CC Resolution No. 2732A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
APPROVING HARRIS COUNTY MUNICIPAL UTILITY DISTRICT NO. 47TS
ISSUANCE OF THREE MILLION ONE HUNDRED TWENTY THOUSAND AND
NOI100 DOLLARS ($3,120,000.00) UNLIMITED TAX ROAD BONDS, SERIES 2021,
AS MEETING THE REQUIREMENTS OF SECTION 98-703(17) OF THE CODE OF
ORDINANCES, BAYTOWN, TEXAS, FOR ROAD FACILITIES AS AUTHORIZED
PURSUANT TO RESOLUTION NO. 2508 PASSED BY THE CITY COUNCIL ON
JANUARY 11, 2018; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
***************************************************************************************
WHEREAS, Harris County Municipal Utility District No. 473 ("MUD 473") has submitted a
copy of the following to the City for review:
1. MDD 473's proposed bond order,
2. MUD 473's proposed preliminary official statement, bid form and notice of sale, and
3. MUD 473's pro forma cash flow analysis;
and
WHEREAS, the City staff reviewed the information submitted and has determined that the
criteria contained in Section 98-703(17) of the Code of Ordinances, Baytown, Texas, have been satisfied
by MUD 473 for road facilities as authorized pursuant to Resolution No. 2508; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the City Council of the City of Baytown, Texas, hereby approves Harris
County Municipal Utility District No. 473's issuance of THREE MILLION ONE HUNDRED TWENTY
THOUSAND AND NO!100 DOLLARS ($3,120,000.00) Unlimited Tax Road Bonds, Series 2021, as
meeting the requirements of Section 98-703(17) of the Code of Ordinances, Baytown, Texas, for road
facilities as authorized pursuant to Resolution No. 2508 passed by the City Council on January 11, 2018.
Section 2: This resolution shall take effect immediately from and after its passage by the City
Council of the City of Baytown.
INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of
Baytown this the 10' day of June, 2021.
7 -
ON CAPETILL , Mayor
ATTEST:
Ch
KAREN L. HORNER, City Attorney
RAKaren HomeAWcuments\Files.City CouncihResolutions\2021Uune 10WpprovingMUD473Bonds.doc