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BHPFC Resolution No. 2RESOLUTION NO. 2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN HOSPITALITY PUBLIC FACILITIES CORPORATION AUTHORIZING THE GENERAL MANAGER TO NEGOTIATE AND EXECUTE AN INTERLOCAL AGREEMENT WITH THE CITY OF BAYTOWN AND THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT 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 HOSPITALITY PUBLIC FACILITIES CORPORATION: Section 1: That the Board of Directors of the Baytown Hospitality Public Facilities Corporation hereby authorizes the General Manager to negotiate and execute an interlocal agreement with the City of Baytown and the Baytown Municipal Development District 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 from and after its passage by the Board of Directors of the Baytown Hospitality Public Facilities Corporation. INTRODUCED, READ and PASSED by the affirmative vote of the Board of Directors of the Baytown Hospitality Public Facilities Corporation, this the 3rd f October, 19. B D CAPETIL O, Presid t 7TIC" STIA BRYSCH, A tant Secretary APPROVED AS TO FORM: C2 ALIO RAMIREZ, SR., G e�1'ounsel VKarenTilesTity Council\PFC\Resolution\October 3\PFC1nter1oca1withCity&MDD.doc s I fill1�l�` VKarenTilesTity Council\PFC\Resolution\October 3\PFC1nter1oca1withCity&MDD.doc