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MDD Resolution No. 385RESOLUTION NO. 385 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE PRESIDENT TO NEGOTIATE AND EXECUTE AN INTERLOCAL AGREEMENT WITH THE CITY OF BAYTOWN AND THE BAYTOWN HOSPITALITY PUBLIC FACILITIES CORPORATION IN CONNECTION WITH THE CONSTRUCTION, DEVELOPMENT, AND FINANCING OF THE PROPOSED BAYTOWN HOTEL AND CONVENTION CENTER PROJECT; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ************************************************************************************* 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 authorizes the President to negotiate and execute an interlocal agreement with the City of Baytown and the Baytown Hospitality Public Facilities Corporation in connection with the construction, development, and financing of the proposed Baytown Hotel and Convention Center Project under terms and conditions acceptable to the President and General Counsel. 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 3`d day of October, 2019. BRANDON CAPETILL , President *AT: YSCH, A�'Jnt Secretary APPROVED AS TO FORM: ACIO RAMIREZ, SR., &ril Counsel RAKaren Files'•.City CouncilNunicipal Development District Resolutions\2019 October\MDD[nterlocalwithCity&PFC.doc