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5 • City Council BusinessCity of Waco (McLennan County)
[2026-062] Consider a resolution (1) ratifying a third amendment to the Ground Lease for Phase II of the Brazos Riverfront Development a.k.a. Brazos Promenade Project (the "Ground Lease") between the City and Catalyst Urban Development II, LLC (the “Ground Lessee”) regarding the rights of Fannie Mae (the "Lender") in accordance with the Ground Lease; and (2) authorizing the City Manager, or designee, to execute any documents in connection therewith. (District 2)
Presented in: City of Waco: 2/3 Regular City Council Meeting on 2026-02-03
Official Roll-Call Vote
Restrains Gov't • 2.2/10 Impact Weight
PASSED (6 - 0)
“[2026-062] Consider a resolution (1) ratifying a third amendment to the Ground Lease for Phase II of the Brazos Riverfront Development a.k.a. Brazos Promenade Project (the "Ground Lease") between the City and Catalyst Urban Development II, LLC (the “Ground Lessee”) regarding the rights of Fannie Mae (the "Lender") in accordance with the Ground Lease; and (2) authorizing the City Manager, or designee, to execute any documents in connection therewith. (District 2)”
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 5: Consider a resolution (1) ratifying a third amendment to the Ground Lease for Phase II of the Brazos Riverfront Development a.k.a. Brazos Promenade Project (the "Ground Lease") between the City and Ca
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.2/10). 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.