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XIV • Action ItemsCOMMERCE ISD (Hunt County)

Consider Approval to Change Signatory Rights on Signature Cards for Financial Institutions; Guaranty Bond Bank, Chase Bank, Lone Star Investment Pool and Texpool to Mr. Steve Drummond, Superintendent, Mrs. Barbara Peden, Finance Director and Mr. Mike Pope, Human Resource Director effective December 15, 2025

Presented in: COMMERCE ISD Board of Trustees Regular Meeting on 2025-12-15
Meeting Agenda PDF

Official Roll-Call Vote

Expands Gov't • 8.8/10 Impact Weight
PASSED (7 - 0)
“Action on Consider Approval to Change Signatory Rights on Signature Cards for Financial Institutions; Guaranty Bond Bank, Chase Bank, Lone Star Investment Pool and Texpool to Mr. Steve Drummond, Superintendent,”
TP
Tamara Pickard-Beadles
Trustee, Place 5 (Place 5)
YES
WP
Wayne Pierce
Trustee, Place 6 (Place 6)
YES
AR
Ann Reel
Trustee, Place 7 (Place 7)
YES
KH
Kathleen Hooten
Trustee, Place 1 (Place 1)
YES
DR
Dr Ray Green
Trustee, Place 2 (Place 2)
YES
DL
Dr Lavelle Hendricks
Trustee, Place 3 (Place 3)
YES
KJ
Kristal Jackson
Trustee, Place 4 (Place 4)
YES

Staff Report & Agenda Item Details

XIV. Consider Approval to Change Signatory Rights on Signature Cards for Financial Institutions; Guaranty Bond Bank, Chase Bank, Lone Star Investment Pool and Texpool to Mr. Steve Drummond, Superintendent, Mrs. Barbara Peden, Finance Director and Mr. Mike Pope, Human Resource Director effective December 15, 2025

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.8/10). 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).