Legislation Details

File #: 24-5210    Version: 1 Name:
Type: Bonds Status: Passed
File created: 8/15/2024 In control: Commissioners Court
On agenda: 8/27/2024 Final action: 8/27/2024
Title: Request for approval of an order ratifying and confirming the terms and provisions relating to the Harris County, Texas, Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2024, established by an Officers Pricing Certificate relating thereto; affirming such Officers Pricing Certificate; and containing other matters relating thereto.
Department: Management and Budget
Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget

Regular or Supplemental RCA: Regular RCA

Type of Request: Bonds

Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request

Request Summary (Agenda Caption):
title
Request for approval of an order ratifying and confirming the terms and provisions relating to the Harris County, Texas, Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2024, established by an Officers Pricing Certificate relating thereto; affirming such Officers Pricing Certificate; and containing other matters relating thereto.
end

Background and Discussion:
$423,090,000 Permanent Imp Tax & Revenue CO, Series 2024 was issued on August 8, 2024. The bond proceeds will be used to fund the construction, improvement, repair, renovation and enlargements of certain projects.

Expected Impact:
Funded non-voted projects with debt.

Alternative Options: N/A

Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service

Prior Court Action (if any):
Date
Agenda Item #
Action Taken
3/26/24
35
Approval of a go forward order and engagement of co-bond counsel, co-disclosure counsel and underwriters.
6/25/24
405
Approval of an order authorizing the issuance of Permanent Improvement Tax & Revenue CO, Series 2024.

Location:
Address (if applicable): N/A
Precinct(s): Choose an item.

Fiscal and Personnel Summary
Service Name
Bonds


Current Fiscal Year Cost
Annual Fiscal Cost

Labor
Non-Labor
Total
Recurring Expenses
Funding Sources

Existing Budget




Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Total Current Budget
$
$
$
$
Ad...

Click here for full text