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2025-569 • Regular AgendaCity of Jacksonville (Cherokee County)

authorize the City to enter into an agreement with US bank to provide custody services for its investment transactions

Presented in: City of Jacksonville City Council - June 10, 2025 on 2025-06-10
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 5.1/10 Impact Weight
PASSED (2 - 0)
“Motion to approve: authorize the City to enter into an agreement with US bank to provide custody services for its investment transactions”
RG
YES
RG
Rob Gowin
Councilmember, Place 4
YES

Staff Report & Agenda Item Details

authorize the City to enter into an agreement with US bank to provide custody services for its investment transactions

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 5.1/10). 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.