Government Capital Corporation

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

Land

BRIDGEPORT ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES REAL ESTATE ACQUISITION

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Bridgeport, Texas (October 2023) – The Bridgeport Economic Development Corporation (Bridgeport EDC) announces the acquisition of two parcels of land. One site is adjacent to the EDC’s current industrial park, Endeavor Bridgeport, and will be used for further industrial development. The other site sits beside the City of Bridgeport’s water treatment facility and provides space to expand the facility as well as other city departments. “The City of Bridgeport appreciates BEDC for the shared vision that we have for our town and the partnership and teamwork that makes it a reality,” stated Mike Murray, City Manager, City of Bridgeport. Planning for the sites will begin this fall. Financing for the acquisition was provided by Government Capital Corporation, Southlake, TX.

“Bridgeport EDC is proud to expand Endeavor Bridgeport for future industrial development and to have the opportunity to partner with the City of Bridgeport to expand infrastructure for commercial and residential services,” stated Leah Clark, Executive Director, Bridgeport EDC. “We are thankful for Government Capital’s part in making our project a reality. Their expertise in the unique challenges facing EDCs was extremely valuable to us.”

“I would like to congratulate Leah Clark and the Bridgeport EDC on this acquisition and applaud them for the important work they have accomplished for the improvement and growth of the City of Bridgeport,” stated Matt Sullivan, Municipal Finance Specialist, Government Capital Corporation. “Government Capital is proud to partner with Texas Economic Development Corporations and support Texas communities.”

About Bridgeport Economic Development Corporation

The Bridgeport Economic Development Corporation coordinates economic assistance and incentive agreements for business entities seeking to expand or relocate to Bridgeport. The Bridgeport EDC encourages the entrepreneurial spirit and pursues economic development through “4A” eligible projects. To learn more about the Bridgeport EDC, visit www.bridgeportedc.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

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

EARLY MUNICIPAL DEVELOPMENT DISTRICT ANNOUNCES LAND ACQUISITION

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Early, Texas (January 2023) – In 2022, the City of Early welcomed a new Petco location to its highest desired commercial corridor. As the Petco construction began, the Early Municipal Development District noticed a portion of the site on which Petco was constructing its new facility was going unused. Upon further discussions, Early MDD learned Petco was considering using the land for a dog park. However, unbeknownst to Petco, Early MDD already had a project underway building a dog park nearby at a new 30-acre park and recreational area.

After sharing the park plans with Petco, Early MDD reached an agreement with the developer to purchase the unused land to be used for further economic development.  “Purchasing this property is a win for both parties and is an excellent example of how the City of Early and Early MDD employ public-private partnerships for the good of all involved,” said Larry McConn, Director of Economic Development. Financing for this project was provided by Government Capital Corporation, Southlake, Texas.

“Early MDD is proud to have made this investment in providing for future economic growth for the City of Early,” says Larry McConn. “Having partnered with Government Capital previously, we were pleased to once again turn to them for their experience and expertise in the unique challenges facing municipal development districts.”

“I would like to congratulate Larry McConn and the Early MDD on their work and foresight on this acquisition,” 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 2,776, 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 has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

WYLIE ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES PUBLIC INFRASTRUCTURE IMPROVEMENTS

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Wylie, TX (September 2022) – The Wylie Economic Development Corporation (WEDC) announces an infrastructure project intended to spur economic growth within the city of Wylie. This infrastructure project will unlock acreage and help promote development throughout the city. Once the project begins, the 544 Gateway Property as well as Hwy 78 & Brown will be the first locations to break ground. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s broad understanding of the unique challenges facing economic development entities allowed us to begin a project which is greatly needed for the City of Wylie,” commented Jason Greiner, Executive Director, Wylie EDC. “It was a total pleasure to work with the professional and experienced team at Government Capital.”

“I would like to congratulate Jason Greiner and the Wylie EDC on this project,” stated Stephanie Cates, Senior Vice President, Government Capital Corporation. “This is a great example of leaders proactively acting on the improvements and opportunities for their community.”

About Wylie Economic Development Corporation

Wylie Economic Development Corporation is located in Collin County and only 24 miles away from downtown Dallas. Since the early 1990s, WEDC has worked diligently to increase local area employment opportunities, while also diversifying and strengthening the local tax base. Over the years, the WEDC has worked with the City of Wylie to become a catalyst for revitalization along our major thoroughfares. Some of the current efforts can be seen along FM 544 and Hwy 78. To learn more visit www.wylieedc.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 has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

WALKER COUNTY APPRAISAL DISTRICT ACQUIRES NEW FACILITY

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Huntsville, TX (December 2022) – The Walker County Appraisal District (Walker CAD) announces the acquisition of a new 14,000 square foot facility. The building represents a welcome upgrade for the growing district from its current 5,600 square foot office. The Walker CAD staff has officed in their current building since the early 1980s, so the team is excited for the upcoming move. The anticipated move-in date is February 2023 after the team completes their current tax cycle and finishes preparing the new space. The building was purchased from Sand-Spur Properties LTD, and financing was provided by Government Capital Corporation in Southlake, Texas.

“Government Capital was very instrumental in facilitating this acquisition. The unwavering support from our Board of Directors and unanimous approval from our jurisdictions confirmed what a great fit this property was, and Government Capital’s experience and expertise in working with our unique requirements is what allowed us to close the deal,” stated Stacey Poteete, Chief Appraiser, Walker CAD.

“I want to congratulate Stacey Poteete and Walker CAD on this acquisition,” commented Stephanie Cates, Vice President, Government Capital Corporation. “We take great pride in assisting Texas Appraisal Districts to meet their goals and objectives.”

About Walker County Appraisal District

Walker CAD is responsible for appraising all real and business personal property within Walker County. The Walker County Appraisal District offices are located in Huntsville, TX and serve over 75,000 residents in 11 jurisdictions. The City of Huntsville is home to Sam Houston State University and Walker County is home to the Sam Houston National Forrest. To learn more about Walker CAD visit walkercad.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 has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com.

HITCHCOCK ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES LAND ACQUISITION

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Hitchcock, TX (October 2022) – The Hitchcock Economic Development Corporation (HEDC) announces the purchase of land which will be developed into new commercial opportunities, including both retail and restaurant space, for the city. Financing was provided by Government Capital Corporation, Southlake, Texas.

“The Hitchcock EDC is appreciative of Government Capital in assisting in the city’s downtown redevelopment efforts,” commented Tyler Robert, Executive Director, Hitchcock EDC. “Our hope is this project becomes a positive example for downtown redevelopment and small business growth for small communities similar to Hitchcock.”

“I would like to congratulate Tyler Robert and the Hitchcock EDC on this important acquisition,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “It is an honor to assist economic development entities in meeting their goals and objectives.”

About Hitchcock Economic Development Corporation

The Hitchcock Economic Development Corporation’s mission is to create a positive business environment, expand development opportunities and support local businesses, while promoting community involvement for the City of Hitchcock. With over 200 businesses in the City of Hitchcock, it is important to the Hitchcock EDC to understand, support, and enhance the existing business in the city. To learn more visit www.hitchcockedc.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 has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

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