Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director
Secondary Department: Choose an item.
Secondary Department Head/Elected Official:
Regular or Supplemental RCA: Supplemental 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 by the Office of Management and Budget for approval of an order authorizing and ordering the issuance of Harris County, Texas Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026A; authorizing the authorized representative to approve the amounts, interest rates, prices and terms thereof and certain matters relating thereto; levying a continuing and direct annual ad valorem tax and pledging such tax and certain revenues to the payment of said certificates; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; awarding the sale thereof; authorizing the preparation and distribution of an Official Statement to be used in connection with the sale of the certificates; and making other provisions regarding such certificates, including use of the proceeds thereof, and matters incident thereto, and all other activities which will support the issuance and administration of the certificates, including the opening of bank accounts.
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Background and Discussion:
Permanent Improvement Tax and Revenue Certificates of Obligation, Series 2026A will be used to fund projects as noted in the Notice of Intent published on the County agenda website.
Expected Impact:
To fund non-voted projects.
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