2009 04 02 MDD MinutesMINUTES OF THE MEETING OF THE BAYTOWN MUNICIPAL
DEVELOPMENT DISTRICT
April 02, 2009
The Baytown Municipal Development District of the City of Baytown, Texas met in a
Regular Meeting on Thursday, April 02, 2009, at 4:30 P.M. in the Council Chamber of
the Baytown City Hall, 2401 Market Street, Baytown, Texas with the following in
attendance:
Reggie Brewer
Brandon Capetillo
Lynn A. Caskey, II
Ruben Linares
David McCartney
Terry Sain
Scott Sheley
Lena Yepez
Kirven Tillis
Mary Hernandez
Stephen DonCarlos
Garrison C. Brumback
Ignacio Ramirez, Sr.
Kevin Troller
Kaythie Darnell
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
President
General Manager
General Counsel
Assistant City Manager
Assistant Secretary
4:30 P.M. President DonCarlos called the meeting to order with a quorum present.
1. MINUTES
a. Considered approval of the minutes from the Baytown Municipal
Development District Regular Meeting on February 5, 2009.
Motion was made by Director Sain, seconded by Director Caskey approving the minutes
from the February 5, 2009, Municipal Development District Regular Meeting. The vote
was as follows:
Ayes: Directors: Brewer, Capetillo, Caskey, Linares, McCartney, Sain,
Sheley, Ycpez, and President DonCarlos.
Nays: None.
The motion passed.
Page 2 of 4
2. PROPOSED RESOLUTIONS
Minutes of the April 2, 2009 MDD Meeting
a. Resolution 129: Interlocal with City for the development of the Parks Master
Plan - Parks and Recreation.
Resolution 129 authorized an Interlocal Agreement with the City of Baytown for funding
the development of a Parks, Recreation, Open Space and Greenway Master Plan.
Pursuant to Resolution 129, the MDD would fund up to $100,000 for the development of
the plan. These funds were reprogrammed for this purpose at the Board's February, 2009
meeting.
Motion was made by Director Brewer, seconded by Director Capetillo approving
Resolution 129. The vote was as follows:
Ayes: Directors: Brewer, Capetillo, Caskey, Linares, McCartney, Sain,
Yepez, Tillis, Hernandez, and President DonCarlos.
Nays: None.
The motion passed.
RESOLUTION 129
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT
AUTHORIZING THE PRESIDENT TO EXECUTE AND THE
ASSISTANT SECRETARY TO ATTEST TO AN AGREEMENT
BETWEEN THE BAYTOWN MUNICIPAL DEVELOPMENT
DISTRICT AND THE CITY OF BAYTOWN TO PROVIDE FUNDING
FOR THE DEVELOPMENT OF A PARKS, RECREATION, OPEN
SPACE AND GREENWAY MASTER PLAN; AUTHORIZING
PAYMENT OF A SUM NOT TO EXCEED ONE HUNDRED
THOUSAND AND NO /100 DOLLARS ($100,000.00); MAKING
OTHER PROVISIONS RELATED THERETO; AND PROVIDING FOR
THE EFFECTIVE DATE THEREOF.
b. Resolution 130: Baytown Municipal Development District's Investment
Policy and Strategy - Finance.
Resolution 130 adopted the Baytown Development District's Investment Policy and
Strategy in compliance with the Public Funds Investment Act.
We submitted the Baytown Municipal Development Districts' Investment Policy for
review and approval in accordance with the Public Funds Investment Act Section 2256-
005 (e) & 2256 -005 (f).
Page 3 of 4
The changes to the policy are as follows:
Minutes of the April 2, 2009 MDD Meeting
Exhibit A — Authorized Investment Officials.
Exhibit B — Statement of Ethics and Conflicts of Interest. The change was made
to reflect the new personnel responsible for the City's investments.
Exhibit C — Approved Broker/Dealers, Financial Institutions and Investment
Pools. The change was made to remove UBS Financial Services, Inc. and add
Morgan Stanley.
Motion was made by Director Capetillo, seconded by Director McCartney approving
Resolution 130. The vote was as follows:
Ayes: Directors: Brewer, Capetillo, Caskey, Linares, McCartney, Sain,
Yepez, Tillis, Hernandez, and President DonCarlos.
Nays: None.
The motion passed.
RESOLUTION 130
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT ADOPTING
THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT'S
INVESTMENT POLICY AND INVESTMENT STRATEGY IN
ACCORDANCE WITH THE PUBLIC FUNDS INVESTMENT ACT;
AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
3. MANAGER'S REPORT
a. Update the Sales Tax — Finance.
Received update on sales tax collections for the Baytown Municipal Development
District.
4. ADJOURN
Motion was made by Director Yepez, seconded by Director Butler adjourning the MDD
April 2, 2009, Regular Meeting. The vote was as follows:
Ayes: Directors: Brewer, Capetillo, Caskey, Linares, McCartney, Sain,
Yepez, Tillis, Hernandez, and President DonCarlos.
Page 4 of 4 Minutes of the April 2, 2009 MDD Meeting
Nays: None.
The motion passed.
5:15 P.M. President DonCarlos adjourned the MDD April 2, 2009, Regular Meeting.
KaytkiA Darnell, Assistant Secretary
- City n aytown
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