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MDD Resolution No. 71-AC4EddieVGrayResolutionRESOLUTION NO. 71 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE GENERAL MANAGER TO EXECUTE AND THE INTERIM ASSISTANT SECRETARY TO ATTEST TO AN AGREEMENT BETWEEN THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AND THE CITY OF BAYTOWN FOR FUNDING FOR IMPROVEMENTS TO THE EDDIE V. GRAY WETLANDS EDUCATION AND RECREATION CENTER; 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 finds that the expenditures authorized herein are for the planning of a development project, which satisfy the purposes for which the funds can be expended pursuant to Chapter 377 of the Texas Local Government Code and Section 4B(a), Development Corporation Act of 1979 (Article 5190.6, Vernon’s Texas Civil Statutes). All required findings pursuant thereto are hereby declared to have been made and adopted as findings of the Board of Directors. Section 2: That the Board of Directors of the Baytown Municipal Development District hereby authorizes the General Manager to execute and the Interim Assistant Secretary to attest to an agreement with the City of Baytown to provide funding for improvements to the Eddie V. Gray Wetlands Education and Recreation Center. A copy of the Agreement is attached hereto as Exhibit “A,” and made a part hereof for all intents and purposes. Section 3: That the Board of Directors of the Baytown Municipal Development District hereby authorizes the payment of an amount not to exceed ONE HUNDRED FIVE THOUSAND AND NO/100 DOLLARS ($105,000.00) to the City of Baytown in accordance with the agreement. 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 1st day of December, 2005. _______________________________ CALVIN MUNDINGER, President ATTEST: ____________________________ KELVIN KNAUF, Interim Assistant Secretary APPROVED AS TO FORM: ____________________________ IGNACIO RAMIREZ, SR., General Counsel R:\Karen\Files\City Council\Municipal Development District\Resolutions\2 005\December\AC4EddieVGrayResolution.doc