Discuss and consider approval of a resolution authorizing proceeding with issuance of Certificates of Obligations and further directing the publication of Notice of Intention to issue City of New Braunfels, Texas Combination Tax and Revenue Certificates of Obligation, Series 2026.
Official Roll-Call Vote
Staff Report & Agenda Item Details
Mayor French read the aforementioned item. Jared Werner presented this item to council using a powerpoint presentation and answered questions. The following spoke at this time: David Warmke, Tiffany Kelly, Angela Keller, Richard Kelshimer, Councilmember Edwards motioned to approve this item. Councilmember Labowski seconded the motion which passed unanimously.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 9.2/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).