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4 • City Council BusinessCity of Waco (McLennan County)

[2026-061] Consider a resolution (1) approving an Amended and Restated Master Development Agreement and an Amended and Restated Economic Development Agreement (for Tax Increment Funding (“TIF“)) with Floyd Casey - One, LLC, developer of the former Floyd Casey Stadium site, which, among other items, provide for: (a) elimination of the $4.0M Infrastructure Grant; (b) increase in the Docusign Envelope ID: 9C237D21-9083-4BA8-9FEB-53D993316DF1 City Council Agenda February 3, 2026 cap on TIF funding t

Presented in: City of Waco: 2/3 Regular City Council Meeting on 2026-02-03
Meeting Agenda PDF

Official Roll-Call Vote

Expands Gov't • 7.5/10 Impact Weight
PASSED (6 - 0)
“[2026-061] Consider a resolution (1) approving an Amended and Restated Master Development Agreement and an Amended and Restated Economic Development Agreement (for Tax Increment Funding (“TIF“)) with Floyd Casey - One, LLC, developer of the former Floyd Casey Stadium site, which, among other items, provide for: (a) elimination of the $4.0M Infrastructure Grant; (b) increase in the Docusign Envelope ID: 9C237D21-9083-4BA8-9FEB-53D993316DF1 City Council Agenda February 3, 2026 cap on TIF funding t”
JH
Jim Holmes
Mayor (At-Large)
YES
AJ
Andrea J. Barefield
Councilmember (District 1)
YES
IL
Isabel Lozano
Councilmember (District 2)
YES
JC
Jed Cole
Councilmember (District 3)
YES
DE
Darius Ewing
Councilmember (District 4)
YES
GC
George Chase
Councilmember (District 5)
YES

Staff Report & Agenda Item Details

Waco City Council Item 4: Consider a resolution (1) approving an Amended and Restated Master Development Agreement and an Amended and Restated Economic Development Agreement (for Tax Increment Funding (“TIF“)) with Floyd Casey

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).