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4 • City Council BusinessCity of Waco (McLennan County)
[2026-061] Consider a resolution (1) approving an Amended and Restated Master Development Agreement and an Amended and Restated Economic Development Agreement (for Tax Increment Funding (“TIF“)) with Floyd Casey - One, LLC, developer of the former Floyd Casey Stadium site, which, among other items, provide for: (a) elimination of the $4.0M Infrastructure Grant; (b) increase in the Docusign Envelope ID: 9C237D21-9083-4BA8-9FEB-53D993316DF1 City Council Agenda February 3, 2026 cap on TIF funding t
Presented in: City of Waco: 2/3 Regular City Council Meeting on 2026-02-03
Official Roll-Call Vote
Expands Gov't • 7.5/10 Impact Weight
PASSED (6 - 0)
“[2026-061] Consider a resolution (1) approving an Amended and Restated Master Development Agreement and an Amended and Restated Economic Development Agreement (for Tax Increment Funding (“TIF“)) with Floyd Casey - One, LLC, developer of the former Floyd Casey Stadium site, which, among other items, provide for: (a) elimination of the $4.0M Infrastructure Grant; (b) increase in the Docusign Envelope ID: 9C237D21-9083-4BA8-9FEB-53D993316DF1 City Council Agenda February 3, 2026 cap on TIF funding t”
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 4: Consider a resolution (1) approving an Amended and Restated Master Development Agreement and an Amended and Restated Economic Development Agreement (for Tax Increment Funding (“TIF“)) with Floyd Casey
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.5/10). 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).