Loading...
MDD Resolution No. 75 RESOLUTION NO.75 AW A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT ADOPTING A BUDGET FOR THE Mige-D ENSUING FISCAL YEAR,BEGINNING OCTOBER 1,2006,AND ENDING SEPTEMBER 30,2007;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 1,2006,and ending September 30,2007,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 1,2006,and ending September 30,2007. 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 v of the Board of Directors of the Baytown Municipal Development District this the 3`d day of_ gust,2006. 1 ST 1TE DONCARLOS,President .t L R1 Y,Assistant Secretary APPROVED AS O FORM: //14 4AC IO RAMIREZ,SR.,ral Counsel ink R:\Karen\Files\City Council\Municipal Development District\Resolutions\2006\August\Adopt0007Budget.doc