Legislation Details

File #: 24-6715    Version: 1 Name:
Type: Commercial Paper Status: Passed
File created: 10/16/2024 In control: Commissioners Court
On agenda: 10/29/2024 Final action: 10/29/2024
Title: Request for approval of commercial paper funding for Universal Services for the JWEB Modernization project in the initial amount of $1,500,000.
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): TBD
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 commercial paper funding for Universal Services for the JWEB Modernization project in the initial amount of $1,500,000.
end

Background and Discussion:
Commercial Paper Series D 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).

Commercial Paper is being requested for the JWEB Modernization project and is expected to be repaid within the next three fiscal years either through bonds, budgetary means, or pay-as-you-go sources. This is for approval for allocation of commercial paper for a previously approved project within the previously authorized amount.

HB 1869 compliance confirmed by: Paige Abernathy, Assistant County Attorney, October 15, 2024.

Expected Impact:
The modernization of these applications is critical to ensure continuity of county's public safety and other justice related services. The upgraded applications also ensure Harris County departments and end-users do not have to work with unsupported technology or out-of-date processes, which would be more susceptible to failure and vulnerable to cyberattacks.

The new utilized applications will also reduce overhead costs required to supp...

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