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7 • FINANCIALSouth Texas Water Authority (Kleberg County)

Consideration and Approval of a Resolution authorizing the Issuance, Sale, and Delive1y

Presented in: Board of Directors Special Meeting - January 07, 2025 on 2025-01-07
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 2.9/10 Impact Weight
PASSED (10 - 0)
“Motion to approve Consideration and Approval of a Resolution authorizing the Issuance, Sale, and Delive1y”
BB
Brandon Barrera
President
YES
JM
YES
IG
Imelda Garza
Secretary/Treasurer
YES
FG
Frances Garcia
Vice-President
YES
AN
YES
JM
Joe Morales
Director, Place 3
YES
DM
Daniel Morales
Director, Place 4
YES
AR
Arturo Rodriguez
Director, Place 5
YES
PA
Patsy A. Rodgers
Director, Place 1
YES
TL
Tanya Lawhon
Director, Place 2
YES

Staff Report & Agenda Item Details

Consideration and Approval of a Resolution authorizing the Issuance, Sale, and Delive1y of South Texas Water Authority Contract Revenue Bonds (Ricardo Water Supply C01:poration), Taxable Series 2025, and approving and authorizing Instrnments and Procedures related thereto. Ms. Garza made a motion to approve a Resolution authorizing the Issuance, Sale, and Delivety of South Texas Water Authority Contract Revenue Bonds (Ricardo Water Supply Corporation), Taxable Series 2025, and approving and authorizing Instruments and Procedures related thereto. Ms. Garcia seconded the motion. By a show of hands, all directors voted in favor.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.9/10). 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.