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MDD Resolution No. 4 RESOLUTION NO.4 A RESOLUTION OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE COMPLETION OF THE MAIN LANES OF SPUR 330 FROM FAIRWAY DRIVE TO IH-10 AND SUPPORTING TEXAS DEPARTMENT OF TRANSPORTATION'S FUNDING OF THE PROJECT;AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS,Spur 330,which begins at the interchange IH-10 and extends approximately 4.5 miles to its intersection with State Highway 146,is one of the primary entrances into the City of Baytown;and WHEREAS,the Spur 330 Project(the"Project")includes the construction of the following: the two 2-lane frontage roads from State Highway 146 to IH-10, a direct connector ramp from northbound State Highway 146 to westbound Spur 330, ➢the main lanes from State Highway 146 to Fairway Drive,and -a six-lane freeway between the frontage roads,including three bridges to provide grade separations at Baker Road,Bayway Drive,and the railroad crossing at Wade Road;and WHEREAS,construction contracts have been let for the following phases of the Project: two 2-lane frontage roads from State Highway 146 to IH-10, a direct connector ramp from northbound State Highway 146 to westbound Spur 330,and >the main lanes from State Highway 146 to Fairway Drive;and WHEREAS,because the City of Baytown's traffic flow is being impacted by the opening of the Fred Hartman Bridge,completion of State Highway 146,the development of the Bayland Marina,the expansion of the Port of Houston Authority Bayport Terminal,and expanding residential development,the completion of the two lane frontage roads will not be enough to provide a safe and efficient traffic flow through this corridor;and WHEREAS,without the completion of the main lanes,undue safety hazards on the citizens and motoring public will continue to increase;and WHEREAS,the completion of the Project is absolutely vital to the City of Baytown and will enhance the area's economic development potential,which will improve the socio-economic environment:and WHEREAS,the Board of Directors after reviewing the Project hereby finds that the Project furthers the purposes of the Baytown Municipal Development District and qualifies as "development project"as that term is defined in Section 377.001 of the Texas Local Government Code:and WHEREAS,funding by the Texas Department of Transportation has been requested to complete the Project;and WHEREAS,the Board of Directors of the Baytown Development District wants to express its support of Texas Department of Transportation's funding of the project and to authorize funds in support thereof under the conditions listed herein;NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT: Section 1:That the recitals contained in the preamble of this ordinance are determined to be true and correct and are hereby adopted. Section 2:That the Board of Directors of the Baytown Municipal Development District hereby supports both the completion of the main lanes of Spur 330 from Fairway Drive to IH-10 in Baytown,Harris County,Texas,and Texas Department of Transportation's funding of the remainder of the construction costs for the Spur 330 Project. Section 3:That the Board of Directors of the Baytown Municipal Development District hereby authorizes the expenditure of funds in the amount of TWO MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS($2,500,000.00)for the completion of the main lanes of Spur 330 from Fairway Drive to I1-1-10,contingent upon Texas Department of Transportation's funding of the completion of the Project. Section 4: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 2611,day of July,2001. PETE C.ALFARO,resident ATTEST: GAY W.SMITH,Assistant Secretary APPROVED AS TO FORM: NACIO RAMIREZ.VR.General Counsel Akdh2721Counci1\MCC\Resol utions\M DDDeckerDrivcResolut ion 2