Primary Department: Commissioner, Precinct 4
Primary Department Head/Elected Official: Lesley Briones, Commissioner
Managing Department: Commissioner, Precinct 4
Managing Department Head/Elected Official: Lesley Briones, Commissioner
Regular or Supplemental RCA: Regular RCA
Type of Request: Investment Memo
Investment Memo Type: Preliminary Investment Memo
Project Name: Alief YMCA Purchase
Project ID (if applicable): Alief_YMCA
Vendor Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Achievement (if applicable): N/A
Justification for 0% MWDBE 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
Incremental Authorization Requested: 4,500,000.00
Total Estimated Project Cost: 4,500,000.00
Request Summary:
title
Request for approval of a Preliminary Investment Memo for the Alief YMCA Purchase project, for an initial amount of $4,500,000.00, and request for approval of initial commercial paper funding in the amount of $4,500,000.00.
end
Project Description:
The whole property located at 7850 Sugarland Howell Road, including the former Alief YMCA building and facilities, was recently permanently closed by the YMCA due to cuts in federal funding. Currently, there is no Harris County community center in the area, and due to the ongoing community need for County services, Precinct 4 is in negotiations to purchase the property and facilities, including all equipment. Precinct 4 will re-open the facility as a community center and services hub. It will also serve a public safety function by being used as a possible warming/cooling center during emergency response operations, as well as providing working space for local law enforcement entities.
Anticipated Project Expenditures and Timeline:
Project Scope Breakdown
Estimated Cost
Estimated Completion
Purchase of property and facility
$4,500,0...
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