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MDD Resolution No. 23-SurveyingCostsBakerRdExtensionROW RESOLUTION NO.23 A RESOLUTION OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT,AUTHORIZING THE EXPENDITURE OF FUNDS IN AN AMOUNT NOT TO EXCEED TWENTY-FIVE THOUSAND AND NO/100 DOLLARS($25,000.00)FOR SURVEYING COSTS ASSOCIATED WITH THE ACQUISITION OF RIGHT-OF-WAY FOR THE EXTENSION OF BAKER ROAD FROM NORTH MAIN TO CROSBY CEDAR BAYOU ROAD; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS,the Baytown Municipal Development District("the District's and the City of Baytown(the"City")entered into a letter agreement with North Main Properties("NMP")to acquire a portion of the right-of-way needed for the extension of Baker Road from North Main to Crosby Cedar Bayou Road;and WHEREAS,the letter agreement requires the City to obtain the survey,NMP to dedicate portions of the needed property,and the District to pay one half of the survey costs up to a maximum of TWENTY-FIVE THOUSAND AND NO/100 DOLLARS($25,000.00);NOW THEREFORE 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 expenditure of funds in an amount not to exceed TWENTY-FIVE THOUSAND AND NO/100 DOLLARS($25,000.00)for surveying costs associated with the acquisition of right-of-way for the extension of Baker Road from North Main to Crosby Cedar Bayou Road. Section 2:This resolution shall take effect 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 13th day of June,2002. 4,C PETE C.ALFARO,resident ATTEST: RY SMITH,Assistant Secretary APPROVED AS TO FORM: CIO rV_REZ,SR.,G e 1 Counsel F:UCarcn\Files\CityCouncil\MunicipalDevelopmentDistrict\RcsolutionslResolutionM DDBakerRoadExtensionAuthorizeFunds.doc