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26.2 • Regular AgendaPort of Corpus Christi Authority (Nueces County)
PCCA may request that the amount of the Bonds be increased to cover the full value of authorized work. Should PCCA do this, PCCA will pay to Contractor a mutually agreed upon amount to offset a portion of the cost incurred by Contractor in obtaining this increased coverage. Section 27. Insurance.
Presented in: Port Commission - August 16, 2016 on 2016-08-16
Official Roll-Call Vote
Restrains Gov't • 8.6/10 Impact Weight
PASSED (8 - 0)
“Motion to approve PCCA may request that the amount of the Bonds be increased to cover the full value of authorized work. Should PCCA do this, PCCA will pay to Contractor a mutually agreed upon amount to offset a porti”
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
PCCA may request that the amount of the Bonds be increased to cover the full value of authorized work. Should PCCA do this, PCCA will pay to Contractor a mutually agreed upon amount to offset a portion of the cost incurred by Contractor in obtaining this increased coverage. Section 27. Insurance.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.6/10). 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.