Sharilyn Castaneda

Industrial Technology Center built by Bowie 4B and NCTC

July 1, 2017

BOWIE 4B SALES TAX CORPORATION AND NORTH CENTRAL TEXAS COLLEGE PARTNER TO BUILD NEW INDUSTRIAL TECHNOLOGY CENTER

Board breaking ground on industrial tech center — Bowie 4B Board breaking ground for new industrial technology center.

BOWIE, TEXAS (JULY, 2017) – The Bowie 4B Sales Tax Corporation announced today their successful collaboration with North Central Texas College to build a new $2.9 million wing at the branch campus of North Central Texas College in Bowie.

The 8,750-square-foot Industrial Technology Center will be home to a welding and machining lab and also be the new location for the petroleum technology program. The new building will be located southeast of the present building on the NCTC Bowie Campus which originally opened in January of 2000 at 810 South Mill Street.

Government Capital Corporation was chosen to provide financing for $2.1 million of the project. Janis Crawley, Executive Director for the Bowie 4b Sales Tax Corporation and Economic Development Corporation, stated, “Government Capital made the process smooth. They walked me through each step of the process and responded quickly to our questions and needs so that the funding was completed very efficiently and quickly.”

About Bowie 4B Sales Tax Corporation

The City of Bowie adopted the 4B Sales Tax that is governed by the Texas Development Corporation Act of 1979 4B and subsequent amendments and regulations pertaining to the use of 4B economic development sales tax revenues. Bowie adopted the additional sales tax primarily for the purpose of building and maintaining the building site used for the Bowie campus of the North Central Texas College (NCTC). For more information: www.BowieTexasEDC.com

About North Central Texas College Bowie Campus

Based in an area that serves a largely rural population with socio-economic challenges, the North Central Texas College Bowie campus focuses to fill the need for higher education and skilled workforce training to provide a bright future for Montague County citizens. Their campus is committed in its continuous outreach to enhance the lives of rural Texans. For more information: www.nctc.edu/campuses/bowie.html

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to Sales Tax Corporations, schools and all other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Texas and across the country. For more information: www.govcap.com , 800-883-1199.

Contact: Kevin Lerner, 817-722-0216, Kevin.Lerner@govcap.com
; Stephanie Cates, 817-722-0214, Stephanie.Cates@govcap.com

GCC Sponsors Scholarships to Outstanding TREA Students

June 29, 2017

Every year TREA recognizes students from around the area and collaborates with community partners to provide scholarships. Government Capital Corporation is passionate about education and future leaders.

Government Capital Corporation Provides Scholarships to Outstanding Students

Congratulations to the 27 students who were awarded scholarships for the 2016-2017 school year from the Texas Rural Education Association. Government Capital Corporation is grateful to sponsor three scholarships this year. We look forward to see these students grow as community leaders.

GCC has the privilege of sponsoring these three outstanding individuals. Richard Holmes and Kade Crouch of Hillsboro ISD and McKynzi Harper of Avery ISD.

Marcola Updates Education Facilities

June 6, 2017

MARCOLA SCHOOL DISTRICT TAKES STEP FORWARD IN UPGRADING THEIR FACILITIES IN MARCOLA, OREGON WITH FUNDING PROVIDED BY GOVERNMENT CAPITAL CORPORATION

SOUTHLAKE, TEXAS – 6^th of June, 2017: Government Capital Corporation, a renowned public finance organization dedicated to providing financing solutions to corporations, institutions and public entities is proud to announce a project in Marcola, Oregon for Marcola School District. GCC was able to facilitate funding $336,500 to upgrade the school district’s current facilities and implemented efficiency improvements. The financing will cover a wide range projects including; New buses, new roof, upgraded boiler room, painting and lining of the gym floor ($20,000), a fresh coat of paint and gutters.

Marcola School District No. 79.J has taken positive strides in making the schools district better for the entire community. Superintendent, Mr. Bill Watkins, has a clear vision of what needs to be done and is making the necessary improvements. Monetary and human resources have been properly allocated to achieve the best results. Watkins exemplified true leadership in the process and has implemented change that will move the district forward for years to come.

“I want to congratulate Marcola Public Schools for being proactive in upgrading their facilities and maximizing their limited operational resources,” stated Stephanie Cates, Government Capital Corporation Client Manager. “Like most superintendents, Mr. Watkins, is continually being asked to do more with less. We at Government Capital are proud to have partnered with the district on a project which will deliver tremendous benefits to the students.”

Facility upgrades are an important factor in the overall success of the district and more importantly the development of the students and faculty. District facilities and resources are the foundation of academic excellence. Government Capital Corporation is proud to support Marcola School District during this exciting time. [Read more…] about Marcola Updates Education Facilities

Kerr CAD Utilizes Funding Program for Facilities in Texas

May 1, 2017

Kerr Central Appraisal District Utilizes New Efficient Funding Program for Appraisal Districts

Southlake, Texas. (May 2017) Kerr Central Appraisal District utilized a new financing program for the funding of their new facility. Using the new program designed by Government Capital Corporation, the District was able to save significant time and financial resources.

The program, specifically designed for Appraisal Districts has several advantages when compared to more traditional forms of financing. First, an Appraisal District may finance 100% of their project’s cost. Second, the District’s borrowing power is enhanced by virtue of the twenty year fixed rate terms offered by the program. Third, the District saves substantial time and money on real estate financings in that property appraisals are not required and a title certificate may be utilized in lieu of a complete title policy.

“Government Capital made the process smooth. They walked me through each step of the process and responded quickly to our questions and needs.” stated Mrs. Sharon Constantinides, Chief Appraiser.

“I want to congratulate Mrs. Constantinides and the Board for their foresight and leadership with the upgraded facilities which will benefit the Appraisal District for many years,” stated Drew Whitington, Government Capital Corporation Client Manager.

About Kerr Central Appraisal District – Kerrville, Texas
Kerr Central Appraisal District is responsible for appraising all real and business personal property for 18 taxing entities in Texas. The District encompasses an area greater than 1,100 square miles and approximately 39,000 properties.

About Government Capital Corporation – Southlake, Texas
Government Capital Corporation is a leading public finance firm providing professional financing services to local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Texas and across the country. For more information, visit https://www.govcap.com