Government Capital Corporation

Government Capital Corporatoin is a leading public finance firm offering its clients a broad range of financing solutions.

Molly Harrison

HITCHCOCK ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES LAND ACQUISITION

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Hitchcock, TX (October 2022) – The Hitchcock Economic Development Corporation (HEDC) announces the purchase of land which will be developed into new commercial opportunities, including both retail and restaurant space, for the city. Financing was provided by Government Capital Corporation, Southlake, Texas.

“The Hitchcock EDC is appreciative of Government Capital in assisting in the city’s downtown redevelopment efforts,” commented Tyler Robert, Executive Director, Hitchcock EDC. “Our hope is this project becomes a positive example for downtown redevelopment and small business growth for small communities similar to Hitchcock.”

“I would like to congratulate Tyler Robert and the Hitchcock EDC on this important acquisition,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “It is an honor to assist economic development entities in meeting their goals and objectives.”

About Hitchcock Economic Development Corporation

The Hitchcock Economic Development Corporation’s mission is to create a positive business environment, expand development opportunities and support local businesses, while promoting community involvement for the City of Hitchcock. With over 200 businesses in the City of Hitchcock, it is important to the Hitchcock EDC to understand, support, and enhance the existing business in the city. To learn more visit www.hitchcockedc.com

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

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CITY OF BOGALUSA RECEIVES NEW FIRE TRUCK

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Bogalusa, LA (September 2022) – The City of Bogalusa announces the delivery of a new front line fire truck. The new vehicle was delivered on August 4th and replaced an outdated engine which was in service for over 27 years. Ferrara Fire Apparatus supplied the truck and related equipment. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Partnering with Government Capital Corporation on multiple projects since 2013, their knowledge and experience are always of great value to us,” commented Richard Moody, Fire Chief, City of Bogalusa. “The professional team at Government Capital is a total pleasure to work with.”

“I want to congratulate Chief Moody and the City of Bogalusa on their new fire truck,” stated Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in providing financings which enable first responders to better serve their communities.”

About the City of Bogalusa

The City of Bogalusa is located in Washington Parish and was established where the Bogue Lusa Creek flows into the Pearl River. The city totals in 9.9 square miles and is home to over 11,000 residents. To learn more visit www.bogalusa.org

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Louisiana and across the country. Additionally, Government Capital Corporation serves as the administrator of the equipment lease financing program for the Louisiana Municipal Advisory and Technical Services Bureau (LAMATS). For more information, visit www.govcap.com

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WEBB COUNTY ANNOUNCES TECHNOLOGY UPGRADES

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Webb County, TX (September 2022) – Webb County announces the acquisition of new technology for the county’s police vehicles. The technology includes mobile radios, in-car video systems, and vehicle lighting packages. With some of the previous police equipment being obsolete and aging patrol units over 10 years old, the new police equipment funded will be added to new police units in order to provide more advanced police technology. The equipment is anticipated to be delivered by late fall of 2022. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation on multiple projects since 1998, we value their experience and knowledge of municipal financing,” commented Joe Angel Lopez III, Purchasing Agent, Webb County. “The professional team at Government Capital is always very responsive to our needs.”

“I would like to congratulate Mr. Lopez and Webb County on this important procurement,” stated Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting state and local government entities meet their needs and objectives.”

About Webb County

Webb County is located in south Texas along the Mexican border. The county was created on January 28, 1848, by the Texas legislature and is the 6th largest county in the state of Texas with 3,307 square miles and a population over 267,000. To learn more visit www.webbcountytx.gov

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

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BRECKENRIDGE ISD ANNOUNCES NEW LED VIDEO SCOREBOARD

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Breckenridge ISD, TX (September 2022) – Breckenridge ISD announces the purchase of a new LED video scoreboard for the districts football field. This replaces a scoreboard which was installed in 1998. The new scoreboard was delivered August 12th and will be ready for the high school’s first home football game on August 26th. “The district is looking forward to celebrating the 100th year of Buckaroo football with this new scoreboard,” stated Bryan Allen, Superintendent, Breckenridge ISD. Blackfin Sports Consulting LLC was chosen for project design and installation. Financing for was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation on multiple projects since 2000, their expertise and knowledge of the unique needs of Texas School Districts is always a great overall value to us,” commented Bryan Allen, Superintendent, Breckenridge ISD. “This upgrade is a great opportunity for our students in the graphic design and audio/visual programs at BHS to showcase their talents and instruction they have received.”

“I would like to congratulate Mr. Allen and Breckenridge ISD on this project,” stated Drew Whitington, Vice President, Government Capital Corporation. “It is always an honor to assist Breckenridge ISD, and many other school districts statewide, with a wide variety of projects.”

About Breckenridge ISD

Breckenridge ISD is a public school district located in Breckenridge, Texas and serves Pre-K-12th grade with a total of over 1,400 students. The district has two elementary campuses, one junior high school campus, and one high school campus. To learn more visit www.breceknridgeisd.org

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

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BEXAR COUNTY EMERGENCY SERVICES DISTRICT NO. 11 ANNOUNCES NEW FIRE STATION

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Bexar County, TX (August 2022) – The Bexar County Emergency Services District No. 11 announces the construction of a new fire station. The 12,853 square foot facility will include three apparatus bays, seven dorm rooms, Captain’s quarters, three administrative offices, a kitchen, SCBA area, fitness area, and other support, storage, and mechanical areas. Construction is anticipated to commence in October 2022 and be completed by September 2023. Management of the construction is being provided by Perez Project Consulting, Inc. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation on multiple projects since 2017, we trust and value their knowledge of financing for emergency services districts,” commented John True, Board President, Bexar County Emergency Services District No. 11. “The professional and experienced team at Government Capital Corporation exceeds our expectations.”

“I would like to congratulate Mr. True and the Bexar County Emergency Services District on this project,” stated Kevin Lerner, Senior Vice President, Government Capital Corporation. “It is an honor to be able to provide public safety entities with financings to help them meet their goals and objectives.”

About Bexar County Emergency Services District No. 11

Bexar County Emergency Services District No. 11 is a taxing entity created by voters on May 10, 2008, to levy taxes on its citizens residing within the district and utilizing those resources to fund fire & land safety services. The district provides professional fire protection and first responder services for a 6.5 square mile area of unincorporated Bexar County between the cities of Converse and Kirby. To learn more visit www.esd11.org

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

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TOWN OF BASILE TO UPGRADE WATER METERS

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  Basile, LA (August 2022) – The Town of Basile announces the upgrade of the town’s electronic water meters, including installation of an Automatic Meter Reading system. This upgrade will allow meters to be read and monitored more accurately as well as operate more efficiently while improving service to the residents of Basile. In addition to residents of the town, the water system serves customers in the immediate unincorporated areas surrounding the municipality. Prior to this improvement, the town spent an average of four or five days each month to manually read meters. The metering solution, including project design and installation, was provided by Core & Main.  The Town utilized the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) cooperative lease purchase program administered by Government Capital Corporation, Southlake, Texas to provide funding for the project.

“Our partnership with Government Capital Corporation enabled the town to make a much-needed improvement,” stated Mark Denette, Mayor, Town of Basile. “We were wanting to be more consistent with our billing to our customers and this upgrade has allowed us to do so.”

“I would like to congratulate Mayor Denette and the Town of Basile on this upgrade for the town,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “This project will benefit the town for many years to come.”

About the Town of Basile

The town of Basile (population 1,214) straddles U.S. Highway 190 in the southwestern corner of Evangeline Parish and the northwestern part of Acadia Parish.  Basile is the home of the La. Swine Festival, held the first weekend of November, annually, and locals host yearly traditional rural Mardi Gras runs. Pioneer Cajun musicians such as Dewey Balfa, Nathan Abshire, Boi Sec Ardoin and Nonc Allie Young started their music careers in Basile, which is also their hometown. The town is home to the Basile Bearcats and also the Nathan Abshire Cajun Music Museum.

About Louisiana Municipal Advisory and Technical Services Bureau (LaMATS)

The Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) was established in 1998 and is a wholly-owned subsidiary of the Louisiana Municipal Association (LMA). The mission of LaMATS is to bring economical and efficient services that assist the LMA membership with their day-to-day business. LaMATS offers a variety of services and programs including Insurance Premium Tax Collection Program, Occupational License Program, LaMATS Purchasing Services, Millage Management, Municipal Debt Recovery, etc. To learn more visit www.lamats.net

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Louisiana and across the country. For more information, visit www.govcap.com

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