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File #: 24-2281    Version: 1 Name:
Type: Commercial Paper Status: Agenda Ready
File created: 4/10/2024 In control: Commissioners Court
On agenda: 4/23/2024 Final action:
Title: Request for approval of commercial paper funding for the Harris County Law Enforcement Agencies for the Law Enforcement Personnel Equipment project in the additional amount of $1,955,000 for a total CP funding of $2,955,000.
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Department: Management and Budget
Department Head/Elected Official: Daniel Ramos, Executive Director

Regular or Supplemental RCA: Regular RCA

Type of Request: Commercial Paper

Project ID (if applicable): LAWEQUIP
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 commercial paper funding for the Harris County Law Enforcement Agencies for the Law Enforcement Personnel Equipment project in the additional amount of $1,955,000 for a total CP funding of $2,955,000.
end

Background and Discussion:
Commercial Paper Series D can be used for (1) construction of public works, (2) the purchase of automobiles, equipment and machinery, including computers, materials and supplies for the operation of the County's precincts and departments (3) Professional services, including services provided by engineers, architects, attorneys, auditors, financial advisors, and fiscal agents, in connection with the contractual obligations described in (1) and (2).

Commercial Paper is being requested for the Law Enforcement Personnel Equipment project and is expected to be repaid within the next three fiscal years either through bonds, budgetary means or pay-as-you-go sources. This is for approval for allocation of commercial paper for a previously approved project within the previously authorized amount.

HB 1869 compliance confirmed by: Michael James, Special Assistant County Attorney, October 21, 2022.

Expected Impact:
This project is to purchase tasers and body armor for law enforcement officers in Harris County, including the Harris County Sheriff's Office, the Fire Marshal, and all 8 Constable precincts. Tasers and body armor are essential items for the safety of the officers and the public.

Alternative Options:
The County could choose a diffe...

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