14 • Action ItemsCity of Saginaw (Tarrant County)

Consideration and Action on an ordinance authorizing the issuance and sale of the City of Saginaw, Texas General Obligation Bonds, Series 2022; levying an annual ad valorem tax and providing for the security for and payment of said bonds; approving the official statement; providing an effective date; and provisions relating to the subject (Ordinance No. 2022-06)

Presented in: City of Saginaw City Council on 2022-05-17

Official Roll-Call Vote

Expands Gov't • 8.4/10 Impact Weight

PASSED (7 - 0)

“Motion to approve Consideration and Action on an ordinance authorizing the issuance and sale of the City of Saginaw, Texas General Obligation Bonds, Series 2022; levying an annual ad valorem tax and providing for the s”

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 on an ordinance authorizing the issuance and sale of the City of Saginaw, Texas General Obligation Bonds, Series 2022; levying an annual ad valorem tax and providing for the security for and payment of said bonds; approving the official statement; providing an effective date; and provisions relating to the subject (Ordinance No. 2022-06) (Presenter: Kim Quin, Finance Director)

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.4/10). 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).