G.4 • WATER_DISTRICTEdwards Aquifer Authority (Bexar County)

Consider recommendation from the Finance/Administrative Committee to approve a contract with PNC Bank, for central depository services, for an initial period of March 1, 2025 - February 28, 2027, with an option to renew for three additional one-year perio

Presented in: Edwards Aquifer Authority - Board of Directors (February 11, 2025) on 2025-02-11

Official Roll-Call Vote

Expands Gov't • 4.2/10 Impact Weight

PASSED (2 - 0)

“A motion was made by Treasurer Miller, seconded by Director Patterson, the board adopt Resolution and Order No. 02-25-118 of the Edwards Aquifer Authority Board of Directors approving a contract between the EAA and PNC Bank, for central depository services for the period March 1, 2025 through February 28, 2027, with an option to renew for up to three additional one-year periods, and authorizing th”

Byron Miller

Director, District 8 (District 8)

YES

Carol Patterson

Director, District 11 (District 11)

YES

Staff Report & Agenda Item Details

A motion was made by Treasurer Miller, seconded by Director Patterson, the board adopt Resolution and Order No. 02-25-118 of the Edwards Aquifer Authority Board of Directors approving a contract between the EAA and PNC Bank, for central depository services for the period March 1, 2025 through February 28, 2027, with an option to renew for up to three additional one-year periods, and authorizing the General Manager to execute all necessary documents to effectuate the contract. The motion passed without opposition. [Attached and made a part of these minutes.]

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 4.2/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).