MDD Resolution No. 332RESOLUTION NO. 332
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
2017-2018 BUDGET IN ORDER TO REPROGRAM FUNDS TO PROVIDE
FUNDING FOR THE DESIGN OF THE BAYTOWN GATEWAY III
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
2017-2018 Budget to reprogram funds to provide additional funding for the design of the
Baytown Gateway III 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 affirmative dote of the Board of Directors
of the Baytown Municipal Development District, this the 7th dayAf June, 2018.
AT EST:
LETICIA BRYSCH, ssistant Secretary
APPROVED AS TO FORM:
NACIO RAMIREZ, S'., eneral Counsel
STW REN -1 DONCARLOS,
R: Karen- Files' City CouncilNunicipal Development District Resolutions\2018Uune.ReprogrammingFunds4MDD.doc
"EXHIBIT A"
BUDGET APPROPRIATION TRANSFER
FISCAL YEAR 10/1/17 thru 9/30/18 DATE: 6/7/2018 Period 9
FUND 215 -MUNICIPAL DEV. DIST. FUND
DIVISION 21505 Include in End of Year Budget Amendment e
CONTROL NUMBER Transfers Out - Journal Entry
TRANSFER FROM:
CURRENT =AMOUNT
DIVISION ACCOUNT ACCOUNT BUDGET AVAILABLE TRANSFER
NUMBER NUMBER NAME AMOUNT BALANCE AMOUNT
21510 99001 Contingencies 301,400.00 301,400.00 (70,000.00) 231,400.00
TRANSFER TO:
21505 85001 Construction 1,331,500.00 (373,278.79) 70,000.00 1,401,500.00
EXPLANATION:
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.
Will fund $70,000 for Baytown Gateway III Project
Requested y: Date IDirector oS Finance Date
Audited y: Date'City Manager/Deputy City Manager/Asst. City Manager ate
(If applicable)
Entered y: ate