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