Government Capital Corporation

Government Capital Corporatoin is a leading public finance firm offering its clients a broad range of financing solutions.

Read our Government Capital Corporation Blog

New Fire Trucks in Natchitoches District No. 4

By

NATCHITOCHES FIRE PROTECTION DISTRICT NO. 4 ORDERS THREE NEW TRUCKS

Natchitoches Fire Department District 4
City of Natchitoches Fire Department

Provencal, Louisiana (August 2017) – The Natchitoches Parish Fire Protection District No. 4 announced the order of three 3000 gallon pumper/tanker trucks manufactured by Fouts Bros Fire Equipment of Smyrna, GA. The 2018 model year trucks replace three trucks with model years ranging from 1982 to 1986. The new apparatus will be placed in service early next year. The District selected a tax exempt lease purchase contract structured by Government Capital Corporation as the most cost effective option for financing the purchase.

 

“The 12 year term provided by Government Capital Corporation allowed us the budget flexibility to afford three badly needed trucks. Additionally, the financing structure permitted us to avoid the cost and delay associated with traditional debt financing,” stated James Dupree, Assistant Fire Chief for the District.

“The enhanced service reliability and functional capabilities of the new tankers should meet the needs of the District constituents for many years. We take great pride in being able to provide financings that enable first responders to serve their communities better,” stated D.C. Greer, Vice President of Government Capital Corporation.

About Natchitoches Fire Protection District No. 4
Created in 1982, Natchitoches Fire District No. 4 is located in the southwest corner of Natchitoches Parish, Louisiana. The service area encompasses a population of approximately 1,600 and a service coverage area of over 305 square miles. The District responds to an average of 90 calls annually and operates out of six stations serving the communities of Provencal, Flora, Vowells Mill, Bellwood, Kisatchie and the Central Loop area. Like them on Facebook! 

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

Bexar Fire Station Financed by Government Capital

By

BEXAR COUNTY ESD NO. 11 FINANCES NEW FIRE STATION WITH GOVERNMENT CAPITAL CORPORATION

Emergency Service District No. 11 introduces Fire and Rescue Station No. 1

CONVERSE, TEXAS (July 2017) ‐ Bexar County Emergency Services District No. 11 announced today the approval and upcoming groundbreaking of their new of $3.2 million fire and rescue facility. The new station will be located at the northwest corner of Binz‐ Engleman Road and Texas Palm Drive.

With approximately 7,811 square feet to be developed on 2.161 acres, the building will include two bays for fire/emergency vehicles, a fully equipped living area, five rooms for fire and emergency personnel, offices, a conference room, and an area for all necessary emergency operations support items. The anticipated opening is Summer 2018.

“The financing structure provided by Government Capital Corporation allowed ESD 11 to save approximately $30,000 in closing costs as compared to a traditional real estate financing. It also eliminated the me and expenses associated with traditional real estate appraisal requirements and title policies,” stated John True, President of the Board of Directors for Bexar County ESD No. 11.

Gabriel Perez, President of Perez Project Consulting, Inc., provided consulting expertise throughout the development, planning and approval process for the City of San Antonio. Mr. Perez commented, “Our partnership with GCC was vital to our project’s success. Their experience allowed the project to proceed with great efficiency.”

About Kirby Fire Department District No. 11
Established May 2008, Bexar County ESD No. 11 contracts with the City of Kirby to provide firefighting and emergency response for northeast Bexar County, serving approximately 8,000 homes and businesses. Kirby Fire Department currently operates out of one station located at 5560 Ackerman Road. For more information: John True (210) 241‐4277 or Gabriel Perez (210) 683‐5222.

About Perez Project Consulting, Inc..
Perez Project Consulting, Inc. was established in April of 2007 to provide quality program and project management consulting services for capital improvement projects such as roads and bridges, utility expansions, athletic complexes, and facility development projects. For more information: (210) 683‐5222, gperez@ppcprojects.com.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Emergency Service Districts and 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: (800) 883‐1199, www.govcap.com.

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

Industrial Technology Center built by Bowie 4B and NCTC

By

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

By

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.

TREA Logo
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

By

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

SOUTHLAKE, TEXAS – 6th 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

By

Kerr Central Appraisal District Utilizes New Efficient Funding Program for Appraisal DistrictsKerr County Seal

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