Austin, Texas (August 2019) – The Travis Central Appraisal District announces the purchase and renovation of the former National Western Life Insurance Building in North Austin. After various renovations are completed, the 73,000 square foot facility will serve as the Travis Central Appraisal District’s main office. With construction currently underway, the renovations are expected to be completed in the Spring of 2020.
Marya Crigler, Chief Appraiser of Travis Central Appraisal District stated, “The much needed facility renovations will allow us to better serve the constituents of Travis County for many years.” Travis CAD selected Government Capital Corporation as the financing solution for the project and Naman, Howell, Smith & Lee, PLLC served as bond counsel in connection with the project.
“This is a great example of dedicated leaders being responsible with their resources and diligently assessing the needs of the Appraisal District,” stated Stephanie Cates, Government Capital Corporation Vice President of Client Services. “We would like to congratulate Marya Crigler, Chief Appraiser, and the Travis Central Appraisal District Board for their work and foresight.”
About Travis Central Appraisal District
The mission of Travis Central Appraisal District, in accordance with the Texas Constitution and the laws of the state, is to provide accurate appraisal of all property in Travis County at one hundred percent market value, equally and uniformly, in a professional, ethical, economical and courteous manner, working to ensure that each taxpayer pays only their fair share of the property tax burden. Today the Travis Central Appraisal District appraises property of approximately 873 square miles and is responsible for almost 380,000 tax accounts. For more information, visit www.traviscad.org.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to appraisal districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Texas and across the nation. For more information, visit www.govcap.com.
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