Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director
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 the issuance, sale, and delivery of Harris County, Texas Toll Road First Lien Revenue and Refunding Bonds, Series 2026A; approving the Ninth Supplemental Toll Road Revenue Bonds Trust Indenture, a bond purchase agreement and an official statement; authorizing an authorized representative to approve the amounts, interest rates, prices and terms of such bonds and certain other matters relating thereto; authorizing the discharge of certain outstanding Harris County, Texas Toll Road Senior Lien Revenue Bonds, Series 2016A, and Harris County, Texas, Toll Road First Lien Revenue Commercial Paper Notes; authorizing necessary actions, including the execution of documents and instruments necessary or convenient to carry out the issuance, sale and delivery of such bonds and payment of such other obligations; authorizing and ratifying other actions and activities to support the issuance and administration of such bonds, including the opening of bank accounts; making certain findings with respect thereto; and containing other provisions relating to the subject.
end
Background and Discussion:
HCTRA intends to issue bonds in an amount not to exceed $525 million to refund certain outstanding bonds
and refund CP Notes, Series K, and Series K-2.
Expected ...
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