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MDD Resolution No. 162 RESOLUTION NO. 162 A RESOLUTION OF THE. BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING TUF PRESIDEN`1' TO EXECUTE FHE FIRST AMENDMENT' TO "IHEINTh U.0CAL AGRIEMENT WITH THE CITY OF BAYTOWN FOR THE TEXAS AVENUE St R136'I'SCAPE PROJECT; AUTHORIZING PAYMF,N'T OF AN ADDITIONAL, AMOUNF NOT TO EXCEED ONE HUNDRED THOUSAND AND NO/100 DOLLARS (S100,000.00}; MAKING (TRIER PROVISIONS RELATED TIIERETO; AND PROVIDING FOR IT IF EFFECTIVE DATE TDEREOr= aas+++aras�e�:etarsx>+e.exaxart e.t,sr,t+.eat+x.sr.ssua>ar*+t+e++x»se,t e++.+««a*�rrx+*a.++ BENT RESOLVED BY THE BOARD OF DIRECTORS OF I"NE BAY'FOWN MUNICIPAL DEVELOPMENT DISTRICT: Section I: That the Board of Directors of tire Baytown .Municipal Development District hereby finds that tire expenditures authorized hewin are for improvements,:which satisfy the purposes for' which the tends can be expended pursuant to Chapter 377 of the Texas Local Government Code andtor Section 3888.102 ol'the Special District Local urns Code. All required findings pursuant thereto are hereby declared to have been made and adopted as findings of tire Board of Directors. Sectiott2: Thtrt the Board of'Directors of the I3aytomi Municipal Development District hereby authorizes the President to execute and the Assistant Secretary to attest to the First Amendment to the lnterlocal Agreement with the City:ol'13aytown for the Texas Al,cline Streetscape Project. A copy of said 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 an .additional payment of an amount not to exened ONE HUNDRED'DIOUSAND AND N01100 DOLLARS ($100.000.00) to the City of Ibnytown In accordance with the.amendment referenced in Section 2 hereof. Section 4i This resolution shall take effect immediately from and after its passage by the Board of Directors of Ore Baytown Municipal Development District. INTRODUCED, READ and PASSED by the altiunative \,oi 'ref the Board of Directors of the Baytown Municipal Development Disb'ict,this Ihe;i'a tat oi'Marelp 011. )*L - S1T ,.FIEN Fi. DONG112LOS..Presidem �(jJAf��lf7"I'hS"T: [ ETICIA I3RYSt Ass`istmrt Secretary" APPROVED AS TO FORM: C':irunsel t kv_ Silat 'uC .n�Ill . ct34Dm 11 ni)N i,ll_cilo t..rlM...b'1 IUJ_I' .cas1 ti� eu"nryvlinlc aIXv,.li aoi Exhibit "A" FIRST AMENDMENT TO THE AGREEMENT FOR FUNDING OF THE TEXAS AVENUE STREETSCAPE PROJECT STATE OF TEXAS § COUNTY OF HARRIS § This First Amendment ("First Amendment") to that certain Agreement for Funding of the Texas Avenue Streetscape Project (the "Agreement") by and between the CITY OF BAYTOWN, a municipal corporation located in Harris and Chambers Counties, Texas, (the "City") and the BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT, created under Chapter 377 of the Texas Local Government Code, as amended, (the "Act") and located in Harris County, Texas, (the "District") is made by and between the same parties on the date hereinafter last specified. WTTNESSETH WHEREAS, the City and the District did enter into an Agreement for Funding of the Texas Avenue Streetscape Project on February 3,2011 ("Contract");and WHEREAS,due to the nature of the Texas Avenue Streetscape Project(the"Project"),additional monies will be necessary to see the project through to completion, including material testing services, safety lighting,and construction unknowns,which are likely to be found during and after excavation;and WHEREAS, the City and the District desire to see the Project through to completion and to provide necessary funding for the same; NOW THEREFORE,for and in consideration of the mutual covenants and agreements herein contained,the parties hereto do hereby mutually agree as follows: 1. 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 Contract. 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 FIVE HUNDRED TEN THOUSAND AND N0/100 DOLLARS ($510,000.00). 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 provisions of 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. First Amendment to the Agreement far Funding of the Texas Avenue Streetscape Project,Page 1 IN WITNESS WHEREOF, the parties have made and executed this contract in multiple copies, each of which shall be an original and effective on the_day of March,2011,the date of the execution of the Contract by the City Manager. CITY OF BAYTOWN BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT ROBERT D.LEIPER STEPHEN H.DONCARLOS City Manager President ATTEST: ATTEST: LETICIA BRYSCH LETICIA BRYSCH City Clerk Assistant Secretary APPROVED AS TO FORM: APPROVED AS TO FORM: IGNACIO RAMIREZ,SR. IGNACIO RAMIREZ,SR. City Attorney General Counsel R:\ka=\Files`City Co=Mtunicipal Dewlopment Dist ict\Conttncts\Contmas 2011\FicstAmrndn=t2TewsAvcnucStratscapcFtmd n&Agrament doc First Amendment to the AW&ment for Funding of the Texas Avenue Streetscape Project.Page 2