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2024-251 • ResolutionsCity of Hewitt (McLennan County)
Discussion and possible action on Resolution No. 2024-12 approving the financing terms of Cogent Bank for a term of five (5) years at 4% for the financing of various vehicles and equipment.
Presented in: City of Hewitt - November 04, 2024 on 2024-11-04
Official Roll-Call Vote
Restrains Gov't • 2.7/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Discussion and possible action on Resolution No. 2024-12 approving the financing terms of Cogent Bank for a term of five (5) years at 4% for the financing of various vehicles and equipment.”
SF
Steve Fortenberry
Mayor
YES
Staff Report & Agenda Item Details
Discussion and possible action on Resolution No. 2024-12 approving the financing terms of Cogent Bank for a term of five (5) years at 4% for the financing of various vehicles and equipment.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.7/10). 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.