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2026-37 • ResolutionsCity of Mineral Wells (Palo Pinto County)

Consider and take appropriate action to adopt a Resolution authorizing the City Manager to execute an Intergovernmental Loan Agreement in the amount of $600,000.00, authorizing Tax Increment Reinvestment Zone No. 2 to provide funds to the Mineral Wells Re

Presented in: City of Mineral Wells City Council - February 03, 2026 on 2026-02-03
Meeting Agenda PDF

Official Roll-Call Vote

Expands Gov't • 7.5/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Consider and take appropriate action to adopt a Resolution authorizing the City Manager to execute an Intergovernmental Loan Agreement in the amount of $600,000.00, authorizing Tax Increment Reinvestm”
YES

Staff Report & Agenda Item Details

Consider and take appropriate action to adopt a Resolution authorizing the City Manager to execute an Intergovernmental Loan Agreement in the amount of $600,000.00, authorizing Tax Increment Reinvestment Zone No. 2 to provide funds to the Mineral Wells Re

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.5/10). 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).