Consideration and Approval of a Resolution by the Board of Directors of the South Texas

Staff Report & Agenda Item Details

Consideration and Approval of a Resolution by the Board of Directors of the South Texas Water Authority authorizing execution of a Principal Forgiveness Agreement with the Texas Water Development Board and other matters related thereto pe1iaining to the South Texas Water Authority Contract Revenue Bonds (Nueces Water Supply Co1:poration), Taxable Series 2025. Mr. Graveley made a motion to approve a Resolution by the Board of Directors of the South Texas Water Authority authorizing execution of a Principal Forgiveness Agreement with the Texas Water Development Board. Ms. Garcia seconded. By a show of hands, all directors voted in favor.

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.