MDD Resolution No. 74 RESOLU LION NO.24
A RESOLUTION OF THE BOARD Of'DIRECTORS Ot'TINE BAYTOWtN
MUNICIPAL DEVELOPMENT DISI RICT CHANGING TIE'2005-2006 FISCAL
YEAR BUDGET OF FHE B,AYTOW N MUNICIPAL DEVELOPMEN I'DISTRICT
TO PROVIDE FUNDING FOR A ONE HUNDRED FORTY THOUSAND AND
NO/100 DOLLARS(5140.000.00)LOCAL WtATCH I=OR A.S"EVEN HUNDRED
THOUSAND AND NO/100 DOLLARS(S-00,700.00)FEDERALLY FUNDED
GRANT ADMINISTERED I HROti GH rHE TEXAS DEPARTMENT OF
TRANSPORTATION FOR THE DOWNTOWN MASTER PLAN(STREETSCAPE
PROJECT),AND PROVIDING FOR:THE EFFECTIVE DATE TII.ERCOF.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF FIE BAYTOWN
MUNICIPAL DEVELOPMEN`I`DED RICT:
Section I:That the Board oFDircators of flee:Baytown Municipal Development Dfhlict
herehy chang,the 2005 2006 fiscal seat hudgsh of the Baytown Municipal Development District to
pmvidc fandine fit a ONE HUNDRED FORTY THOUSAND AND NOJ100 DOLLARS
(S140,000.00)local Match far a SEVEN HUNDRED THOUSAND:AND NO/100 DOLLARS
(S7e0,000.00)Rdeially funded grant administered through the Texas.Deparmrent of Transporlanon
fur the Doe ntawn Nisster l'Can fSn'crt�caFo-Prpjeci)A.copy or ilia clraiaae fs attached hereto as
Exhibit"A"and mcorpotand herein for all intents acid purposes.
Sertion 2 This r 1sohniari aha11 6ahe effect iivnnediaicty from and rfter it.,pa'-go by the
Board of DiruCtors of the Baytown Nfimicspal Davelopntent.Distflet.
INTRODUCED,READ,and PASSED 6y the tffirmtan e vote of the Board(,('Directors of
the Biytaen Municipal Development District this the$°r clay ofJuly,2006,
SSEPtl E;N,,ft DONCA.RLO President
(°L
LTOR i C,�k)by,W sistanl Secretary
APPROVED'i.S TO FORM:
tt'.'ACIO It 1&EX SR.,re eral C'ovnset
Municipal Development District(215)
Summary of Budget Adjustments
2005-06 Contingency Account S 456.067
2005-06 Budget adjustment-Allocation for Texas Avenue Streetscape Project Matching Funds(140,000)
2005-06 Revised Contingency Account$316,067
2005-06 Texas Avenue Streetscape Project Matching Funds S-
2005-06 Budget adjustment-Allocation for Texas Avenue Streetscape Project Matching Funds 140,000
2005-06 Revised Texas Avenue Streetscape Project Matching Funds$140,000
EXHIBIT A