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CC Resolution No. 2649RESOLUTION NO. 2649 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, APPROVING HARRIS COUNTY MUNICIPAL UTILITY DISTRICT NO. 459'S ISSUANCE OF FOUR MILLION SEVEN HUNDRED FIFTY THOUSAND AND NOi100 DOLLARS ($4,750,000.00) UNLIMITED TAX BONDS, SERIES 2020 AS MEETING THE REQUIREMENTS OF SECTION 98-703(17) OF THE CODE OF ORDINANCES, BAYTOWN, TEXAS; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. *************************************************************************************** WHEREAS, Harris County Municipal Utility District No. 459 ("MUD 459") has submitted a copy of the following to the City for review: 1. the staff memorandum of Texas Commission on Environmental Quality approving MUD 459's projects and bonds, 2. MUD 459's proposed bond order, 3. MUD 459's proposed preliminary official statement, bid form and notice of sale; and WHEREAS, the City staff reviewed the information submitted and has determined that the criteria contained in Section 98-703(17) of the Code of Ordinances, Baytown, Texas, have been satisfied by MUD 459; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby approves Harris County Municipal Utility District No. 459's issuance of FOUR MILLION SEVEN HUNDRED FIFTY THOUSAND AND NO: 100 DOLLARS ($4,750,000.00) Unlimited Tax Bonds, Series 2020, as meeting the requirements of Section 98-703(17) of the Code of Ordinances, Baytown, Texas. Section 2: This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the City of Baytown this the 14" day of May, 2020. ATT T: LE ICIA BRYSCH, Cit erk APPROVED AS TO FORM: KAREN L. HORNER, Interim City Attorney RAKarenTiles City CouncihResolutions\202OWay I4WpprovelssuanceofBondsbyMUD459.doc