Primary Department: County Administration
Primary Department Head/Elected Official: Jesse Dickerman, Interim County Administrator
Secondary Department: Choose an item.
Secondary Department Head/Elected Official:
Regular or Supplemental RCA: Regular RCA
Type of Request: Discussion Item
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 to conduct detailed evaluation and feasibility analysis for selected county properties for the Putting Assets to Work (PAW) initiative.
end
Background and Discussion:
PAW is the initiative to develop County assets for monetization and/or community benefits. To consult and advise on this project, a Real Estate Portfolio Technical Advisory Group (TAG) was formed in September 2024 with representatives from the following departments:
• Office of County Administration
• Department of Economic Equity & Opportunity
• Office of the County Engineer
• Housing & Community Development
• Flood Control
• Office of Management & Budget
Through the PAW initiative, we reviewed our County assets through the Parcel Selection process, gathered data on over 20 attributes beyond what is provided by HCAD, performed a robust evaluation, and ranked using the information collected. As a result, we have uncovered high value, available, and underutilized assets to leverage for ongoing revenue.
The evaluation of assets for development opportunities is not a closed process. For the initial round we are prioritizing the highest-value, low-hanging fruit that is currently available for development. This does not mean that there are no other opportunities in our portfolio. Some assets that are attractive development opportunities were not selected for various reasons such as misalignment in timing. The goal is to build learnings from these first few opportunities and use the revenue generated to fund future rounds that may include opportunities that are not currently available and those in our portfolio that are lower valued.
The request of this Court is approval to move the three selected yield sites into the Detailed Evaluation phase. In the Detailed Evaluation phase, we will be able to learn much more about each site’s viability for development through third party reports including a Phase 1 Assessment, Title Search, Site Analysis, and a Market Study. The contracted subject matter expert will conduct site visits along with all members of TAG that are able to attend. Those that pass Detailed Evaluation will be reported back to Commissioners Court along with proposed solicitation materials to request approval to move on to the Project Delivery phase.
Expected Impact:
The PAW initiative has identified underutilized County assets and approval will allow OCA to continue the evaluation process for development feasibility. Moving this initiative forward will lead to increased and ongoing County operating revenue.
Alternative Options:
N/A
County Strategic Plan Goal: 2. Connect our community with safe, reliable, equitably distributed, and well-maintained infrastructure.
County Strategic Plan Objective: I: Increase access to safe, clean, and enjoyable green space.
Justice/Safety Initiative (Goal 1): Choose an item.
Infrastructure Initiative (Goal 2): I3: Prioritize the development of new parks when developing and implementing a plan for how to leverage underused County-owned land, with a focus on equitable access.
Economy Initiative (Goal 3): Choose an item.
Health Initiative (Goal 4): Choose an item.
Climate/Resilience Initiative (Goal 5): Choose an item.
Housing Initiative (Goal 6): Choose an item.
Additional notes related to the Strategic Plan:
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
08/23/2022 |
208 |
Approval of Agreement between Harris County and Government Finance Officers Association of the United States and Canada to Participate in a Putting Assets to Work Incubator. |
|
03/26/2024 |
672 |
Approval of Agreement with Hayat A Kelil-Brown DBA Hayat Brown LLC in the amount of $500,000 for reposition properties consulting services for the Office of County Administration for the period of March 26, 2024 - March 25, 2025, with four (4) one-year renewal options. |
|
09/19/2024 |
24 |
Approval of County’s participation in the Putting Assets to Work (PAW) initiative and recommended next steps. |
|
02/26/2025 |
26 |
Approval of PAW Policy Guidelines. |
|
04/10/2025 |
16 |
Approval of Item 16 with the amendment to permit Commissioners the first opportunity to accept funds from monetization of parcels. |
Location:
Address (if applicable): 6301 Pinemont/0 Federal Plaza Drive, 0 Hillcroft St, 0 Genoa Red Bluff Rd/0 Exempt (TR 1R ABST 53 S Murphy)/0 Space Center Blvd
Precinct(s): Precincts 1 & 2
|
Fiscal and Personnel Summary |
|
Service Name |
|
|
|
|
Current Fiscal Year Cost |
Annual Fiscal Cost |
|
|
Labor |
Non-Labor |
Total |
Recurring Expenses |
|
Funding Sources |
|
|
Existing Budget |
|
|
|
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Existing Budget |
$ |
$ |
$ |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Sources |
$ |
$ |
$ |
$ |
|
Grants - Proposed Budget (For Grants Items only) |
|
|
Labor |
Non-Labor |
Total |
No. of Grant Years |
|
Local Match Source - Existing Budget: Choose an item. |
$ |
$ |
$ |
|
|
Local Match Source - Additional Budget Request: Choose an item. |
$ |
$ |
$ |
|
|
Grant Funds Applied for/Awarded (Total) |
$ |
$ |
$ |
|
|
Personnel (Fill out section only if requesting new PCNs) |
|
|
Current Position Count for Service |
- |
- |
- |
- |
|
Additional Positions Request |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: 5/8/2025
Anticipated Implementation Date (if different from Court date): Click or tap to enter a date.
Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item
Contact(s) name, title, department:
Jesse Dickerman, Interim County Administrator, Office of County Administration
Kera Backer, Project Manager, Office of County Administration
Attachments (if applicable): Recommendations on PAW Yield Opportunities