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FINANCIAL_SERVICESAPPROVED

Coleman Independent School District Minutes Regular Meeting 2026-04-20

HVAC Retrofit Project Receives $2 Million Financing Approval

$2,000,000 at 4.558% interest for 10 annual paymentsColeman IsdGOVERNMENT CAPITAL CORPORATIONApril 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Coleman ISD approved a financing contract with Government Capital Corporation in the amount of $2,000,000 for the HVAC Retrofit project. The deal features 10 annual payments at a 4.558% interest rate.

Contract Details

Contract Amount

$2,000,000 at 4.558% interest for 10 annual payments

Vendor

GOVERNMENT CAPITAL CORPORATION

Agency

Coleman Isd, TX

Contract Type

FINANCIAL_SERVICES

Document Date

April 20, 2026

Contract Term

10 annual payments

Renewal Date

2036-04-20

Renewal Info

10-year term, no auto-renewal; fixed financing for project duration.

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