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2024-0139-R • Regular AgendaCity of Temple (Bell County)
Consider adopting a resolution authorizing a Chapter 380 Economic Development Agreement (“EDA”) between the City of Temple and the Temple Economic Development Corporation (“TEDC”) wherein the City agrees to transfer approximately 108.81
Presented in: City Council Regular Meeting - May 16, 2024 on 2024-05-16
Official Roll-Call Vote
Expands Gov't • 7.5/10 Impact Weight
PASSED (4 - 0)
“Moved by Michael Pilkington, seconded by Zoe Grant. Approve Consider adopting a resolution approving the Consent Agenda items and the appropriate resolutions and ordinances for each of the following:”
TD
Tim Davis
Mayor (At-Large)
YES
JW
Jessica Walker
Mayor Pro Tem (District 1)
YES
ZG
Zoe Grant
Councilmember (District 2)
YES
MP
Michael Pilkington
Councilmember, District 4 (District 4)
YES
Staff Report & Agenda Item Details
Consider adopting a resolution authorizing a Chapter 380 Economic Development Agreement (“EDA”) between the City of Temple and the Temple Economic Development Corporation (“TEDC”) wherein the City agrees to transfer approximately 108.81 acres in Synergy Park to TEDC to market and sell to an economic development prospect. (M)
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).