MDD Resolution No. 306RESOLUTION NO. 306
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
2016-2017 BUDGET IN ORDER TO REPROGRAM FUNDS FOR THE
BRUNSON THEATER REDEVELOPMENT PROJECT; MAKING OTHER
PROVISIONS RELATED THERETO; AND PROVIDING FOR THE
EFFECTIVE DATE THEREOF.
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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
2016-2017 Budget to reprogram funds for the Brunson Theater Redevelopment Project, 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 affirmaVe vote of the Board of Directors
of the Baytown Municipal Development District, this the 1st y of June, 2017.
APPROVED AS TO FORM:
NACIO RAMIREZ, SR., eral Counsel
MWiW
President
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"Exhibit A"
BUDGET APPROPRIATION TRANSFER
FISCAL YEAR
FUND
DIVISION
CONTROL NUMBER
TRANSFER FROM:
10/1/16 thru 9/30/17 DATE: 6/1/2017 Period 9
215 -MUNICIPAL DEV. DIST. FUND
21501 Include in End of Year Budget Amendment
Transfers Out - Journal Entry
DIVISION 11
ACCOUNT
ACCOUNT
11
NUMBER
NUMBER
NAME
21510 99002 Unforeseen/New Initiative
TRANSFER TO:
21501 74021
EXPLANATION:
CURRENT ADJUSTED
BUDGET AVAILABLE TRANSFER BUDGET
AMOUNT I BALANCE AMOUNT AMOUNT
1,645,396.00 1,645,396.00 (200,000.00) 1,445,396.00
Special Services 2,013,561.00 1,279,549.00 200,000.00 2,213,561.00
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 for the transfer.
Reallocating $200,000 from 99002 - New Initiatives to 74021- Special Services for professional engineeringlarchitectural services
for the Brunson Theater Redevelopment Project.
Requested y: ate erector o Finance Date
Audited y: ate City Manager Deputy City Manager/Asst. City Managet Date
(If applicable)
Entered y: ate