Harris County Logo
File #: 22-3840    Version: 1 Name:
Type: Financial Authorization Status: Passed
File created: 6/16/2022 In control: Commissioners Court
On agenda: 6/28/2022 Final action: 6/28/2022
Title: Request for approval of a recommended methodology for determining Harris County Flood Resilience Trust eligibility and the utilization of funds from the Harris County Flood Resilience Trust on 2018 Bond Program projects according to that methodology.
Attachments: 1. 2022_04_19FloodResilienceTrustFunding
Department: Flood Control District
Department Head/Elected Official: Tina Petersen, Ph.D., P.E., Executive Director

Regular or Supplemental RCA: Regular RCA

Type of Request: Financial Authorization

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 a recommended methodology for determining Harris County Flood Resilience Trust eligibility and the utilization of funds from the Harris County Flood Resilience Trust on 2018 Bond Program projects according to that methodology.
end

Background and Discussion:
On June 29, 2021, the Harris County Commissioners Court established the Flood Resilience Trust to act as a backstop for 2018 Bond Program projects with anticipated partnership funding gaps and projects with contingency funding needs. Commissioners Court directed the Flood Control District to use an updated Prioritization Framework to allocate funds from the Trust.

On April 26, 2022, the Harris County Flood Control District transmitted the "2022 Prioritization Framework for the Allocation of Funds from the Harris County Flood Resilience Trust" to Commissioners Court, in response to this directive.

To implement that framework, recommendations are submitted for Commissioners Court's consideration along with an initial request for utilization of $84.95 million in Flood Resilience Trust funds, including the following:

* Recommended methodology for determining whether a project is eligible to access funds from the Flood Resilience Trust;
* A summary of the existing and anticipated future available funds in the Flood Resilience Trust;
* A summary of partnership funding awarded and anticipated partnership funds that have not yet been awarded to 2018 Bond Program projects;
* Details of the current re...

Click here for full text