Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Secondary Department: N/A
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): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
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 an order authorizing proceedings to issue and sell Harris County, Texas, Permanent Improvement Refunding Bonds, Series 2026, Unlimited Tax Road Refunding Bonds, Series 2026, Flood Control District Improvement Refunding Bonds, Series 2026; and Certificates of Obligation, Series 2026 (the "Certificates", and collectively, the "Obligations"); including the preparation of financing and offering documents and the publication of a Notice of Intent; approving the engagement of professionals in connection with the foregoing; and making other provisions regarding such Obligations, and matters incident thereto; and containing other matters relating thereto.
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Background and Discussion:
The County intends to issue bonds in an amount not to exceed $755 million to refund CP Notes, Series B, Series C, Series C-2, Series D, Series D-2, Series D-3, Series H, and Series H2 to restore CP capacity. The Go Forward order authorizes County officials to take preliminary actions relating to the issuance of the Obligations, including publication of a Notice of Intent, with respect to the Certificates, and the execution and delivery of engagement letters with contingent fee payment provisions with the following professionals: Greenberg Traurig, LLP, as...
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