Department: Management and Budget
Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Regular or Supplemental RCA: Regular RCA
Type of Request: Commercial Paper
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Request Summary (Agenda Caption):
title
Request for approval of an order amending Third Amended and Restated Order authorizing the issuance of Harris County Flood Control District Limited Tax Commercial Paper Notes Series H and Series H-2; authorizing the execution of documents and instruments in connection therewith including commercial paper Dealer Agreements; approving commercial paper Offering Memoranda; authorizing and ratifying other actions; making certain findings with respect thereto; and containing other provisions relating to the subject.
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Background and Discussion:
Citi Group is the current dealer for CP Notes, Series H and H-2 however, Citi is exiting the municipal business. The County has selected Bank of America as the new dealer for Series H and H-2.
Expected Impact:
New dealer for CP, Series H and Series H-2.
Alternative Options: N/A
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
X Flooding
_ Environment
_ Governance and Customer Service
Prior Court Action (if any):
Date
Agenda Item #
Action Taken
Location:
Address (if applicable):
Precinct(s): Choose an item.
Fiscal and Personnel Summary
Service Name
Commercial Paper
Current Fiscal Year Cost
Annual Fiscal Cost
Labor
Non-Labor
Total
Recurring Expenses
Funding Sources
Existing Budget
Bonds
$
$
$
$
Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Total Current Budget
$
$
$
$
Additional Budget Request (Requires Fiscal Review Request Form)
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