Department: Harris County Sports & Convention Corporation
Department Head/Elected Official: Ryan Walsh, Executive Director & CEO
Regular or Supplemental RCA: Regular RCA
Type of Request: Financial Authorization
Project ID (if applicable):
Vendor/Entity Legal Name (if applicable):
MWDBE Contracted Goal (if applicable):
MWDBE Current Participation (if applicable):
Justification for 0% MWDBE Participation Goal: Choose an item.
Request Summary (Agenda Caption):
title
Request by the Harris County Sports & Convention Corporation (HCSCC) that the Court authorize the Office of Management and Budget to reimburse HCSCC $44,557.00 for renewal of Flood Insurance policies for Harris County owned facilities at NRG Park. Policies are in effect from 2024 to 2025.
end
Background and Discussion:
The budget transmitted to the Court by the Harris County Sports & Convention Corporation included funding from Harris County for Flood Insurance covering Harris County owned facilities at NRG Park. Each year HCSCC procures and pays insurance policies necessary for NRG Park followed by reimbursement from Harris County. This is an annual process previously considered by the Court on October 10, 2023.
Expected Impact:
Necessary to protect Harris County owned facilities at NRG Park from property damage that may be incurred as a result of weather or other significant events.
Alternative Options:
Pay for property damage to facilities from current resources.
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
_ Governance and Customer Service
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
10-10-2023 |
337 |
Approved |
Location:
Address (if applicable):
Precinct(s): Choose an item.
|
Fiscal and Personnel Summary |
|
Service Name |
|
|
|
|
Current Fiscal Year Cost |
Annual Fiscal Cost |
|
|
Labor |
Non-Labor |
Total |
Recurring Expenses |
|
Funding Sources |
|
|
Existing Budget |
|
|
|
|
|
Other |
$ |
$44,557 |
$44,557 |
$50,000 |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$44,557 |
$44,557 |
$50,000 |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Request |
$ |
$44,557 |
$44,557 |
$44,557 |
|
Personnel (Fill out section only if requesting new PCNs) |
|
|
Current Position Count for Service |
- |
- |
- |
- |
|
Additional Positions Request |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: October 8, 2024
Anticipated Implementation Date (if different from Court date): Various policy effective dates.
Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item
Contact(s) name, title, department: Debra Smith, Director, Finance & Administration HCSCC
Attachments (if applicable): Policy Invoices from Hartford and American Bankers