An order by the Board of Trustees of the New Waverly Independent School District Authorizing the Issuance of "New Waverly Independent School District Unlimited Tax School Building Bonds, Series 2026"; Levying a Continuing Direct Annual Ad Valorem Tax for the Payment of the Bonds; prescribing the Form Terms, Conditions and Resolving Other Matters Incident and Related to the Issuance, Sale, and Deli

Staff Report & Agenda Item Details

An order by the Board of Trustees of the New Waverly Independent School District Authorizing the Issuance of "New Waverly Independent School District Unlimited Tax School Building Bonds, Series 2026"; Levying a Continuing Direct Annual Ad Valorem Tax for the Payment of the Bonds; prescribing the Form Terms, Conditions and Resolving Other Matters Incident and Related to the Issuance, Sale, and Delivery of the Bonds, Including the Approval and Distribution of an Official Statement Pertaining Thereto; Authorizing the Execution of a Paying Agent/Registrar Agreement, and a Purchase Contract; Complying with the Letter of Representations on File With the Depository Trust Company; Delegating the Authority to Certain members of the Board of Trustees and District Staff to Execute Certain Documents Relating to the Sale of the Bonds; and Providing an Effective Date

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 9.1/10). 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).