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MDD Resolution No. 27-FundingSportsComplex RESOLUTION NO.27 •A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE PRESIDENT TO EXECUTE AND THE ASSISTANT SECRETARY TO ATTEST TO AN AGREEMENT BETWEEN THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AND THE CITY OF BAYTOWN TO PROVIDE FUNDING FOR THE DESIGN,ENGINEERING,AND DEVELOPMENT OF THE WAYNE GRAY SPORTS COMPLEX PROJECT;AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. 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 President to execute and the Assistant Secretary to attest to an agreement with the City of Baytown to provide funding for the design,engineering,and development of the Wayne Gray Sports Complex Project.A copy of the Agreement is attached hereto as Exhibit"A,"and made a part hereof for all intents and purposes. 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 Baytown Municipal Development District,this the 12`h day of September,2002. PETE C.ALFARO,President ATTEST: GAR W.MITH,Assistant Secretary APPROVED AS TO FORM: NACIO RAMIREZ,S.,General Counsel • FAKaren\Files\City CounciMunicipal Development DistrictlResolutions\MDDWayneGraySportsComplexProject.doc