Primary Department: Toll Road Authority
Primary Department Head/Elected Official: Roberto Treviño, P.E. Executive Director
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Amendment
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): Zions Bancorporation, N.A. dba Amegy Bank
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 a first amendment to the Stop Gap Agreement with Zions Bancorporation, N.A. dba Amegy Bank to extend the term until such time a viable banking option can be competitively procured.
end
Background and Discussion:
On September 19, 2024 Commissioners Court approved the execution of a Stop Gap Agreement with Zions Bancoporation, N.A. dba Amegy Bank (Amegy) for the period of September 19, 2024 through September 18, 2025. The original agreement provides for a transition period until such time a new bank can be completely operational not to extend more than 120 days.
Court approval of the First Amendment will allow for the completion of the procurement process and a transition period following Commissioners Court approval on July 30, 2025 to advertise for banking services to meet HCTRA needs.
Expected Impact:
Approval of the First Amendment to the Stop Gap Agreement will allow HCTRA to continue to provide reliable back-office system support for tolling services.
Alternative Options:
No other recommended solutions for this identified need.
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): N/A
Infrastructure Initiative (Goal 2): N/A
Economy Initiative (Goal 3): N/A
Health Initiative (Goal 4): N/A
Climate/Resilience Initiative (Goal 5): N/A
Housing Initiative (Goal 6): N/A
Additional notes related to the Strategic Plan:
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
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09/19/2024 |
164 |
Court approval of Stop Gap Agreement |
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10/29/2024 |
179 |
Court approval of an amendment and restatement of Custodial Agreement |
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06/12/2025 |
344 |
Court approval to utilize banking services and open additional accounts |
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07/10/2025 |
4 |
Court approval of agreement for collateral services |
Location:
Address (if applicable): N/A
Precinct(s): Countywide
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Fiscal and Personnel Summary |
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Service Name |
Financial Services |
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Total Existing Budget |
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Additional Budget Request (Requires Fiscal Review Request Form) |
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Total Additional Budget Request |
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Total Funding Sources |
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Grants – Proposed Budget (For Grants Items only) |
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Local Match Source - Additional Budget Request:
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Grant Funds Applied for/Awarded (Total) |
$ |
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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 |
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Anticipated Court Date: 9/18/2025
Anticipated Implementation Date (if different from Court date): Click or tap to enter a date.
Emergency/Disaster Recovery Note: Not an emergency, disaster, or ARPA related item
Contact(s) name, title, department: Nicole Stuttz, Chief of Staff, Harris County Toll Road Authority
Attachments (if applicable): Agreement