Department: Management and Budget
Department Head/Elected Official: Daniel Ramos, Executive Director
Regular or Supplemental RCA: Regular RCA
Type of Request: Commercial Paper
Project ID (if applicable): ATASCOCITA
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 to decrease the Office of the County Engineer commercial paper funding for the Atascocita Complex Infrastructure Improvements project in the amount of $8,350,000 for a net CP funding of $0.
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Background and Discussion:
Commercial Paper Series D-2 can be used for (1) construction of public works, (2) the purchase of automobiles, equipment and machinery, including computers, materials and supplies for the operation of the County's precincts and departments (3) Professional services, including services provided by engineers, architects, attorneys, auditors, financial advisors, and fiscal agents, in connection with the contractual obligations described in (1) and (2).
Project will be funded by Certificates of Obligation.
Expected Impact:
CP funding reduction increases CP capacity.
Alternative Options:
N/A
Alignment with Goal(s):
X Justice and Safety
_ Economic Opportunity
_ Housing
X Public Health
_ Transportation
X Flooding
X Environment
_ Governance and Customer Service
Prior Court Action (if any):
Date
Agenda Item #
Action Taken
6/25/2024
24-3715
Request for approval of CP funding for $8,350,000
Location:
Address (if applicable): Countywide
Precinct(s): Countywide
Fiscal and Personnel Summary
Service Name
Atascocita
Current Fiscal Year Cost
Annual Fiscal Cost
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Total
Recurring Expenses
Funding Sources
Existing Budget
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Total Current Budget
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Additional Bud...
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