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12 • ACTIONGuadalupe-Blanco River Authority (Guadalupe County)

Consideration of and possible action approving a Resolution authorizing the issuance of up to $5,000,000 in principal amount of Guadalupe- Blanco Ri ver Authority General Improvement Revenue Bonds, fo

Presented in: Guadalupe-Blanco River Authority Board Meeting (2022-10-19) on 2022-10-19
Meeting Agenda PDF

Official Roll-Call Vote

Expands Gov't • 9.3/10 Impact Weight
PASSED (9 - 0)
“Motion to approve Consideration of and possible action approving a Resolution authorizing the issuance of up to $5,000,000 in principal amount of Guadalupe- Blanco Ri ver Authority General Improvement Revenue Bonds, fo”
WC
William Carbonara
Director, Place 1 (Place 1)
YES
EV
Emanuel Valdez
Director, Place 2 (Place 2)
YES
JC
John Cyrier
Director, Place 3 (Place 3)
YES
DP
Dennis Patillo
Director, Place 4 (Place 4)
YES
SO
Sheila Old
Director, Place 5 (Place 5)
YES
RB
Robert Blaschke
Director, Place 6 (Place 6)
YES
JC
James Cohoon
Director, Place 7 (Place 7)
YES
SE
Steve Ehrig
Director, Place 8 (Place 8)
YES
JS
Jennifer Storm
Director, Place 9 (Place 9)
YES

Staff Report & Agenda Item Details

Consideration of and possible action approving a Resolution authorizing the issuance of up to $5,000,000 in principal amount of Guadalupe- Blanco Ri ver Authority General Improvement Revenue Bonds, for the primary purpose of financing improvements to the Diversion Dam & Saltwater Barrier; authorizing the sale thereof pursuant to a competitive sale; delegating authority to the Acting General Manager/CEO and the Executive Manager of Finance/CFO to approve all final terms of the Bonds; approving and authorizing the execution of all instruments and procedures related thereto including a Paying Agent/Registrar Agreement; authorizing the preparation and distr ibution of an Official Statement; and containing other provisions related thereto.

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 9.3/10). 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).