MDD Resolution No. 63-MDD Budget 2005-2006 RESOLUTION NO.63
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT ADOPTING A BUDGET FOR THE
ENSUING FISCAL YEAR,BEGINNING OCTOBER 1,2005,AND ENDING
SEPTEMBER 30,2006;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 budget estimate of the revenues of the Baytown Municipal
Development District and the expenses of conducting the affairs thereof for the ensuing fiscal
year,beginning October 1,2005,and ending September 30,2006,as finally submitted to the
Board of Directors by the General Manager of said District(a copy of which is on file in the
Assistant Secretary's office)be,and the same is in all things.adopted and approved as the budget
estimate of all the current expenses as well as the fixed charges against said District for the fiscal
year beginning October 1,2005,and ending September 30,2006.
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 I"day of September,2005.
C
CALVIN MUNDINGER,Presi
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V NA nterim Assi tant Secretary
APPROVED AS TO FORM:
'ACIO RAMIREZ,S General Counsel
RAKarenTiles\City CounciAMunicipal Development District\Resolutions\2005'Septcmber\Adopt0506Budget.doc