MDD Resolution No. 334RESOLUTION NO. 334
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 EVERGREEN PARK CLUBHOUSE, 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 Evergreen Park
Clubhouse, 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 ote of the Board of Directors
of the Baytown Municipal Development District, this the 7th daX4 June, 2018.
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ATTEST:
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LETICIA BRYSCH, A ist nt Secretary =�`•`� 1;r �" w
APPROVED AS TO FORM:
I NACIO RAMIREZ, SR.(general Counsel
%AcoblIsO City CounciMunicipal Development District.Resolutions\2018Uune\ReprogrammingFunds4MDD4EvergreenParkClubhouse.doc
"EXHIBIT A"
BUDGET APPROPRIATION TRANSFER
FISCAL YEAR 10/1/17 thru 9/30/18
FUND 215 -MUNICIPAL DEV. DIST. FUND
DIVISION 21505
CONTROL NUMBER
TRANSFER FROM:
DIVISION ACCOUNT ACCOUNT
NUMBER NUMBER NAME
DATE: 6/7/2018 Period 9
Include in End of Year Budget Amendment B
Transfers Out - Journal Entry
:CURRENT ADJUSTED
BUDGET AVAILABLE TRANSFER BUDGET
AMOUNT I BALANCE I AMOUNT AMOUNT
21510 99001 Contingencies 411,400.00 411,400.00 (110,000.00)
TRANSFER TO:
21505 85001 Construction 1,221,500.00 (483,278.79) 110,000.00
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 additional $110,000 for Evergreen Park Clubhouse Renovations.
301,400.00
1,331,500.00
Requested y: Date Director of Finance Date
Audited y: ate City Manager/Deputy City Manager/Asst. City Manager Date
(If applicable)
Entered y: ate