MDD Resolution No. 365RESOLUTION NO. 365
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
2018-2019 BUDGET IN ORDER TO REPROGRAM FUNDS TO PROVIDE
FUNDING FOR FURNITURE, FIXTURES, AND EQUIPMENT 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
2018-2019 Budget to reprogram funds to provide funding for furniture, fixtures and equipment
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 vote of the Board of Directors
of the Baytown Municipal Development District, this the 10th day January, 2019.
W— L
CH S PRESLEY, Vice President
A ST:
LET CIA BRYSCH, Hsistant Secretary
APPROVED AS TO FORM:
ACIO RAMIREZ, SR. eneral Counsel
In►
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.ICOBFSOI Legal\Karen\Files.City CounciMunicipal Development District\Resolutions\2019Vanuary ReprogrammingFunds4MDD4EvergreenParkClubhouse.doc
"EXHIBIT A"
R UD GET APPROPRIA TION TRANSFER
FISCAL YEAR 10/1/18 thru 9/30/19
FUND 215 -MUNICIPAL DEV. DIST. FUND
DIVISION 21505
CONTROL NUMBER
TRANSFER FROM:
CURRENT ADJUSTED
ACCOUNT BUDGET AVAILABLE I TRANSFER BUDGET
NAME AMOUNT BALANCE AMOUNT AMOUNT
Contingencies 392,000.00 392,000.00 (175,000.00) 217,000.00
DATE: 1/4/2019 Period 4
Include in End of Year Budget Amendment B
Transfers Out - Journal Entry
DIVISION
ACCOUNT
NUMBER
NUMBER
21510 99001
TRANSFER TO:
21505 85001 Construction 3,161,571.00 1,879,684.00 175,000.00
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 $175,000 for Evergreen Park Clubhouse Renovations.
3,336,571.00
Requested y: =ate erector oFinance--=ate-
Audited
financeate
u ited By: ate City Manager/Deputy City Manager/Asst City Manager Date
(If applicable)
Entered y: Date