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10.j • Regular AgendaPort of Corpus Christi Authority (Nueces County)

Approve a Resolution authorizing the reclassification of $60,000,000 in cash as restricted assets. CM - Resolution to Establish 2015 Bond Repayment Fund November 16 2021.pdf Resolution to Establish 2015 Bond Repayment Fund - Commission Nov 16 2021.pdf

Presented in: Port Commission - November 16, 2021 on 2021-11-16
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 8.9/10 Impact Weight
PASSED (8 - 0)
“Motion to approve Approve a Resolution authorizing the reclassification of $60,000,000 in cash as restricted assets. CM - Resolution to Establish 2015 Bond Repayment Fund November 16 2021.pdf Resolution to Establish 20”
RB
Ruben Bonilla
Board President
YES
WH
Wes Hoskins
Commissioner, Place 1 (Place 1)
YES
MP
Michael Pedrotti
Commissioner, Place 2 (Place 2)
YES
DG
Diane Gonzalez
Commissioner, Place 3 (Place 3)
YES
GG
Gabriel Guerra
Commissioner, Place 4 (Place 4)
YES
DE
David Engel
Commissioner, Place 5 (Place 5)
YES
TL
Tony LaMantia
Commissioner, Place 6 (Place 6)
YES
RA
Rajan Ahuja
Commissioner, Place 7 (Place 7)
YES

Staff Report & Agenda Item Details

Approve a Resolution authorizing the reclassification of $60,000,000 in cash as restricted assets. CM - Resolution to Establish 2015 Bond Repayment Fund November 16 2021.pdf Resolution to Establish 2015 Bond Repayment Fund - Commission Nov 16 2021.pdf

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.9/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.