12 • Action ItemsCity of Saginaw (Tarrant County)

Consideration and Action regarding approval of Ordinance No. 2020-10, authorizing the issuance and sale of City of Saginaw, Texas General Obligation Refunding Bond, Series 2020; levying an annual ad valorem tax and providing for the security for and payment of said bond; providing an effective date; and enacting other provisions relating to the subject

Presented in: City of Saginaw City Council on 2020-05-19

Official Roll-Call Vote

Restrains Gov't • 9.3/10 Impact Weight

PASSED (7 - 0)

“Motion to approve Consideration and Action regarding approval of Ordinance No. 2020-10, authorizing the issuance and sale of City of Saginaw, Texas General Obligation Refunding Bond, Series 2020; levying an annual ad v”

Todd Flippo

Mayor (At-Large)

YES

Paul Felegy

Councilmember, Place 1 (Place 1)

YES

Nicky Lawson

Councilmember, Place 2 (Place 2)

YES

Valerie Junkersfeld

Councilmember, Place 3 (Place 3)

YES

Brack St. Clair

Councilmember, Place 4 (Place 4)

YES

Shawn Morrison

Councilmember, Place 5 (Place 5)

YES

Mary Copeland

Councilmember, Place 6 (Place 6)

YES

Staff Report & Agenda Item Details

Consideration and Action regarding approval of Ordinance No. 2020-10, authorizing the issuance and sale of City of Saginaw, Texas General Obligation Refunding Bond, Series 2020; levying an annual ad valorem tax and providing for the security for and payment of said bond; providing an effective date; and enacting other provisions relating to the subject (Presenter: Kim Quin, Finance Director)

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 9.3/10). 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.