Issuance of the District's $1,100,000 Unlimited Tax Park Bonds, Series 2026 (the "Bonds"), including review of Order of the Texas Commission on Env...

Staff Report & Agenda Item Details

Issuance of the District's $1,100,000 Unlimited Tax Park Bonds, Series 2026 (the "Bonds"), including review of Order of the Texas Commission on Environmental Quality authorizing issuance of same, and that the following actions related to the Bonds: a. Review and approve Preliminary Official Statement and Official Notice of Sale; b. Authorize the District's Financial Advisor to advertise for the sale of the Bonds; c. Approval of designation of Paying Agent/Registrar; d. Engage auditor to prepare agreed-upon procedures report relative to payment to the District's developer from the proceeds of the Bonds; and e. Authorize bookkeeper to issue payment to Attorney General;

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).