To: Harris County Commissioners Court
Through: Mike Post, County Auditor, Auditor’s Office
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Prepared By: Reggie Yancey, Director, Accounts Payable
Subject: Audited Claims
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Project ID (If applicable]:
Purpose and Request:
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Request by County Auditor for approval of a payment in an amount not to exceed $28,877,439.39 to National Land Tenure Company, LLC, for the purchase of the property known as 1111 Fannin Street, subject to the authorization of an agenda item made by the Budget Management Department to finalize the purchase price.
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Background and Discussion: NA
[INSTRUCTIONS: In this section should concisely provide any background and analysis that the Commissioners Court needs to fully understand the action being requested. Please limit background to 3-4 sentences and include any reference to when this item was previously considered by Court. Background should include reference to study or order that led to this item or if the item is a result of compliance with any specific law or statutory requirements.]
Fiscal Impact: NA
[INSTRUCTIONS: A short description of the cost of the request and where you are requesting funding from. No more than 2 sentences. In addition please fill out the table below. This includes financial impact to the current fiscal year and subsequent fiscal years along with the source of funding (general fund, grant, etc.). If the amount is within the current budget, please indicate the amount from ‘Existing Department Budget'. If all of or part of the request is a new expense, please indicate funding source in the space provided.]
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Fiscal Summary |
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Expenditures |
FY 20-21 |
FY 21-22 Projected |
Future Years Projected [3 additional years] |
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Service Impacted: [Please provide service or division where expenditure will be used]* |
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Existing Budget |
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Additional Appropriation Requested |
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Total Expenditures |
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Funding Sources |
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Existing Department Budget |
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Please Identify Funding Source (General Fund, PIC, Special Revenue, Grant, Etc.) |
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[INSERT FUNDING SOURCE HERE]* |
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Total Sources |
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Alternatives:
Alignment with Strategic Objective:
Attachments: Court Letter