Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Secondary Department: Harris Health System
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Bonds
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): 30%
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal is not 0% and is listed above
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval of a resolution authorizing proceeding to issue and sell Harris County Hospital District, Limited Tax Bonds, Series 2025; authorizing the preparation of all financing and offering documents; approving the engagement of professionals in connection with the issuance and sale of the bonds; and making other provisions regarding such bonds and matters incident thereto.
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Background and Discussion:
On November 7, 2023, the voters approved a $2.5 billion bonds for Harris Health facilities. The Hospital District intends to issue new money bonds to finance the acquisition, construction, equipment, and/or enlargement of the District facilities from the 2023 Election voted authority.
On February 27, 2025 the Harris Health Board approved the go forward order to issue the Harris County Hospital District, Limited Tax Bonds, Series 2025 and adopted a reimbursement resolution.
Alternative Options: N/A
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): Choose an item.
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Economy Initiative (Goal 3): Choose an item.
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