Department: Commissioner, Precinct 3
Department Head: Tom S. Ramsey, P.E.
Regular or Supplemental RCA: Regular RCA
Type of Request: Investment Memo
Investment Memo Type: Final Investment Memo
Project Name: Cypress Camp 3-Acre Land Acquisition
Project ID (if applicable): N/A
Vendor Legal Name (if applicable): N/A
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Achievement (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Managing Entity: Commissioner Precinct 3
Incremental Authorization Requested: $1,500,000
Total Estimated Project Cost: $1,500,000
Request Summary:
title
Request for approval of a Final Investment Memo for the Cypress Camp 3-Acre Land Acquisition project in the amount of $1,500,000 and request for approval of commercial paper funding in the amount of $1,500,000.
end
Project Description:
This project is to acquire the additional property needed to expand Cypress Camp, and thereby eliminate dangerous and inefficient overcrowding of the current property; to create a safer and more productive facility from which to operate.
Project Scope:
Precinct 3 will acquire a 3-acre parcel of land that is adjacent to the existing Cypress Camp.
Justification:
Precinct 3 has a statutory obligation to build and maintain the 47% of lane miles of Harris County roads and the 33% of road miles of Harris County bridges, which are in our precinct. Many of these roads and bridges are served out of Cypress due to logistical considerations. Additionally, we also maintain many of our 72 parks from this camp. The large number of workers and the large inventory of equipment that is based at Cypress Camp has outgrown the available area and is now overcrowded. We must have a larger facility.
Alternatives and Engagement:
The only alternative is to continue to operate in an inadequate facility, with its associated safety risks and inefficiencies.
Anticipated Project Expenditures and Timeline:
|
Scope of Work |
Estimated Cost |
Estimated Completion |
|
3-Acre Land Acquisition |
$1,500,000 |
1Q-2025 |
|
|
- |
- |
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Total |
$1,500,000 |
1Q-2025 |
Alignment with Goal(s):
x Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
x Transportation
_ Flooding
_ Environment
x Governance and Customer Service
Previous Court Action:
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Date |
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Action Taken |
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Address:
Precinct(s): Choose an item.
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Fiscal and Personnel Summary |
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Service Name |
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Current Fiscal Year Cost |
Annual Fiscal Cost |
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Labor |
Non-Labor |
Total |
Recurring Expenses |
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Funding Sources |
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Existing Budget |
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Commercial Paper |
$ |
$ |
$ |
$ |
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Choose an item. |
$ |
$ |
$ |
$ |
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Choose an item. |
$ |
$ |
$ |
$ |
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Total Current Budget |
$ |
$ |
$ |
$ |
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Additional Budget Request |
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Commercial PaperCommercial Paper |
$ |
$1,500,000 |
$1,500,000 |
$ |
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Choose an item. |
$ |
$ |
$ |
$ |
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Choose an item. |
$ |
$ |
$ |
$ |
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Total Additional Budget Request |
$ |
$ |
$ |
$ |
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Total Funding Request |
$ |
$1,500,000 |
$1,500,000 |
$ |
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Personnel (Fill out section only if requesting new PCNs) |
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Current Position Count for Service |
- |
- |
- |
- |
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Additional Positions Request |
- |
- |
- |
- |
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Total Personnel |
N/A |
N/A |
N/A- |
- |
Anticipated Court Date: October 29, 2024
Anticipated Implementation Date (if different from Court date):
Legal funding compliance confirmed by: Paige Abernathy, Assistant County Attorney, 10/15/2024
Department Approval by: Curt Kates-Director of Budget & Finance, October 15,2024
OMB CIP Team Approval by: William McGuinness, Director-Capital Projects & Infrastructure, 10/16/2024
Commercial Paper Request (For OMB use only):
Receiving Department: Commissioner, Precinct 3
Project PeopleSoft ID: TBD
CP Series Description: Commercial Paper Series D-3 can be used for (1) construction of public works, (2) the purchase of automobiles, equipment and machinery, including computers, materials and supplies for the operation of the County’s precincts and departments (3) Professional services, including services provided by engineers, architects, attorneys, auditors, financial advisors, and fiscal agents, in connection with the contractual obligations described in (1) and (2).
Commercial Paper is being requested for the Cypress Camp 3-Acre Land Acquisition project and is expected to be repaid within the next three fiscal years either through bonds, budgetary means or pay-as-you-go sources.
OMB Financial Management contact: Amy Perez, Deputy Executive Director, Office of Management and Budget