MDD Resolution No. 1 RESOLUTION NO.1
•A RESOLUTION OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT,
IMPOSING A SALES AND USE TAX OF ONE-HALF OF ONE PERCENT ON
RECEIPTS FROM THE SALE AT RETAIL OF TAXABLE ITEMS IN THE DISTRICT
AND AN EXCISE TAX OF ONE-HALF OF ONE PERCENT ON THE USE,
STORAGE OR OTHER CONSUMPTION IN THE DISTRICT OF TANGIBLE
PERSONAL PROPERTY PURCHASED,LEASED OR RENTED FROM A
RETAILER FOR THE PURPOSE OF FINANCING DEVELOPMENT PROJECTS IN
THE DISTRICT;AND PROVIDING FOR THE PUBLICATION AND THE
EFFECTIVE DATE THEREOF.
*************************************************************************************
BE IT RESOLVED BY THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT:
Section 1:That the Baytown Municipal Development District hereby imposes a sales and
use tax of one-half of one percent on receipts from the sale at retail of taxable items in the district and an
excise tax of one-half of one percent on the use,storage or other consumption in the district of tangible
personal property purchased,leased or rented from a retailer for the purpose of financing development
projects in the district.
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
Municipal Development District this the 26`s day of June,2001.
C
PETE C.ALFAR,resident
ATTEST:
GU&
BILL GILBERT,Secretary
APPROVED AS TO FORM:
ACIO RAMIREZ.AW,General Counsel
•
c:k I 11270\Counc i l\m un icipal DevclopmentDistr ict\MDDtmposi ngTax