Resolution approving (i) the Resolution of the Board of Directors of the Seguin Economic Development Corporation regarding a loan to finance the costs of an economic development project; (ii) a sales tax remittance agreement between the City and the

Staff Report & Agenda Item Details

Resolution approving (i) the Resolution of the Board of Directors of the Seguin Economic Development Corporation regarding a loan to finance the costs of an economic development project; (ii) a sales tax remittance agreement between the City and the Corporation; (iii) resolving other matters incident and related to the project and the loan; and (iv) the authority of the Mayor to execute, on behalf of the city, a general certificate of the City and the agreements contemplated in the Resolution. - Josh Schneuker, Director of Economic Development

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.9/10). 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.