5 • REGULARIrving Flood Control District Section #3 (Dallas County)

REVIEW OF THE DISTRICTS INVESTMENT POLICY AND APPROVING RESOLUTION

Presented in: Board of Directors Regular Meeting - September 16, 2024 on 2024-09-16

Official Roll-Call Vote

Restrains Gov't • 2.8/10 Impact Weight

PASSED (5 - 0)

““Motion that Resolution No. 2024-01, stating that the Board of Directors has reviewed the proposed investment policy and investment policy strategies of the District, be passed”

Chris Calvery

Director, Place 3

YES

Anna Areco

Director, Place 4

YES

William Correa

Director, Place 5

YES

Shree Asanare

Director, Place 1

YES

Douglas Stephan

Director, Place 2

YES

Staff Report & Agenda Item Details

NO. 2024-01 Ms. Tyrone reported to the Board. Director Arceo made the following motion: “Motion that Resolution No. 2024-01, stating that the Board of Directors has reviewed the proposed investment policy and investment policy strategies of the District, be passed Director Asanare seconded the motion which was unanimously approved. Mr. Burke reported to the Board. Director Correa made the following motion: “Motion that the President, on behalf of the District, be authorized and hereby directed, to execute an Interlocal Agreement for Consulting, Management, Operation and Maintenance Services Between Irving Flood Control District Section III and Dallas County Utility and Reclamation District.” Director Stephan seconded the motion which was unanimously approved.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.8/10). 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.