Consider and take action on an ordinance authorizing the issuance of City of League City, Texas General Obligation Improvement Bonds, Series 2026; levying an ad valorem tax in payment thereof; setting certain parameters for the sale of the bonds; approvin

Staff Report & Agenda Item Details

Consider and take action on an ordinance authorizing the issuance of City of League City, Texas General Obligation Improvement Bonds, Series 2026; levying an ad valorem tax in payment thereof; setting certain parameters for the sale of the bonds; approving the preparation and distribution of an official statement; enacting other provisions relating thereto; and providing for the effective date thereof (Assistant City Manager - CFO) Staff requests approval on first and final reading.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 9.2/10). 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).