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2026-160 • Contracts & ProcurementCity of Hewitt (McLennan County)

Discussion and possible action on the extension of the municipal depository agreement with Independent Financial/SouthState Bank for the first of the three (3) one-year contract extensions to extend the term through June 30, 2027.

Presented in: City of Hewitt - June 01, 2026 on 2026-06-01
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 4.4/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Discussion and possible action on the extension of the municipal depository agreement with Independent Financial/SouthState Bank for the first of the three (3) one-year contract extensions to extend t”
YES

Staff Report & Agenda Item Details

Discussion and possible action on the extension of the municipal depository agreement with Independent Financial/SouthState Bank for the first of the three (3) one-year contract extensions to extend the term through June 30, 2027.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.4/10). 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.