The URL can be used to link to this page

MDD Resolution No. 284RESOLUTION NO. 284 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT ADOPTING A BUDGET FOR THE ENSUING FISCAL YEAR, BEGINNING OCTOBER 1, 2016, AND ENDING SEPTEMBER 30, 2017; 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 budget estimate of the revenues of the Baytown Municipal Development District and the expenses of conducting the affairs thereof for the ensuing fiscal year, beginning October 1, 2016, and ending September 30, 2017, as finally submitted to the Board of Directors by the General Manager of said District be, and the same is in all things, adopted and approved as the budget estimate of all the current expenses as well as the fixed charges against said District for the fiscal year beginning October 1, 2016, and ending September 30, 2017. A copy of the budget is attached hereto as Exhibit "A" 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 affirmativote of the Board of Directors of the Baytown Municipal Development District this the 4th day #f August, 2016. H. DONCARLOS, ATT ST: 01%, pEVELO LETICIA BRYSCH, Assis ecretary`�'�Q. 0. �Z APPROVED AS TO FORM: 3 1nn1f ACIO RAMIREZ, SR., Gee 1 Counsel R:\KarenlFiles\City Counci]\Municipal Development District, Resolutions\2016\August\Adopt I 6-17Budget.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 9 5 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 Blown 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 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 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. $800,000 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 Restrooms at Jenkins Park and Wayne Gray Sports 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. Restrooms at Jenkins Park and Wayne Gray Sports Complex (Cont.) 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 CITY OF BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAJOR BUDGET ISSUES FISCAL YEAR 2016-17 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 Project Administration & Overhead $300,000 Unforeseen Proiect and New Initiatives $1,725,000 MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROGRAM FUND BUDGET SUMMARY for Fiscal Year 2016-17 Actual Carry -forward Adopted otaNew Allocation Estimated Carry -forward Allocation rota Allocation 2014-15 2014-15 2015-16 2015-16 2015-16 2015-16 2016-17 2016-17 Beginning working capital $ 6,809,000 $ 5,017,721 $ 710,090 $ 5,017,721 $ 5,017,721 $ 3,836,861 $ 932,532 $ 3,836,861 Revenues Sales Taxes 6,021,257 - 6,077,000 6,077,000 6,441,620 6,602,660 6,602,660 Interest on Investments 4,142 6,000 6,000 8,500 8,500 8,500 Miscellaneous 70,000 - Loan Repayments 10,764 10,870 10,870 10,870 10,980 10,980 Interest on Loans 3,040 2,930 2,930 2,932 2,820 2,820 Total MDD Revenues 6,109,203 6,096,800 6,096,800 6,463,922 6,624,960 6,624,960 Expenditures Economic Development Projects Development of New and Expansion of Existing Businesses and Industry 666,921 2,864 150,000 152,864 22,771 130,093 150,000 280,093 Econ Development Foundation - Basic Economic Development Services 250,000 - 250,000 250,000 250,000 250,000 250,000 Development Director - - 180,000 180,000 Econ Development Foundation - Special Economic Development Projects 68,090 362,468 362,468 29,000 333,468 333,468 Economc Incentive - San Jacinto Mall 500,000 500,000 500,000 - 500,000 500,000 Economic Incentive - HEB - 150,000 150,000 Econ Development Foundation - Special Economic Development Projects-SBRLF - 110,000 ` - Property Acquisition for Economic Development Downtown Redevelopment Assistance ,Baytown Little Theater 297,468 325,053 500,000 100,000 425,053 ' 500,000 32,940 392,113 500,000 100,000 492,113 500,000 Subtotal 1,282,479 1,300,385 1,000,000 2,190,385 834,711 1 1,355,674 1,330,000 2,685,674 Streets, Drainage, Sidewalks & Si nalization Projects Land Acquisition for New Thoroughfares 511,710 511,710 - 511,710 Land for San Jacinto Blvd 500,000 Hunt Road Extension East of Garth 133,000 100,000 33,000 33,000 Ci GatewayProject 438,627 !12,,'8810 22,634 22,634 - - State Infrastructure Bank Loan Repayment Decker Dr to 146 South flyover $1 mm 148,957 148,957 148,957 148,957 Texas Avenue Streetsca e & Town Square 837,982 600,000 1,151,985 1,151,985 Si nal - Hutto and Rollin brook 72,390 - 12,810 12,810 12,810 Garth Road Traffic Engineering 6,5008 05 8,705 8,705 8,705 Subtotal 2,004,456 982,844 748,957 1,989,801 1,423,576 566,225 566,225 utility Projects Economic Dev. Cost Share with Developers to U size New Utilities 254,535 254,535 254,535 254,535 1-10 Lift Station - 250,000 250,000 500,000 500,000 - 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 1,256,535 743,890 743,890 West District Plant Expansion Debt Service - 50% - 2008 CO's 1,009,356 i - Tri City Beach Road Sewer 70,000 70,000 70,000 70,000 Subtotal 2,311,611 574,535 1,506,535 2,081,070 1,756,535 324,535 743,890 1,068,425 Parks Pro ects _ Aquatics Master Plan Phase 1 & 2 Construction Debt Svc on $6mm 437,888 426,713 426,713 426,713 434,138 434,138 Pirates Bay Waterpark Expansion (Debt Service on $5.5mm) 375,529 376,079 376,079 376,079 376,529 376,529 Aqua Loop at Pirates Ba - 250,000 250,000 Baytown Sports League Improvements 103,119 17,531 50,000 67,53120,877 46,654 50,000 96,654 Golf Course Debt Service on $12.5mm - 500,000 RentIPurchase of Ice Rink for Town Square 226,940 226,940 226,940 50,000 50,000 Goose Creek Trail Phases V and VI 83,860 208,192 208,192 208,192 Goose Creek Trail - Phase VI 26,728 288,272 288,272 273,266 15,006 205,000 220,006 Land Acquisition - Future Parks 1,300 271,839 100,000 171,839 1,000 170,839 170,839 Sports Complex (Parking, Fields & Lighting) 5,435 2,539 2,539 2,539 - - East Road Gids Fields - Lighting & Wiring 575,000 - GLO / CMP Grant Match abbs Ba 86,400 86,400 86,400 City Hall Courtyard Improvements 5,811 880 880 Median Beautification Crew 86,081 23,874 23,874 Completed and closed pLojects 141,845 Special Needs Playground 82,134 12,866 12,866 Jenkins/Holloway Park Improvements 38,883 22,816 22,816 22,816 Goose Creek Park Improvements 38,323 12,637 12,637 12,637 Pelly Park Loop Trail - 111,000 111,000 111,000 Westwood Park Fence Enclosure 50,663 50,663A67 Lincoln Cedars Fence Improvements 12,000 12,000 Roseland Park Restroom Replacement 135,000 135,000 j Repair Fire Fighter Memorial 33,625 67,250 CommunityCenter Path Im rovements 67,830 67,830 MUNICIPAL DEVELOPMENT DISTRICT MDD PROGRAM FUND BUDGET SUMMARY for Fiscal Year 2016-17 Actual Carry-forward Adopted ota Allocation Estimated Carry-forward ew Allocation ota Allocation 2014.15 2014-15 2015-16 2015-16 2015-16 2015-16 2016-17 2016-17 Paint Bridge Overpasses 50,000 50,000 50,000 Kayak Launch Ba land & Roseland 70,000 70,000 15,000 55,000 - 55,000 lEvergreen Park Land - 1,013,758 1,013,758 - 425,000 425,000 Evergreen Crew & E ui ment 150,000 150,000 New Service Center Evergreen Park Bldg Rehab 800,000 800,000 Evergreen 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 Up 20,000 20,000 Subtotal 2,001,936 947,846 2,209,850 3,655,079 3,329,960 287,499 3,155,667 3,443,166 Total MDD Projects 7,600,482 3,805,610 5,465,342 9,916,335 7,344,782 2,533,933 5,229,557 7,763,490 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 1,725,000 2,095,396 Subtotal 300,000 502,021 800,000 670,396 300,000 370,396 2,025,000 2,395,396 Total MDD Expenditures 7,900,482 4,307,631 6,265,342 10,586,731 7,644,782 2,904,329 7,254,557 10,158,886 Revenues over under expenses 1,791,279 4,307,631 168,542 4,489,931 1,180,860 2,904,329 629,597 3,533,926 Ending working capital $ 5,017,721 $ 710,090 $ 541,548 $ 527,790 $ 3,836,861 $ 932,532 $ 302,935 $ 302,935 DEBT SERVICE PAYMENT RECAP Aquatics Master Plan Phase 1 & 2 Construction Debt Svc on $6mm 437,888 426,713 426,713 426,713 434,138 434,138 Pirates Bay Expansion (Debt Svc on $5.5mm) 375,529 376,079 376,079 376,079 376,529 376,529 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 1,256,535 743,890 743,890 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 $ 2,208,284 $ 1,554,557 $ 1,5 "557 SUPPLEMENTAL INFORMATION INCLUDED FOR PLANNING PURPOSES 99 �mtH O W m Op Op OD , Ccqt y' tS7 O r t D pOo Cl! 0 - M SO ((rr (7 poO� N S SNS co S S N O O O N H r r 9m O ppbg 0 0 S 0 D pp O ppb 88S O O S 8 8 8 8 a: 11 N O 0 o ca W 1�Oi r f�i m) "� 8 f•� pO NONE S p N�Ofi S N V S S N aD W l7 N d N K r r 9 m vyN >A 0 0 m O00�2 C O Soo S S p 01 N O m O m O1 Lao)825 S2 Q 5� 25 Q 25 Q Q 2i 25 Q $ Q 25 5Q2 g 5� 25 Q 25 n n 0 ` u� L m 8 mrn�m Q�Q 6Yi Rill S$ 14i S S C N h 0 0 I O C Obi_ 00 00 ' ' S {mm n O O l� F O ^ pO O M O0 N p0 LO S p0 w tfI S S S pO 11'1 {Mp N P09 'a O_ N m M m m A j0 O� S tO 1O co Y800 OO 1 ONN Lo OOD 1 O V W fyNf t0 N m Pico (�N 0 pO (O N p0 1A N p0 OD fN�] r N 10 m '41 8O(mp 1O f0 N � OD fDV S N n N t0 I 1 ll N mr S tO 1O �O! O 00 1 00 1 O 1 O m 1 o 4o Z mmmS2m orn 881Qi g v r Op v r N Q N fO tO A' S 01 SO OD (DV S w trO Opp r0 1 01010 ODN(Np N vim) 1 8N 01[j m U S 0 9 N 17 W N pO O� 1I1 C) � N lm+l NOD tp 1n Q 1N� O N r m w N M N m r 1N0. 71 csi NON/ 8 r 25 S ZS 1 1 88 1q r S 1m m vl 1n 10 E'y,� C O r p N a0 V Y 0 M M co tO N N O N O OI N O 1n N 07 r a m 0 t0 N SN 0 V M 1[ (�I N v: O Q 1fj tp N NNW 1m tp n I� 0 W of N W y c G b W r"I r r tD M N O {fpp YO S � m O to O p W N p O88 1-0110 r N N r0O1np� W 00 solo N 11 0 m 10 S a S O p to LQ' tp 8O 00 O Ip- X S N'1r O O O 1p� 1V tNp f'� 8 1n N 1n N co to O 1n N r 9D C Q O H fo fO 1V N pp 8S S 8 8 pp 8 8 S 8 8 8 1I 1 S f q1 fj 9 p p O h �0N O ^ O O 1n O 1Nn pp 1n O S O OOD 17 N W 0 O N N m N Q Q N N tO 10 Q Z •Q !9n O O1 O 8Om O r I 1 0O FR N pa LL] 1 0 LL m r Oc-n N N O 1f7 O C7 r 1A N N O0f to N w OG N m 1 V N O O N O 1 O -v r J U wr In IR V~ O a a n Y O N iO 1 m r 1 r tN0 NOO r Nc NQr S r cn O 1n NN � O Y aci m c 600 � pO 1 n N co 17 8 0 OI r S v�rTNN O r N T 1h N N prp tO Q ( U N r Y 4 aO U E a ~ w a0 ti y m CD $ CD °E (~A aC1 LLJ `o u N u m /B LL u� mm a'>m m a and CS a EE' E� o. o to m� =N v N ~ LU y C a C m to C a NN; Q to toy :3 U_ ya y L m y ;; 0' `•' O Y > O y¢ fn 1n cZ i IL d `? e o j 2 ? m C Q ,1� C> 07 $ C lB S N N • O B 1 y C m O a C m mE`. 9 C m a O C C m N= a C N 4� C d m yym F J T m j mmm L F.0 y d O d m) ❑ m N N y O W ' a V C m f .j j 1'2 m LL V$t,t Lo 1 m LL wO.. O a Z y m C7 m O a m Q' (n W Tn a W 1++ (/1 (A D i tO ` a me6F O o 9 C m m E05 `1 C •_ m al E 7> C C C m q� m E H m m 6 .O aa` m (o o 0 ��+ .O m c m U @ o w? U c C a m O E C N m O 1vp C C aF D N o N `m o 3 > c d c a O y a c m$ a d a•� -- d .> m m y 0— 4E.) m a> m $ 0 5 = FFo m- ti ._ a @'9v m W 3 2 h N m o C m f v m g m 0 3 b U m m a U 1 L A m V{V m > C y m po �•�En> oEo d a mO m o m •_•_ o 0pp •_ u m •- opp CpE m8 3L O o � � � p � Q._Z a°m mm 1n ��e Ho".. N C 'vU I Nm m m 7 0 p�ppgo 0 0 pEp U U U U Q W J ._ m m m O m O La mu. m O —= W Wam W0OW W W W W W d y5 2UtA0Hrh1- 99 9b N CQ O , I fpD� t0 r NO eq pWp t0 M N pO N pO p0p S N M pO 8 m 1q r 9 lh pO pO 8 1n M n pO 8 O aWa V �0) aD � O O dN N N t0 N 9 N pppp [7 88 O O t 88 00 t 8 O � N 8SS 000 N Wpy b N N M 7�wi•IL Yn9 f0 N O O � N m Ig td 9 b N I N O O O O t O t O� N S88 O O O N f1W0 y O uu Y M N o N l0 8 7 m li O 00 ol '41 N N O �- O7 to l7 t0 to O. b ,7 A a O t 0 t O t cq � L SO co N N pO 11.1 pOp pOp O1gN ff�7 V ppOp GWD_ Or 1fp�D N �0 1pO� 8 �r1O 0 tS0 l't1 N pN s aO N rN N tD y °1 a 1°�i m N 25 25 125 2p5 25 25 25 `4' `� co �i rn m b P N N N N N Y m p s s O W N O o aN b O �N 1l7 P y A N OOp f�(�p0p_ t OGMD t 1 00 ' 1 V fOW+17 c" W N W H O O N a M N W pO 10 N N Ln N Y 8OO $ npOpOO N N N a� Y r SO MOM 1M0 N Q M r N N O M y 0� 1r1 1 O 1 O 1 00 1 t0 1ry 1�0. N culll tb,1 p N pO pO N N pO N N V 800 (O pO � N 8000 (�1 n O s(�1 OM Q N M Ln '- N P y E � (D 1 O 1s W aM0 8 1 01 M t <O tD OM1 W M co M N 1(I G bof V O N f0 1NN O N m n W N N M N O r M O n M 0 N A N M WN y N m omtoNONQ M W 1 n O N �(�tpppp88 W8 1 On88�Mtpp88881pO W fMOO t0O0 Nm (o�BS OO S 1 tpp N OD t 8 8 N � (pp m E.�y' O N O P O N OED N O (7�Nt0 r aD NN�9 N � 10� 10rP M t0 ClOMO w ug O 10 W fD N �y} O O C O S m O m co M _� O v M N N N O� M Cl) lh P M l") P to M W W x N W y = _ O 'b M n W P o 1'1 1q O N W N W n cn N R W O M Y Y n to fD t0 m m n M tD M m m O 10 N O f7 aD f10 10 n .. r o 10 M M QS W RES O 1h W M r W O n O 1- S O N tD N K fD r M r t0 to N N N m 2 n (4— N t0 [O Cl) N N N N N '- g N 10 1q P M f0 I� p t0 10 O P') n O O N 1[I Ln fD W W p co O r l7 M n t0 (p f10 1q 0 co Y 1- N 1q Q M fA O V y lz G m r O 25 25 t 25t�25258oQQ N OMD 25 25 t 1q V n 8 O 1 S O (np Ol M m M N H q� y^GO fD t0 O t0 O O NN �M PnOOtDv1qN t0 tD 1gPjj N N Q a N �IS V 1q r y Z E N 1 f7 N 1 NM N (O c, B O V Oppr OD W m N m tD I f.0 O t0 1 NN O O M tD M t0 ppb O ON OD OND N fV t0 (O v N (V N N N ra Ol o m pN 1[I pN 1q 1p� f7 oP f� O n J U- N N O 7 a y UI O d N N P O N O 1 N N t0 m N N 14 P N M fD n O W O t0 N N Y p t 00 P 1n (p tD 4'1 ' 1fI N t0 N tD 1q tD Q� Q. Q C yy11 _ C9 N N N Lo ( n N fC tG NMr-OYN fV P tfj N m P m P m P m htp a M O to Q z U= N N N N N Z S2 W N y v3 = D Vi 0 cD ' L aW ~ N C .b. =N E cr 5 :0._ b b. E Ebto m _ w r E b z a °0 0 c g ohm oc bb �e-6i c E >c �Ecoi y b �Em > E di o c > f v m o O� m W bE $mLLLoL�E2 LuE�oEb°e mE bm c» m._3 W b J WQ > R' a c...m 0E� mbQb � m W ° ob r>=�i�1DEc �° 1D7._� au U$L ° t. a— n > E° � ELbv b �atl1mv b 0 e C a' g E U $E o�D) D 0 b a`1 9 a W C�i10 �� P S E b $ m J W a� C xA E{"{ppa{p (D U d 3 E ID�LLLLd. b`�y bbmy .5 rc> y b $ mJ v>bEsm �� ; m b m �— 's Y J N O N U y C N b M Y Y.-�G7 m _ =o O tj oap��-bp •O—Y 3 S a b f0LL V -Emmuib U {0 l0 bZL Y b3 m � Z O F b Q O.H W `m b O m>mE o m T N m L E U b �'S�UmZ U Fa U U— 0 0 b m b J m U b a b ` $ �.g' b c•O$=a=ia=iwma) c == a J $ U a = a w b U b a O D E C vb > D y •L C .. y' b _ W y b S y 9 S = b_ p .- b m 0 S �'i y 1 b C N b mN OID O� 10 >>>> m m} y S j L L C �'l W = �mLL a¢' -'a$ Comc�c�`3mc�U��n-�c9a33mmUaxwwwwf--�c9 u. rn F°- oar 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 - $ 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 r. 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 012023 to 02 01/2033 callable in whole or in part on any date beginning 02/01/22 @ par 110) 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 5.000% $ - $ - $ 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