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2026-186 • Regular AgendaCity of Friendswood (Galveston County)
Consider ratifying the City's filing of IRS Form 8038-T and the remittance of the associated arbitrage rebate and yield reduction payments in connection with the Waterworks and Sewer System Revenue Bonds, Series 2021.
Presented in: City of Friendswood City Council - April 06, 2026 on 2026-04-06
Official Roll-Call Vote
Restrains Gov't • 8.7/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Consider ratifying the City's filing of IRS Form 8038-T and the remittance of the associated arbitrage rebate and yield reduction payments in connection with the Waterworks and Sewer System Revenue Bo”
MF
Mike Foreman
Mayor (At-Large)
YES
Staff Report & Agenda Item Details
Consider ratifying the City's filing of IRS Form 8038-T and the remittance of the associated arbitrage rebate and yield reduction payments in connection with the Waterworks and Sewer System Revenue Bonds, Series 2021.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.7/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.