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2024-351 • Regular AgendaCity of Alvarado (Johnson County)
Consideration and action to approve the Bank Proposal, Bank Depository Agreement, and Collateral Security Agreement with First Financial Bank and authorizing the City Manager to execute any documents in connection therewith. (Cox)
Presented in: City of Alvarado City Council - November 18, 2024 on 2024-11-18
Official Roll-Call Vote
Restrains Gov't • 4.9/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Consideration and action to approve the Bank Proposal, Bank Depository Agreement, and Collateral Security Agreement with First Financial Bank and authorizing the City Manager to execute any documents ”
JW
Jacob Wheat
Mayor
YES
Staff Report & Agenda Item Details
Consideration and action to approve the Bank Proposal, Bank Depository Agreement, and Collateral Security Agreement with First Financial Bank and authorizing the City Manager to execute any documents in connection therewith. (Cox)
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.9/10). 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.