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29 • OrdinancesCity of Mansfield (Tarrant County)

Ordinance - An Ordinance of the City Council of the City of Mansfield, Texas Authorizing the Issuance and Sale of City of Mansfield, Texas Combination Tax and Revenue Certificates of Obligation, Series 2024, in the Aggregate Principal Amount of Not to exc

Presented in: City of Mansfield City Council - December 11, 2023 on 2023-12-11
Meeting Agenda PDF

Official Roll-Call Vote

Expands Gov't • 8.9/10 Impact Weight
PASSED (1 - 0)
“Motion to approved on first and final reading Item #29: Ordinance - An Ordinance of the City Council of the City of Mansfield, Texas Authorizing the Issuance and Sale of City of Mansfield, Texas Combination Tax and Revenue Certificates ”
TT
Todd Tonore
Councilmember, Place 6 (Place 6)
YES

Staff Report & Agenda Item Details

Ordinance - An Ordinance of the City Council of the City of Mansfield, Texas Authorizing the Issuance and Sale of City of Mansfield, Texas Combination Tax and Revenue Certificates of Obligation, Series 2024, in the Aggregate Principal Amount of Not to exceed $65,000,000; Levying a Tax in Payment Thereof; Prescribing the Form of Said Certificates; Authorizing the Execution and Delivery of Bond Purchase Agreement, Paying Agent/Registrar Agreement, and a Bond Counsel Engagement Letter; Approving the Official Statement; and Enacting Other Provisions Relating Thereto

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.9/10). 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).