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Transition of bank accounts from Wells Fargo to Allegiance Bank, including approval of Depository Pledge Agreement.
Presented in: Sienna Plantation Management District Board Meeting - 2021-07-01 on 2021-07-01
Official Roll-Call Vote
Expands Gov't • 4.8/10 Impact Weight
PASSED (5 - 0)
“Motion to approve Transition of bank accounts from Wells Fargo to Allegiance Bank, including approval of Depository Pledge Agreement.”
CR
Cody Radley
Director, Place 3
YES
JK
John Knox Jr.
Director, Place 4
YES
LB
Linda Bell
Director, Place 5
YES
DO
Dana Osborne
Director, Place 1
YES
DM
Debbie Marcell
Director, Place 2
YES
Staff Report & Agenda Item Details
Transition of bank accounts from Wells Fargo to Allegiance Bank, including approval of Depository Pledge Agreement.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 4.8/10). 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).