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8 • City Council BusinessCity of Waco (McLennan County)
[2026-502] Consider a resolution approving an economic development agreement with Bawa Venture LLC (the “Company”) for a grant amount not to exceed $100,000.00 from Tax Increment Financing Zone No. 4 Funds allocated to the South Martin Luther King Jr. Boulevard Business Recovery Grant Program via Resolution No. 2026-343 on June 2, 2026, to preserve employment, maintain commercial occupancy, protect the City’s tax base and prevent corridor decline and blight and releasing the City from any claims
Presented in: City of Waco: Regular City Council Meeting on 2026-08-18
Official Roll-Call Vote
Expands Gov't • 7.5/10 Impact Weight
PASSED (6 - 0)
“[2026-502] Consider a resolution approving an economic development agreement with Bawa Venture LLC (the “Company”) for a grant amount not to exceed $100,000.00 from Tax Increment Financing Zone No. 4 Funds allocated to the South Martin Luther King Jr. Boulevard Business Recovery Grant Program via Resolution No. 2026-343 on June 2, 2026, to preserve employment, maintain commercial occupancy, protect the City’s tax base and prevent corridor decline and blight and releasing the City from any claims”
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 8: Consider a resolution approving an economic development agreement with Bawa Venture LLC (the “Company”) for a grant amount not to exceed $100,000.00 from Tax Increment Financing Zone No. 4 Funds alloc
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).