116 11,890 9,512 21,402 116,518 476,977 2027 5.000% 100,011 9,512 7,012 16,524 116,536 376,965 2028 3.375% 41,263 7,012 6,316 13,328 54,591 335,702 2029 3.500% 42,662 6,316 5,569 11,885 54,547 293,040 2030 3.625% 44,411 5,569 4,764 10,333 54,744 248,629 2031 3.625% 46,159 4,764 3,927 8,692 54,851 202,470 2032 3.750% 47,908 3,927 3,029 6,957 54,864 154,563 2033 3.750% 49,656 3,029 2,098 5,127 54,783 104,907 2034 4.000% 51,404 2,098 1,070 3,168 54,573 53,502 2035 4.000% 53,503 1,070 - 1,070 54,573 - $ 1,770,131 $ 368,208 $ 321,151 $ 689,359 $ 2,459,490 Call Option: Bonds maturing on 02/01/2026 to 02/01/2035 callable in whole or in part on any date beginning 02/01/25 @ par. 13 BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT DETAIL DEBT AMORTIZATION SCHEDULES Series 2016 Date of Issue: July 19, 2016 $ 4,493,018 General Obligation and Refunding Bonds: MDD Allocation Only Term: 20 Years Fiscal Interest Principal Interest Interest Total Annual Principal Year Rate Due 02/01 Due 02/01 Due 08/01 Interest Requirement Outstanding 2016 $ - $ - $ 7,811 $ 7,811 $ 7,811 $ 4,493,018 2017 4.0% 113,441 117,158 114,889 232,047 345,488 4,379,577 2018 4.0% 386,455 114,889 107,160 222,049 608,505 3,993,122 2019 5.0% 407,631 107,160 96,969 204,129 611,761 3,585,490 2020 5.0% 431,076 96,969 86,192 183,162 614,237 3,154,415 2021 5.0% 456,789 86,192 74,773 160,965 617,754 2,697,626 2022 5.0% 484,015 74,773 62,672 137,445 621,460 2,213,611 2023 5.0% 510,484 62,672 49,910 112,583 623,067 1,703,127 2024 5.0% 540,735 49,910 36,392 86,302 627,037 1,162,392 2025 4.0% 567,961 36,392 25,033 61,424 629,386 594,431 2026 4.0% 594,431 25,033 - 25,033 619,463 0 $ 4,493,018 $ 771,149 $ 661,802 $ 1,432,950 $ 5,925,968 14