Government Capital Corporation

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

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CITY OF CUERO ANNOUNCES VEHICLE FLEET ACQUISITIONS

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Logo for the City of CueroCuero, TX (October 2023) – The City of Cuero announces the acquisition of dozens of new vehicles for multiple city departments including Emergency Services, Public Works, and Parks & Recreation. The fleet includes new vehicles to accommodate substantial growth of the city as well as replacements for outdated models. Due to newly available funds, the city had the opportunity to undertake the fleet update project. The updates will allow the city to begin its Vehicle Replacement Cycle with a fresh inventory. Delivery of the vehicles has begun and is anticipated to continue throughout the next 12 months. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital since 2015, we had a great experience turning to the team once again,” stated Connie Hawes, Finance Director, City of Cuero. “They were able to extend our rate-lock in a rising interest rate market, and their experience and expertise were evident throughout the project.”

“I want to congratulate Connie Hawes and the City of Cuero on their vehicle fleet updates,” commented Matt Sullivan, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Cuero

Located in DeWitt County in South Texas, the City of Cuero was founded in 1873 and is home to over 8,000 residents. In the early 20th century, the city became known for its turkey farming and established the herding of turkeys to the packing house as the Turkey Trot in 1912. Today, the city commemorates the Turkey Trot with an annual Turkeyfest every October. To learn more about the City of Cuero, visit www.cityofcuero.com.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5.8 billion in Texas and across the country. For more information, visit www.govcap.com.

HAMILTON CENTRAL APPRAISAL DISTRICT ACQUIRES OFFICE BUILDING

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Hamilton, TX (September 2023) – The Hamilton Central Appraisal District (Hamilton CAD) announces the acquisition of an office building to house the CAD’s future operations. The facility is currently undergoing renovations to meet ADA requirements and to provide a lobby for guests. Having been in the current building for over thirty years, the Hamilton CAD team is looking forward to moving into the updated facility by the end of 2023. Financing for the acquisition and facility improvements, including creation of the conduit financing structure, was provided by Government Capital Corporation in Southlake, Texas.

“Working with Government Capital on this acquisition and renovation was a great experience,” stated Codi Ann McCarn, Chief Appraiser, Hamilton CAD. “We were on a tight deadline, and the GCC team made everything happen very quickly and efficiently. Their expertise was evident, particularly in their knowledge of the unique financing statutes for Texas CADs.”

“I want to congratulate Codi Ann McCarn and the Hamilton CAD on their new office building,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We’re proud to assist Texas appraisal districts in meeting their goals and objectives.”

About Hamilton Central Appraisal District

Hamilton CAD is responsible for appraising all real and business personal property within Hamilton County. The Hamilton Central Appraisal District offices are located in Hamilton, TX and serve over 8,000 residents across 10 taxing entities. Hamilton County was founded in 1858 and is situated southwest of the Dallas-Fort Worth Metroplex. To learn more about Hamilton CAD visit www.hamiltoncad.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5.8 billion in Texas and across the country. For more information, visit www.govcap.com.

TRAVIS COUNTY ESD 7 ACQUIRES NEW LADDER TRUCK AND RESCUE PUMPER

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Travis County ESD 7 Ladder Truck

Travis County ESD 7 logoJonestown, Texas (October 2023) – Travis County ESD 7 announces the acquisition of a new ladder truck and rescue pumper. The ladder truck is replacing an engine that served the district for over 20 years and the rescue pumper is replacing a model from 1994. The vehicles will be joining a fleet of 37 emergency services vehicles. The ladder truck was delivered on July 31 this summer, and the rescue pumper is anticipated to arrive by November. Financing for the apparatus was provided by Government Capital Corporation, Southlake, Texas.

“Having financed numerous acquisitions with Government Capital since 2017, we know we can rely on their experience and expertise,” stated Donnie Norman, Fire Chief, Travis County ESD 7. “We always go to Government Capital because their financing program allows us to continually replace aging vehicles and keep our fleet updated.”

“I want to congratulate Chief Donnie Norman and Travis County ESD 7 on their new apparatus,” commented Ed King, Senior Vice President, Government Capital Corporation. “We take great pride in partnering with Texas Emergency Services Districts to help them achieve their goals and objectives.”

About Travis County ESD 7

Travis County Emergency Services District No. 7 serves Northwest Travis County, Lake Travis, and the cities of Lago Vista, Jonestown, and Point Venture. The Travis County ESD 7 team consists of 70 full-time firefighters. To learn more about Travis County ESD 7, visit www.tcesd7.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5.7 billion in Texas and across the country. For more information, visit www.govcap.com.

CITY OF CORRIGAN ANNOUNCES CITY-WIDE WATER METER PROJECT

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City of Corrigan logoCorrigan, TX (September 2023) – The City of Corrigan announces the implementation of a city-wide water meter upgrade project. The radio-read system will collect and transmit data remotely, allowing the city to recapture water loss and reallocate valuable manpower. The project is anticipated to be completed by the end of October. System design and installation of the project is being provided by Core & Main. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital since 2006, we greatly value the company’s experience and expertise,” stated Darrian Hudman, City Manager, City of Corrigan. “I can always count on the Gov Cap team to answer all my questions and provide high quality service.”

“I want to congratulate Darrian Hudman and the City of Corrigan on their water meter upgrades,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Corrigan

Located in Polk County in East Texas, the City of Corrigan was incorporated in 1938 and is home to over 1,400 residents. The town was named after Pat Corrigan who was the conductor of the first train to pass through the town on the Houston East and West Texas Railway when it was completed in 1881.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5.7 billion in Texas and across the country. For more information, visit www.govcap.com.

EARLY MUNICIPAL DEVELOPMENT DISTRICT ACQUIRES NEW RETAIL SITE

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Early MDD logoEarly, Texas (August 2023) – The Early Municipal Development District (Early MDD) has recently acquired 1.25 acres of land in the heart of its Retail Trade Area. The land is currently being cleared to make room for new construction of a restaurant or retail store. The Early MDD is looking forward to redeveloping this vital location and creating an opportunity for revenue for the city. Financing for the land was provided by Government Capital Corporation, Southlake, TX.

“Early MDD greatly appreciates having partnered with Government Capital for over 10 years,” stated Larry McConn, Director of Economic Development, Early MDD. “Gov Cap’s experience and expertise in the unique challenges facing municipal development districts is evident throughout the financing process.”

“I would like to congratulate Larry McConn and the Early MDD on this acquisition and applaud them for the hard work they have put in to grow the city of Early,” stated Stephanie Cates, Vice President, Government Capital Corporation. “Government Capital is proud to partner with Texas Municipal Development Districts and support Texas communities.”

About Early Municipal Development District

The Early Municipal Development District was formed in May of 2016 by a vote by the citizens of Early, TX. The City of Early has a population of 3,129, and the MDD has a Retail Trade Area population of over 80,000. For more information on Early MDD and their Town Center project, visit www.earlytx.net.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5.7 billion in Texas and across the country. For more information, visit www.govcap.com

CITY OF MARBLE FALLS ANNOUNCES CAPITAL EQUIPMENT ACQUISITIONS

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City of Marble Falls logoMarble Falls, TX (August 2023) – The City of Marble Falls has begun the process of acquiring new capital equipment for a variety of city departments. The acquisitions include police vehicles, heavy equipment, and 911 radio technology to remain up-to-date and to provide the best service to citizens. The city has begun implementation of the new 911 technology and anticipates delivery of the vehicles and heavy equipment by the end of September. Financing for the acquisitions was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital for almost 10 years, we know we can count on Gov Cap for all our financing needs,” stated Jeff Lazenby, Finance Director, City of Marble Falls. “The team is very responsive, and their expertise is evident in their seamless process and competitive rates.”

“I want to congratulate Jeff Lazenby and the City of Marble Falls on their capital equipment acquisitions,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Marble Falls

The City of Marble Falls is home to over 7,200 residents and is located in the middle of the Texas Hill Country. Incorporated in 1907, the falls the city is named for actually run over a limestone deposit whose coloring was first mistaken for marble. Today, the city offers numerous attractions for residents and visitors alike from hiking, boating, and fishing to shopping, dining, and relaxing. To learn more about the City of Marble Falls, visit marblefallstx.gov.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5.7 billion in Texas and across the country. For more information, visit www.govcap.com.