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5 • FINANCEGrand Mission Municipal Utility District #1 (Fort Bend County)

Matters Relating to Series 2021 Refunding Bonds, including: (a) review and approve Preliminary Official Statement; (b) approve Order Adopting Preliminary Official Statement and Authorizing Distribution Thereof; (c) approve Resolution Regarding Delegation

Presented in: Grand Mission Municipal Utility District #1 Board Meeting - 2022-03-14 on 2022-03-14
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 9.1/10 Impact Weight
PASSED (6 - 0)
“Motion to approve Matters Relating to Series 2021 Refunding Bonds, including: (a) review and approve Preliminary Official Statement; (b) approve Order Adopting Preliminary Official Statement and Authorizing Distribution Thereof; (c) approve Resolution Regarding Delegation ”
DH
YES
SH
Syed Hasan
Director, Place 1 (Place 1)
YES
JB
Judson Brown
Director, Place 2 (Place 2)
YES
DA
Darrell A. Hawthorne
Director, Place 3 (Place 3)
YES
VM
Vincente M. Salazar III
Director, Place 4 (Place 4)
YES
LT
Laski Tesalonika
Director, Place 5 (Place 5)
YES

Staff Report & Agenda Item Details

Matters Relating to Series 2021 Refunding Bonds, including: (a) review and approve Preliminary Official Statement; (b) approve Order Adopting Preliminary Official Statement and Authorizing Distribution Thereof; (c) approve Resolution Regarding Delegation of Authority; (d) adopt Resolution Authorizing lssuance of the Bonds; (e) adopt Resolutions Regarding Approval of Contingent Fee Contracts; (0 authorize the Directors and consultants of the District to complete all matters and take all necessary items incident to the issuance, approval by the Attorney General, sale, delivery, and closing of the Bonds; (g) confirm agreements with bond counsel and special tax counsel;

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 9.1/10). 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.