Consideration and Action regarding a Deposit and Reimbursement Agreement by and between the City of Saginaw and Saginaw Beltmill, LLC, providing for the funding of certain City anticipated and incurred professional services associated with all matters related to the contemplated Beltmill Public Improvement District on property consisting of approximately 115.432 acres and described as a tract of land in the Heirs of Benjamin Thomas Survey, Abstract Number 1497, City of Saginaw, Tarrant County, T

Staff Report & Agenda Item Details

Consideration and Action regarding a Deposit and Reimbursement Agreement by and between the City of Saginaw and Saginaw Beltmill, LLC, providing for the funding of certain City anticipated and incurred professional services associated with all matters related to the contemplated Beltmill Public Improvement District on property consisting of approximately 115.432 acres and described as a tract of land in the Heirs of Benjamin Thomas Survey, Abstract Number 1497, City of Saginaw, Tarrant County, Texas; and authorizing Mayor to execute the same (Presenter: Gabe Reaume, City Manager)

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.5/10). 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).