League City’s unanimous city council vote in mid-August placed a non-binding November 3 referendum on the ballot, creating the immediate catalyst for current trader sentiment. The measure asks voters whether the police department should continue operating Flock Safety automated license plate readers at fixed public-roadway locations, following months of debate that balanced documented crime-solving gains from the city’s existing 15-camera network against resident privacy objections over data collection and retention. With the outcome advisory only, market-implied odds of 67.5% for approval reflect expectations that public-safety arguments will carry greater weight than privacy concerns in a suburban Texas electorate, though last-minute campaign framing around surveillance technology and any new oversight proposals could still shift sentiment before election day.