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6 • City Council BusinessCity of Waco (McLennan County)
[2026-433] Consider a resolution approving a tax exempt financing by the Mission Economic Development Corporation, pursuant to Section 147(f) of the Internal Revenue Code of 1986, in an amount not to exceed $145,548,078.00, for the benefit of Graphic Packaging International, LLC, for the purpose of financing a recycled paperboard manufacturing facility currently under construction at 301 Sheehy Parkway, Waco, Texas, 76712, and authorizing the City Manager, or designee, to execute any documents i
Presented in: City of Waco: 8/4 Regular City Council Meeting on 2026-08-04
Official Roll-Call Vote
Expands Gov't • 2.1/10 Impact Weight
PASSED (6 - 0)
“[2026-433] Consider a resolution approving a tax exempt financing by the Mission Economic Development Corporation, pursuant to Section 147(f) of the Internal Revenue Code of 1986, in an amount not to exceed $145,548,078.00, for the benefit of Graphic Packaging International, LLC, for the purpose of financing a recycled paperboard manufacturing facility currently under construction at 301 Sheehy Parkway, Waco, Texas, 76712, and authorizing the City Manager, or designee, to execute any documents i”
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 approving a tax exempt financing by the Mission Economic Development Corporation, pursuant to Section 147(f) of the Internal Revenue Code of 1986, in an amount not to exceed $145
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.1/10). 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).