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5 • GENERALNocona Hospital District (Montague County)

Action on authorize the CEO to establish a line of credit with Legend ...

Presented in: Board of Directors Meeting - March 25, 2025 on 2025-03-25
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 2.4/10 Impact Weight
PASSED (5 - 0)
“Motion by Kenneth Koontz to authorize the CEO to establish a line of credit with Legend Bank, leaving the credit limit to his discretion, and Paula Webb seconded.”
KK
Kenneth Koontz
Director, Place 1 (Place 1)
YES
KF
Kristal Ferguson
Director, Place 2 (Place 2)
YES
PW
Paula Webb
Director, Place 3 (Place 3)
YES
RB
Ronald Brown
Director, Place 4 (Place 4)
ABSENT
CK
Chris Keck
Director, Place 5 (Place 5)
YES
CM
Charles May
Director, Place 6 (Place 6)
YES

Staff Report & Agenda Item Details

Motion made by Kenneth Koontz to authorize the CEO to establish a line of credit with Legend Bank, leaving the credit limit to his discretion, and Paula Webb seconded.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.4/10). 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.