Unlock Savings to Help Fund Facility Improvements
For rural communities, funding massive mechanical or structural upgrades out of pocket can be a budgetary impossibility. By bundling overdue infrastructure updates, HVAC modernizations, and deferred maintenance repairs into a single performance contract, the real-world savings help pay for the new equipment over time. We assume the operational risk, allowing you to breathe new life into your public buildings from the foundation to the roof without straining local taxpayers.
Tax Exempt Municipal Lease Financing
CORE assists with securing tax-exempt municipal lease financing. This lease is basically a conditional sales contract disguised in the form of a lease, which is only available to municipalities. Under this lease type, the interest earnings on the lease are tax-exempt to the lessor and the lender purchasing/discounting the lease. It is noted that a municipal lease would never be considered a true or tax lease, as this lease must be structured with a $1.00 buyout at the end of the base lease term.
- 100% financing
- $1.00 buyout only
- Reserved only for municipalities, including but not limited to:
- Cities
- Counties
- Park Districts
- County/City-owned hospitals and clinics
- School Districts
- Fire Departments