15 • REGULARFaulkey Gully Municipal Utility District (Harris County)

Consider Attorney’s report. a. Discuss development status of District pursuant to SB 2 (86th Texas Legislature - 2019) and authorize actions deemed necessary; b. Discuss compliance with SB 2 Truth in Taxation requirements and authorize actions deemed necessary; c. Annual review of Investment Policy and Investment Strategies of the District; d. Adopt resolution evidencing review of Investment Policy and Investment Strategies.

Presented in: Board of Directors Meeting - 2020-08-20 on 2020-08-20

Official Roll-Call Vote

Restrains Gov't • 2.6/10 Impact Weight

PASSED (6 - 0)

“Motion to approve item 15: Consider Attorney’s report. a. Discuss development status of District pursuant to SB 2 (86th Texas Legislature - 2019) and authorize actions deemed necessary; b. Discuss compliance with SB 2 Truth in ”

Doug Allen

Director (Place 1)

YES

Michelle Steadman

Director (Place 2)

YES

David Cammack

Director (Place 3)

YES

Mark Szyman

Director (Place 4)

YES

Vernon Mize

Director (Place 5)

YES

J Allen

Board President

YES

Staff Report & Agenda Item Details

Consider Attorney’s report. a. Discuss development status of District pursuant to SB 2 (86th Texas Legislature - 2019) and authorize actions deemed necessary; b. Discuss compliance with SB 2 Truth in Taxation requirements and authorize actions deemed necessary; c. Annual review of Investment Policy and Investment Strategies of the District; d. Adopt resolution evidencing review of Investment Policy and Investment Strategies.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.6/10). 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.