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): 30%
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal is not 0% and is listed above
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 amending the previous authorization approving various actions to issue and sell Harris County, Texas, Permanent Improvement Refunding Bonds, Series 2025A, Unlimited Tax Road Refunding Bonds, Series 2025A, Harris County Flood Control District Improvement Refunding Bonds, Series 2025 and Flood Control District Contract Tax Refunding Bonds, Series 2025A.
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Background and Discussion:
On February 27, 2025, the court approved a Go Forward Order to issue Permanent Improvement Refunding Bonds, Series 2025A, Unlimited Tax Road Refunding Bonds, Series 2025A and Flood Control District Contract Tax Refunding Bonds, Series 2025A. This is to amend the Go Forward Order to authorize an additional bond: Flood Control District Improvement Refunding Bonds, Series 2025. The County intends to issue bonds in an amount not to exceed $650 million to refund certain outstanding bonds and refund CP Notes, Series C, Series D, Series D-2 and Series D-3 to restore CP capacity.
Expected Impact:
Restore CP capacity and savings for refunding bonds.
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 ...
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