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2024-454 • Regular AgendaCity of Friendswood (Galveston County)
Consider approving the TIRZ Development Agreement by and between Madison Development Corp., LLC, the City of Friendswood, and Reinvestment Zone Number One, City of Friendswood.
Presented in: City of Friendswood City Council - November 04, 2024 on 2024-11-04
Official Roll-Call Vote
Expands Gov't • 7.5/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Consider approving the TIRZ Development Agreement by and between Madison Development Corp., LLC, the City of Friendswood, and Reinvestment Zone Number One, City of Friendswood.”
MF
Mike Foreman
Mayor (At-Large)
YES
Staff Report & Agenda Item Details
Consider approving the TIRZ Development Agreement by and between Madison Development Corp., LLC, the City of Friendswood, and Reinvestment Zone Number One, City of Friendswood.
Bastiat Liberty & Property Rights Analysis
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).