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MDD Resolution No. 145 RESOLUTION NO. 145 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE PRESIDENT TO EXECUrE THE FIRST AMENDMENT TO THE IN-TERLOCAL AGREEMENT WITH FIFE CITY OF BAY'FOWN FOR FUNDING OF THE NORTH MAIN/ALEXANDER TRAFFIC :SIGNAL SYNCHRONIZATION PROJECT; AUTHORIZING PAYMENT OF AN ADDITIONAL AMOUNT NOT TO EXCEED ONE HUNDRED TIIIRTY-FIVE THOUSAND SIX HUNDRED SIXTY-SIX AND 38/I00 DOLLARS ($135,666.38)); MAKING OTHER PROVISIONS RELATED THERETO; AND PROVIDING I OR 'THE EFFECTIVE.DATETHEREOF. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT: Section L That the Board of .Directors of the Baytown Municipal Development District hereby finds that the expenditures authorized herein are for improvements, which satisfy the purposes for which the funds call be expended pursuant to Chapter 377 of the Texas Local Government Code and/or Section 3888.102 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 Directors. Section 2: That the: Board of Director of the Baytown Municipal Development District hereby authorizes the President to execute the First Amendment to the lnterlocal Agreement With the City of.Barytown for Funding of the North Main/Alexander Traffe Signal Synchronization Project. A copy of said first amendment is attached hereto as Exhibit "A;" and incorporated herein for all intents and purposes. Section 3: That the Board of Directors of the Baytown Municipal Development District hereby authorizes the payment of all additional amount not to exceed ONE HUNDRED "THIRTY-FIVE THOUSAND SIX HUNDRED SIXTY-SIX AND 38/100 DOLLARS ($135,666.38) to the City of Baytown in accordance with the amendment referenced in Section licreof, Section 4: This resolution shall take effect immediately from and after its passage by the Board of Directors of the Baytown Municipal Development District. INTRODUCED, READ and PASSED by the affirmative ate of the Board of Directors of the Bay town Municipal Development District, this the 6°1 day of May 01it. tisS� 4DEyt/��///y -_-__ -_ r$ ma S :PHE H. DONCA RLOS, resider[ — o 0 LE . ssistar t Secretary APPROVED AS TO. FORM: ACIO ItAMIRt37, S[2 Ger er. t Counsel a e,rtesACily I%Wlml pal.D lopiwm U,tmiR rr 1,210M_15r I All edcaJyil rCofjcUae. Exhibit "A" FIRST AMENDMENT TO THE AGREEMENT FOR FUNDING OF THE NORTH MAIN/ALEXANDER TRAFFIC SIGNAL SYNCHRONIZATION PROJECT STATE OF TEXAS § COUNTY OF HARRIS § This First Amendment to the Agreement for Funding of the North Main/Alexander Traffic Signal Synchronization Project (hereinafter referred to as the "First Amendment") is made this _ day of May, 2010, by and among the BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT, a political subdivision of the state and the City of Baytown located in Harris County, Texas, hereinafter called the "District," and the CITY OF BAYTOWN, a home-rule municipal corporation located in Harris and Chambers Counties, Texas, hereinafter called the"City." WHEREAS, the District and the City entered into Agreement for Funding of the North Main/Alexander Traffic Signal Synchronization Project on the I Sth day of April,2008 (the"Agreement');and WHEREAS, thereafter, the City entered into an advanced funding agreement with the State, which, through the Texas Transportation Commission, awarded funding for the North Main/Alexander Traffic Signal Synchronization Project (the"Project")as part of its Statewide Mobility Program; and WHEREAS, under the state contract, the City is responsible for 20% of the project cost including all overruns, which was estimated to be ONE MILLION AND NO/100 DOLLARS ($1,000,000.00)in 2008; and WHEREAS, the City was recently notified that its share of the Project costs is now THREE HUNDRED THIRTY-FIVE THOUSAND SIX HUNDRED SIXTY-SIX AND 38/100 DOLLARS ($335,666.38), instead of TWO HUNDRED THOUSAND AND NO/100 DOLLARS ($200,000.00);and WHEREAS,the District remains supportive of this Project and desires to provide additional funding therefor under the terms and conditions stipulated herein; NOW, THEREFORE, in consideration of the foregoing and in consideration of the mutual promises, covenants and agreements herein contained, which consideration is hereby acknowledged and received as good and valuable consideration, and the parties agree hereto as follows: I. Definitions. Unless a different meaning clearly appears from the context, words and phrases as used in this First Amendment shall have the same meanings as in the Agreement. First Amendment to the Agreement for Funding of the North Main/Alexander Traffic Signal Synchronization Project,Page I 2. Amendment. Section 5 "Funds to be provided by the District" of the Agreement shall be amended to read as follows: Section 5. Funds to be provided by the District. For and in consideration of the services to be provided by the City in furtherance of this Agreement, the District shall tender funds to the City in an amount not to exceed THREE HUNDRED THIRTY-FIVE THOUSAND SIX HUNDRED SIXTY-SIX AND 38/100 DOLLARS ($335,666.38). All payments required to be made herein shall be payable on or before 30 days after the District receives an invoice therefor from the City. 3. Entire Agreement. The provisions of this First Amendment and the Agreement should be read together and construed as one agreement provided that, in the event of any conflict or inconsistency between the provisions of this First Amendment and the provisions of the Agreement, the provisions of this First Amendment shall control. Nothing contained in this First Amendment or in the Agreement shall be construed in any way to limit or to waive the City's sovereign immunity. 4. Ambiguities. In the event of any ambiguity in any of the terms of this First Amendment, it shall not be construed for or against any party hereto on the basis that such party did or did not author the same. 5. Agreement Read. The parties acknowledge that they have read, understand and intend to be bound by the terms and conditions of this First Amendment. IN WITNESS WHEREOF, the parties hereto have executed this First Amendment in multiple copies, each of which shall be deemed to be an original, but all of which shall constitute but one and the same agreement on the_day of May, 2010, the date of execution by the City Manager of the City of Baytown. BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT GARRISON C. BRUMBACK,General Manager ATTEST: LETICIA GARZA,Assistant Secretary APPROVED AS TO FORM: IGNACIO RAMIREZ,SR.,General Counsel First Amendment to the Agreement for Funding of the North Main/Alexander Traffic Signal Synchronization Project, Page 2 CITY OF BAYTOWN GARRISON C. BRUMBACK,City Manager ATTEST: LETICIA GARZA, City Clerk APPROVED AS TO FORM: IGNACIO RAMIREZ, SR.,City Attorney R\KiftnV�ile$CityCouncil\.%lunicipal Dcvdapmcm DisirictTontraCUTUntmcts 20101FirstAmendmenl2Nonh?6WnAlexmderTraT3cSign3listtionRoject.doe First Amendment to the Agreement for Funding of the North Main/Alexander Traffic Signal Synchronization Proicct.Page 3