Seven • AGENDA_ITEMRed River Authority of Texas (Wichita County)

Consider Approval of Resolution #2022-003 Authorizing the Purchase of Insurance in Compliance with the Texas Water Code Section §49.055(c), and Take Any Other Action Deemed Necessary. Mr. Whiteman explained that the Texas Water Code §49.055(c) requires the Authority to obtain either a surety or insu

Presented in: Board of Directors Meeting - January 19, 2022 on 2022-01-19

Official Roll-Call Vote

Expands Gov't • 2.9/10 Impact Weight

PASSED (9 - 0)

“Motion to approve Item Seven: Consider Approval of Resolution #2022-003 Authorizing the Purchase of Insurance in Compliance with the Texas Water Code Section §49.055(c), and Take Any Other Action Deemed Necessary. Mr. Whiteman explained that the Texas Water Code §49.055(c) requires the Authority to obtain either a surety or insu”

Jerry Daniels

Board President

YES

Michael Sandefur

Director, Place 1 (Place 1)

YES

Stephen Thornhill

Director, Place 2 (Place 2)

YES

Jerry Dan Davis

Director, Place 3 (Place 3)

YES

Jerry Bob Daniel

Director, Place 4 (Place 4)

YES

Joe Ward

Director, Place 5 (Place 5)

YES

Mary Lou Bradley

Director, Place 6 (Place 6)

YES

Tonya Detten

Director, Place 7 (Place 7)

YES

Conrad Masterson, Jr.

Director, Place 8 (Place 8)

YES

Staff Report & Agenda Item Details

rance to safeguard the Authority for claims of theft by its officers, employees, or consultants of the Authority. He stated that for y ears it was believed that the Texas Municipal League Intergovernmental Risk Pool (TMLIRP) bond provisions met this requirement. Mr. Whiteman explained further that after extensive research, TMLIRP only covers amounts that exceed statutory requirements. Mr. Whiteman added that he was not sure if previous administration knew this and were considering the Authority self -funded for the first $10,000, but since the requirement is statutory, it is recommended that the Authority acquire the necessary bonds. With no discussion, Mr. Davis made a motion to approve Res

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.9/10). 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).