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Ordinance No. 13,320ORDINANCE NO. 13,320 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE AND THE CITY CLERK TO ATTEST TO THE FIRST AMENDMENT TO THE INTERLOCAL AGREEMENT FOR FUNDING OF PIRATES BAY WATER PARK AQUA LOOP PROJECT WITH THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. *********************************************** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby authorizes the City Manager to execute and the City Clerk to attest to the First Amendment to the Interlocal Agreement for Funding of Pirates Bay Water Park Aqua Loop Project with the Baytown Municipal Development District. A copy of said amendment is attached hereto as Exhibit "A," and incorporated herein for all intents and purposes. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. Z7 INTRODUCED, READ and PASSED by the affirmative v to of the City Council of the City of Baytown this the 13th day of October, 2016. DONCARLOS, Ma ATTEST: C L TI IA BRYSCH, Ci Clerk APPROVED AS TO FORM: 1 A NACIO RAMIREZ, R City Attorney +,l cobfs0111egal',Karen\Files,City Council\Ordinances\2016 `,October 13\ MDDIstAmendment4AquaL-oopProject .doc Exhibit "A" FIRST AMENDMENT TO THE AGREEMENT FOR FUNDING OF PIRATES BAY WATER PARK AQUA LOOP PROJECT STATE OF TEXAS § COUNTY OF HARRIS § This First Amendment ( "First Amendment ") to that certain Interlocal Agreement for Funding of Pirates Bay Water Park Aqua Loop Project (the "Agreement ") effective On October 1, 2016, by and between the BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT, a political subdivision of the State of Texas, hereinafter called "District," and the CITY OF BAYTOWN, a home -rule municipal corporation located in Hams and Chambers Counties, Texas, hereinafter called the "City" is made by and between the same parties on the date hereinafter last specified. WHEREAS, the District desires to promote new or expanded business development within its boundaries; and WHEREAS, District and City entered into the Agreement for Funding of Pirates Bay Water Park Aqua Loop Project; however, additional funding is necessary for the completion of the Project; and WHEREAS, the District and the City desire to amend the Agreement for the additional funds necessary for the completion of the Project up to an amount not to exceed FOUR HUNDRED FIFTY THOUSAND AND NO /100 DOLLARS ($450,000.00); NOW THEREFORE, for and in consideration of the premises and mutual covenants herein contained, it is agreed as follows: 1. Definitions. Unless a different meaning clearly appears from the context, words and phrases as used in this First Amendment shall have the same meanings as in the Agreement. 2. Amendments. Section 5 "Funds to be provided by the District" of the Agreement is hereby amended as follows: Section 5. Funds to be provided by the District. For and in consideration of the services to be provided by the City in furtherance of this Agreement, the District shall tender funds to the City in an amount not to exceed SEVEN HUNDRED THOUSAND AND NO /100 DOLLARS ($700,000.00). All payments required to be made herein shall be payable on or before 30 days after the District receives an invoice therefor from the City. Entire Agreement. The provisions of this First Amendment and the provisions of the Agreement should be read together and construed as one agreement provided that, in the event of any conflict or inconsistency between the provisions of this First Amendment and the provisions of the Agreement, the provisions of this First Amendment shall control. First Amendment to the Agreement for Funding of Pirates Bay Water Park Aqua Loot) Proiect, Page 1 IN WITNESS WHEREOF, the parties have made and executed this First Amendment in multiple copies, each of which shall be an original and effective on the _day of 12016. CITY OF BAYTOWN RICHARD L. DAVIS City Manager ATTEST: LETICIA BRYSCH City Clerk APPROVED AS TO FORM: IGNACIO RAMIREZ, SR. City Attorney BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT STEPHEN H. DONCARLOS President ATTEST: LETICIA BRYSCH Assistant Secretary APPROVED AS TO FORM: IGNACIO RAMIREZ, SR. General Counsel llcobfsOl '!legal',Karen%FileslCity CounciMunicipal Development District- Contracts,Conttacts 2016\FirstAmendment2AquaLoopCosts.doc First Amendment to the Agreement for Funding of Pirates Bay Water Park Aqua Loon Project, Page 2