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2025-482 • Regular AgendaCity of Sherman (Grayson County)
Authorizing Execution of First Amended and Restated Chapter 380 Economic Development Program and Agreement between the City of Sherman, Texas and TEKMAK Sherman Hotel, LP.
Presented in: City of Sherman City Council - August 18, 2025 on 2025-08-18
Official Roll-Call Vote
Expands Gov't • 7.5/10 Impact Weight
PASSED (1 - 0)
“Motion to approve: Authorizing Execution of First Amended and Restated Chapter 380 Economic Development Program and Agreement between the City of Sherman, Texas and TEKMAK Sherman Hotel, LP.”
ST
Shawn Teamann
Mayor (At-Large)
YES
Staff Report & Agenda Item Details
Authorizing Execution of First Amended and Restated Chapter 380 Economic Development Program and Agreement between the City of Sherman, Texas and TEKMAK Sherman Hotel, LP.
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).