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6 • Action ItemsCity of Saginaw (Tarrant County)
Consideration and Action regarding Authorization for City Staff and Consultants to proceed with privately placing General Obligation Refunding Bonds, Series 2019 via Competitive Bidding Process for the Purpose of achieving Annual Debt Service Savings so long as Certain Savings Thresholds can be met
Presented in: City of Saginaw City Council on 2019-10-01
Official Roll-Call Vote
Restrains Gov't • 8.7/10 Impact Weight
PASSED (7 - 0)
“Motion to approve Consideration and Action regarding Authorization for City Staff and Consultants to proceed with privately placing General Obligation Refunding Bonds, Series 2019 via Competitive Bidding Process for th”
TF
Todd Flippo
Mayor (At-Large)
YES
PF
Paul Felegy
Councilmember, Place 1 (Place 1)
YES
NL
Nicky Lawson
Councilmember, Place 2 (Place 2)
YES
VJ
Valerie Junkersfeld
Councilmember, Place 3 (Place 3)
YES
BS
Brack St. Clair
Councilmember, Place 4 (Place 4)
YES
SM
Shawn Morrison
Councilmember, Place 5 (Place 5)
YES
MC
Mary Copeland
Councilmember, Place 6 (Place 6)
YES
Staff Report & Agenda Item Details
Consideration and Action regarding Authorization for City Staff and Consultants to proceed with privately placing General Obligation Refunding Bonds, Series 2019 via Competitive Bidding Process for the Purpose of achieving Annual Debt Service Savings so long as Certain Savings Thresholds can be met (Presenter: Kim Quin, Finance Director)
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.7/10). 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.