Loading...
MDD Resolution No. 149 RESOLUTION NO. 149 A RESOLUTION OF THE BOARD Of DIRECTORS 01: l'HE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT GRANTING THE REQUEST OF GOOSE CREEK 111 1, LLC, TO FUND A GRANT OF UP TO FORTY-TWO THOUSAND AND NO/100 DOLLARS ($42,000.00) FOR THE INSTALLATION OF A SPRINKLER SYSTEM IN A BUILDING AT 700 W. TEXAS AVENUE TO SUPPORT A DOWNTOWN REVITALIZATION DEVELOPMENT PROJECT: AND PROVIDING TOR THE EFFECFIVF DATE HEREOF. BE I1 RESOLVE]) BY 'THH BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT:. Section l`. That the Board of Directors of the Baytown Municipal Development District hereby fords that the"expenhurics authorized herein are for improvements, which satisfy the purposes for which the funds can be expended pursuant to Chapter 377 of the Texas Local Government Code and/or Section 3$$8102 of the :Special District Local Laws Code. All required findings pursuant thereto:are hereby declared to have been made and adopted as findings of the Board of Direetors. Section2: That the Board of Directors of the Baytown Municipal Development District hereby pants the request of Goose Creek IH 1. LLC, to fund a gram of up to FORTY-TWO THOUSAND AND NO/100 DOLLARS ($42,000.00) for the installation of o sprinkler system in a building at 700 W.Texas Avenue to support a downtown revitalization development project. The monies under this glint shall be paid on a nebobursable basis after passage of the final inspection of the sprinkler system and the submission of proof of payment for the"same. Section 3: This resolution shall lake effect immediately From and after its passage by the Board of Directors of the Baytown Municipal Development District. INTRODUCED,..READ, and :PASSED by the affirmative vote Uv?lie Board of'Dh-ectors-of fire Baytown Municipal Development District this the$°i day of August,20 ``vxvsssp40EVL{�O STEP. Er NCARLOS,Presided A I'"FE �.. 4✓F�3. z o_ — mom vc t M ' y st l tSecretary /z�rll/ryH011u i\ 1sOxx APPROVED AS TO FORNL V1C10 RAMIRI I SR Gene a Counsel IY Lean l idsAC L. C m.C'mi .cip.l DudI ry nm t mnRisnWro s 010 1 dLut.Dl tip 1 Gfe 1a ,