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12 • Regular AgendaPort of Corpus Christi Authority (Nueces County)
Approve a Resolution expressing official intent to issue PCCA Revenue Bonds to reimburse PCCA for capital expenditures made in connection with various PCCA projects; and approve the engagement of bond counsel, financial advisor, and senior 31 managing underwriter in connection with the issuance of the Bonds.
Presented in: Port Commission - October 14, 2014 on 2014-10-14
Official Roll-Call Vote
Expands Gov't • 8.7/10 Impact Weight
PASSED (8 - 0)
“Motion to approve Approve a Resolution expressing official intent to issue PCCA Revenue Bonds to reimburse PCCA for capital expenditures made in connection with various PCCA projects; and approve the engagement of bond”
RB
Ruben Bonilla
Board President
YES
WH
Wes Hoskins
Commissioner, Place 1 (Place 1)
YES
MP
Michael Pedrotti
Commissioner, Place 2 (Place 2)
YES
DG
Diane Gonzalez
Commissioner, Place 3 (Place 3)
YES
GG
Gabriel Guerra
Commissioner, Place 4 (Place 4)
YES
DE
David Engel
Commissioner, Place 5 (Place 5)
YES
TL
Tony LaMantia
Commissioner, Place 6 (Place 6)
YES
RA
Rajan Ahuja
Commissioner, Place 7 (Place 7)
YES
Staff Report & Agenda Item Details
Approve a Resolution expressing official intent to issue PCCA Revenue Bonds to reimburse PCCA for capital expenditures made in connection with various PCCA projects; and approve the engagement of bond counsel, financial advisor, and senior 31 managing underwriter in connection with the issuance of the Bonds.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.7/10). 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).