Series 2021 Unlimited Tax and Tax Increment Contract Revenue Road Bonds, including: a. review bids and award sale of the District’s Unlimited Tax Road Bonds, Series 2021; b. adopt Resolution Authorizing the Issuance of the District’s Unlimited Tax and Tax
Official Roll-Call Vote
Staff Report & Agenda Item Details
Series 2021 Unlimited Tax and Tax Increment Contract Revenue Road Bonds, including: a. review bids and award sale of the District’s Unlimited Tax Road Bonds, Series 2021; b. adopt Resolution Authorizing the Issuance of the District’s Unlimited Tax and Tax Increment Contract Revenue Road Bonds, Series 2021; c. approve Paying Agent/Registrar Agreement; d. approve Official Statement; e. execution of Certificate Regarding Provision of Financial Advice; f. authorize the Board of Directors to sign all documents relating to the bond sale and authorize attorney and financial advisor to take all necessary action to deliver bonds to the purchaser; and g. review and approve final developer reimbursement report for Series 2021 Unlimited Tax and Tax Increment Contract Revenue Road Bonds and authorize disbursement of final bond proceeds. /s/Angie Lutz Attorney for the District * As a result of the current COVID-19 virus epidemic emergency, the convening at one location of a quorum of the Board is difficult or impossible. Therefore, the Board will conduct this meeting by telephone conference call rather than by physical quorum pursuant to Texas Government Code Sec. 551.125 and guidance of the Governor of the State of Texas. Members of the public are entitled to participate and address the Board during the telephonic meeting. In all respects, this meeting will be open to the public and compliant with applicable law and guidance of the Governor of the State of Texas. An electronic copy of the agenda packet (which consists of the regular reports presented to the Board by its consultants) can be found at: https://www.districtdirectory.org/agendapackets/spmd.
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).