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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TOWN OF BOYCE ACQUIRES NEW FIRE APPARATUS

Boyce, LA (April 2023) – The Town of Boyce announces the acquisition of a new Rosenbauer pumper. The new engine will be joining a fleet of five active vehicles and will allow for the fire department’s oldest engine to be placed on reserve. The addition of the apparatus also gives the city the opportunity to offer mutual aid to neighboring towns while maintaining an active engine at home for emergencies. “This acquisition wouldn’t have been possible without the town’s new half-cent sales tax for our department’s equipment purchases,” stated Boyce Fire Chief, Josh Harper. “We’re extremely grateful to our citizens for providing a means to acquire this new apparatus.”

The new engine is being supplied by Bonaventure Fire & Safety, and the town utilized the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) cooperative lease purchase program administered by Government Capital Corporation in Southlake, Texas to provide funding for the project.

“On behalf of the Council of the Town of Boyce, I would like to thank our citizens for trusting and believing in us and making this acquisition possible,” stated Mayor Kelvin McCoy, Town of Boyce. “We would also like to thank Government Capital for their assistance. Their expertise in Louisiana’s unique financing statutes made the financing process smooth and efficient, and they took great care of us.”

“I want to congratulate Chief Harper, Mayor McCoy, and the Town of Boyce on the acquisition of their new fire apparatus,” commented DC Greer, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Louisiana towns in meeting their goals and objectives.”

About the Town of Boyce

The town of Boyce lies on the Red River sixteen miles west of Alexandria. Incorporated in 1887, the town is one of the oldest settlements in the western part of Rapides Parish and is today home to over 1,000 residents. Early in its history, the Boyce area was home to numerous native American tribes and saw a variety of explorers and settlers. To learn more about the Town of Boyce, visit www.townofboyce.com.

About Louisiana Municipal Advisory and Technical Services Bureau (LaMATS)

The Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) was established in 1998 and is a wholly owned subsidiary of the Louisiana Municipal Association (LMA). The mission of LaMATS is to bring economical and efficient services that assist the LMA membership with their day-to-day business. LaMATS offers a variety of services and programs including Insurance Premium Tax Collection Program, Occupational License Program, LaMATS Purchasing Services, Millage Management, Municipal Debt Recovery, etc. To learn more visit www.lamats.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 billion in Louisiana and across the country. For more information, visit www.govcap.com.

Little Elm Texas adds Texas First Rentals

Little Elm Economic Development Corporation
Partners with Texas First Rentals

Little Elm Economic Development Corporation
Little Elm EDC in Little Elm Texas

Little Elm, Texas (August 22, 2017) – Little Elm Economic Development Corporation (EDC) announced the addition of Texas First Rentals to the Town of Little Elm. Texas First Rentals is the nationwide rental division of HOLT CAT (www.texasfirstrentals.com) and is anticipating an opening date of April, 2018.

The approximately 10,000 square foot building to be occupied by Texas First Rentals will include 3,000 square feet of sales offices and 7,000 square feet of service shop and retail space. The facility will be located on 10.3 acres east of Holt drive on U.S. Highway 380. Texas First Rentals’ partnership with Little Elm EDC will create 30 jobs and increase sales tax revenue for the city.

Government Capital Corporation based in Southlake, Texas, was chosen to finance the $3 million project. At the end of the 25 year financing term, ownership of the building will pass to Texas First Rentals.

Jennette Killingsworth-Espinosa, Executive Director of Little Elm EDC stated, “This project would not have been possible without the expertise and experience of our financing partner, Government Capital Corporation. We have completed multiple projects together and I highly recommend Government Capital Corporation to all Texas EDCs.”

“Congratulations to Mrs. Killingsworth-Espinosa and the team at Little Elm EDC for their foresight and ingenuity to create such a unique structure that provides a win-win for both Texas First Rentals and Little Elm for years to come,” said Kevin Lerner, Senior Vice President of Government Capital.

 About Little Elm Economic Development Corporation
Little Elm Economic Development Corporation is located in Little Elm, Texas, in Denton county and serves approximately 35,000 residents in the city with more shoreline than any other in North Texas. The EDC participates in four Tax Increment Reinvestment Zones for financing public improvements, as well as a Town Center Development branded as the Lakefront, offering new opportunities for retail and mixed use developers. For more information: www.littleelmedc.com

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Economic Development Corporations 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: 800-883-1199, www.govcap.com

Kerr CAD Utilizes Funding Program for Facilities in Texas

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