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MDD Resolution No. 122 RESOLUTION NO.122 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAKING A CHANGE IN THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT'S FISCAL YEAR 2008-2009 BUDGET IN ORDER TO REPROGRAM FUNDS TO PROVIDE FUNDING FOR PARKS AND RECREATION PROJECTS AND TO MOVE FUNDS TO CONTINGENCY:MAKING OTHER PROVISIONS RELATED THERETO: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 makes changes in the Baytown Municipal Development District's Fiscal Year 2008-2009 budget to reprogram funds to provide funding for parks and recreation projects and to move funds to Contingency,as more particularly described in Exhibit`A."which is attached hereto 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 aftirmativ ote of the Board of Directors of the Baytown Municipal Development District,this the 6`h da f November,2008. S PI IEN H.DONCARLOS President t-' KAYTJ DARNELL,Assistant Secreta APPROVED AS TO FORM: CRGI&ACIO RAMIREZ.S eneral Counsel �IcobsrvllLega1&arcn+ilcs`,City Council'Nunicipal Development District'Resolutions 2008,Novcutbcr 6'ReproERantmmgfunds4MDD.doc MUNICIPAL DEVELOPMENT DISTRICT BUDGET TRANSFER FY 2008-09 EXHIBIT A Transfer From To Economic Development-Area Development City Hall-Debt Svc$100,000 Contingency$100.000 Contingency$120,900 Unidad Park Trail 49,000 Jenkins Park Bridge 71,900 10/29/2008