Four • AGENDA_ITEMRed River Authority of Texas (Wichita County)

Consider Authorizing the Advertisement for Request for Proposals to Serve as the Primary Depository for the Red River Authority of Texas and Maintain Custody of its Funds for a Period of Three Years from October 1, 2020 through September 30, 2023 and Take Any Other Action Deemed Necessary Mr. Whitem

Presented in: Board of Directors Meeting - August 12, 2020 on 2020-08-12

Official Roll-Call Vote

Restrains Gov't • 2.7/10 Impact Weight

PASSED (9 - 0)

“Motion to approve Item Four: Consider Authorizing the Advertisement for Request for Proposals to Serve as the Primary Depository for the Red River Authority of Texas and Maintain Custody of its Funds for a Period of Three Years from October 1, 2020 through September 30, 2023 and Take Any Other Action Deemed Necessary Mr. Whitem”

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

an explained that the Red River Authority of Texas solicits for depository services for a three-year period. He added that only Texas banks with a local branch are solicited. With no discussion, Mr. Ward made a motion to authorize the advertisement for a Request for Proposals to serve as the primary depository for the Red River Authority of Texas and ma intain custody of its funds for a period of three years from October 1, 2020 through September 30, 2023. Mr. Scaling seconded his motion and the motion passed with a vote of 8 For and 0 Against. DocuSign Envelope ID: CAA40288-C759-497E-BBBE-17F7A7AC1A8E Board of Directors August 12 2020 Red River Authority of Texas Special Called Conference C

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.7/10). 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.