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CC Resolution No. 2502RESOLUTION NO. 2502 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, APPROVING HARRIS COUNTY MUNICIPAL UTILITY DISTRICT NO. 459'S ISSUANCE OF $3,750,000 UNLIMITED TAX BONDS, SERIES 2017, AS MEETING THE REQUIREMENTS OF SECTION 98-703(17) OF THE CODE OF ORDINANCES, BAYTOWN. TEXAS: AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. *************************************************************************************** WHEREAS, Harris County Municipal Utility District No. 459 ("MUD 459") has submitted a copy of the following to the City for review: 1. the staff memorandum of Texas Commission on Environmental Quality approving the MUD 459's projects and bonds, 2. MUD 459's proposed bond order, 3. MUD 459's proposed preliminary official statement, bid form and notice of sale; and WHEREAS, the City staff reviewed the information submitted and has determined that the criteria contained in Section 98-703(17) of the Code of Ordinances, Baytown, Texas, have been satisfied by MUD 459; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby approves Harris County Municipal Utility District No. 459's issuance of $3,750,000 Unlimited Tax Bonds, Series 2017, as meeting the requirements of Section 98-703(17) of the Code of Ordinances, Baytown, Texas. Section 2: This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED, by the affirmative vote of Ze City Council of the City of Baytown this 200' day of November, 2017. APPROVED AS TO FORM: H. DONCARLOS, Mayor \cobfs0l VegahKarenTiles•.City Council\Resoludons\2017\November 20\ApprovelssuanceofBondsbyMUD459.doc