Loading...
MDD Resolution No. 33 RESOLUTION NO.33 •A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT CHANGING THE 2002-2003 FISCAL YEAR BUDGET OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT TO PROVIDE FUNDING FOR THE ACQUISITION OF PROPERTIES AND THE DEVELOPMENT OF NEW BASEBALL FIELDS;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 changes the 2002-2003 fiscal year budget of the Baytown Municipal Development District to provide funding for the acquisition of properties and the development of new baseball fields.A copy of the change is attached hereto as Exhibit"A"and incorporated herein 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 61h day of March,2003. lirZe-C- PETE C.ALFAR,President ti'TEST: GAY W.SMITH,Assistant Secretary APPROVED AS TO FORM: NACIO RAMIREZ,SR.neral Counsel •FAKarcn\Files\City CounciAlMunicipal Development District\Resolutions\Amending02O3Budget4LittieLeagueLand.doc CITY OF BAYTOWN bIUNICIPAL DEVELOPMENT DISTRICT CAPITAL IMPROVEMENTS PROJECTS Budget Funds Project Committed Balance New Transferred Available Budget 09/30/02 09/30/02 Funds In(Out)Funds ECONOMIC DEVELOPMENT PROJECTS: Business Expansion/Promotion S 300,000 S 212,499 S 87,501 S 300,000 S-S 387,501 tPARKS:&RECREATION PROJECTSc, Gray Center Renovations 610,000 258,123 351,877 480,000 831,877 Roseland Park Bulkhead 245,000 231,864 13,136--13,136 Roseland Park Sprayground*100,000 75,543 24,457-(18,000)6,457 Nature Center Entryway 450,000 150,261 299,739 215,000-514,739 East Little League-Land Acquisition*150,000-150,000-125,000 275,000 Goose Creek Stream,Phase IV 50,000 8,000 42,000 150,000-192,000 East Hams County Soccer*70,000-70,000-(70,000)- STREETS/SIGNALIZATION/SYNCHRONIZ.ATION PROJECTS.?'-'.,�i:s��_,,•.,�;_ Street Signal ization/Synchronization 350,000 118,800 231,200 500,000-731,200 New Thoroughfares-Land Acquisition 125,000-125,000 100,000-225,000 Sidewalks(Rollingbrook and Others)100,000 62,758 37,242 50,000-87,242 SIB Loan Payment 250,000 250,000-127,478-127,478 UTILITY PROJECTS:-1;.n'•;_.fV. Upsize New Utilities'200,000-200,000 200,000(37,000)363,000 North Main Water&Sewer Extension---300,000-300,000 MINISTRATION=&OVERHEAD- Administration 137,500 137,500-150,000-150,000 Contingency 17,500-17,500 150,000-167,500 TDTAL•MDD PROJECTS--,:*-S 3,155,000'S.1,505,348-S a16419,6k�2 722,478'S'S.4,3720.Q *Fund transfers approved by Municipal Development District(MDD)Board on March 6,2003. is LWIT A