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7 • GENERALNocona Hospital District (Montague County)

Action on approve the line of credit loan through Legend Bank to not e...

Presented in: Board of Directors Meeting - November 18, 2025 on 2025-11-18
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 2.5/10 Impact Weight
PASSED (6 - 0)
“Motion by Paula Webb to approve the line of credit loan through Legend Bank to not exceed $5 million, and authorize Lance to utilize at his discretion. Ron Brown seconded, and the”
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)
YES
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 Paula Webb to approve the line of credit loan through Legend Bank to not exceed $5 million, and authorize Lance to utilize at his discretion. Ron Brown seconded, and the

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.5/10). 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.