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 the utilization of $64,809,147.82 from the Harris County Flood Resilience Trust on 2018 Bond Program projects according to the methodology previously approved by Commissioners Court.
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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. On June 28, 2022, Commissioners Court approved a proposed methodology for utilization of funds from the Harris County Flood Resilience Trust, as well as an initial utilization request of $84,952,031 to assure that no 2018 Bond Program Project was delayed while additional partner funding is pursued. This request was made with the expectation that subsequent requests for additional funds from the Flood Resilience Trust would be on a bi-annual basis. A supplemental request was approved by Harris County Commissioners Court on October 25, 2022, to provide funding to several projects that needed Flood Resilience Trust dollars on a faster timetable, without changing the total anticipated project costs or Flood Resilience Trust needs.
This item is to request for approval to utilize $64,809,147.82 of Flood Resilience Trust funding will bring the total utilization to $164,991,649. All projects included in the current utilization request are eligible for Flood Resilience Trust funding based on the methodology pres...
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