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6 • City Council BusinessCity of Waco (McLennan County)
[2026-015] Consider a resolution (1) approving a Ground Lessor’s Estoppel Certificate, to Fannie Mae (the “Lender”), the lender for Catalyst Urban Development I, LLC (the “Ground Lessee”) regarding Lender’s rights in accordance with the Ground Lease in the Brazos Riverfront Development a.k.a. Brazos Promenade Project between the City and the Ground Lessee; (2) approving a second amendment to the Ground Lease with Ground Lessee to recognize the Lender’s rights under the Ground Lease; and (3) auth
Presented in: City of Waco: 1/20 Regular City Council Meeting on 2026-01-20
Official Roll-Call Vote
Expands Gov't • 2.9/10 Impact Weight
PASSED (6 - 0)
“[2026-015] Consider a resolution (1) approving a Ground Lessor’s Estoppel Certificate, to Fannie Mae (the “Lender”), the lender for Catalyst Urban Development I, LLC (the “Ground Lessee”) regarding Lender’s rights in accordance with the Ground Lease in the Brazos Riverfront Development a.k.a. Brazos Promenade Project between the City and the Ground Lessee; (2) approving a second amendment to the Ground Lease with Ground Lessee to recognize the Lender’s rights under the Ground Lease; and (3) auth”
JH
Jim Holmes
Mayor (At-Large)
YES
AJ
Andrea J. Barefield
Councilmember, District 1 (District 1)
YES
IL
Isabel Lozano
Councilmember, District 2 (District 2)
YES
JC
Jed Cole
Councilmember, District 3 (District 3)
YES
DE
Darius Ewing
Councilmember, District 4 (District 4)
YES
GC
George Chase
Councilmember, District 5 (District 5)
YES
Staff Report & Agenda Item Details
Waco City Council Item 6: Consider a resolution (1) approving a Ground Lessor’s Estoppel Certificate, to Fannie Mae (the “Lender”), the lender for Catalyst Urban Development I, LLC (the “Ground Lessee”) regarding Lender’s righ
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.9/10). 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).