Consideration and approval of an order by the board of trustees of the Merkel Independent School District authorizing the issuance of "Merkel 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 is

Staff Report & Agenda Item Details

5.A. Consideration and approval of an order by the board of trustees of the Merkel Independent School District authorizing the issuance of "Merkel 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 an official bid form; authorizing the execution of any necessary engagement agreements with the district's financial advisors and/or bond counsel; complying with the letter of representations on file with the depository trust company; and providing an effective date

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.4/10). 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).