Commissioners approve Government Capital financing with four-payment option
Summary
Brooks County approved a financing proposal from Government Capital Corporation using a four-payment option and rescinded a prior March 14 financing item during the March 22 special meeting.
The Brooks County Commissioners voted to rescind an earlier financing proposal from Government Capital Corporation presented on March 14, 2024, and then approved a new financing proposal using the four-payment option. Commissioner Eduardo "Eddie" Garza moved to rescind the earlier proposal; Commissioner Rolando Gutierrez seconded the motion to rescind, and the motion passed unanimously. Commissioner Marty "Martin" Cabrera then moved to approve the four-payment financing option and County Judge Eric Ramos seconded; that motion passed by unanimous roll call (Yes = 4).
The financing item is recorded in the meeting file; the transcript does not specify the financed amount or further terms. The court's actions replace the previous March 14 financing entry with the newly approved four-payment option.
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