Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Bonds
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 of an order authorizing the issuance, sale and delivery of Harris County Flood Control District Contract Tax Refunding Bonds, Series 2025A; authorizing the authorized representative to approve the amounts, interest rates, prices, terms and redemption provisions thereof; approving the preparation of financing documents and prescribing the terms and form thereof; authorizing the preparation and distribution of an Official Statement in connection with the sale of the bonds; and making other provisions and other activities regarding the issuance and administration of such bonds including the opening of bank accounts.
...end
Background and Discussion:
Flood Contract Tax Refunding Bonds, Series 2025A will be issued in an amount not to exceed $65M to refund and defease all or a portion of Flood Contract Tax Ref Bonds, Series 2014A and 2015B for savings.
Expected Impact:
Debt service savings.
Alternative Options: N/A
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): Choose an item.
Infrastructure Initiative (Goal 2): Choose an item.
Economy Initiative (Goal 3): Choose an item.
Health Initiative (Goal 4): Choose an item.
Climate/Resilience Initiative...
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