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Government Capital Corporation

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

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Government Capital Corporation Has Been Awarding Scholarships for 20 Years

July 2, 2018 By GovCap

“GCC provides the scholarships funds to these students because they are the very fiber in which our Country was founded hard work, integrity, and the desire to make a better life for themselves and those around them,” said Drew Whitington, Client Services Manager of Government Capital Corporation in Southlake, Texas.

For 20 years, Government Capital Corporation has been involved with awarding annual scholarships to deserving young students graduating from high school. Kevin Lerner, Government Capital Securities Corporation Municipal Advisor and Senior Vice President with Government Capital Corporation, was instrumental in getting GCC involved over 2 decades ago. GCC is one of the longest running sponsors of the Texas Rural Education Association (TREA). Since 1992, the TREA has been dedicated to improving teaching and learning in the rural schools of Texas.

“We understand that smaller districts are often overlooked because of their lack of size and clout,” continued Whitington. “We offer services which are beneficial to school districts who are small and who need our expertise in public sector financing to stretch every dollar. As a current Gold Sponsor for the TREA, GCC takes great pride in knowing the funds that are invested into TREA are used to promote Texas rural schools which create the best of the best leaders of tomorrow.”

Whitington and Jana Offutt, Client Services Representative, were in attendance at the 26th annual TREA Summer Conference on June 27, 2018 at the Dallas/Fort Worth Marriott Hotel & Golf Club at Champions Circle near the Texas Motor Speedway. GCC was privileged to award scholarships to Tabitha McKinney of Cisco ISD and Ashlynn Eubanks from Chapel Hill ISD.


If you have any questions about our involvement with the TREA, contact Drew Whitington at 817-722-0212.

 

Filed Under: Education

TENSAS FIRE PROTECTION DISTRICT NO. 1 PUT TWO NEW TRUCKS INTO SERVICE

June 26, 2018 By GovCap

In March 2018, the Tensas Fire Protection District No. 1 purchased two 3,000 gallon pumper/tanker trucks manufactured by Fouts Bros Fire Equipment of Smyrna, Georgia. You can read our press release announcing the order by clicking here.

Those tanker trucks were put into service on June 21, 2018.

See the photos of the new trucks below:

If you have any questions about this project, Marti Sauls at 817-722-0227.

Filed Under: Emergency Services, Fire Protection, Press Releases

CENTRAL LINN SCHOOL DISTRICT TO IMPROVE ROOFING DISTRICT WIDE

June 19, 2018 By GovCap

Hasley, Oregon (June 2018) – Central Linn School District No. 552C announces a project to provide roof renovations district wide. The project will focus on the High School and Elementary School. These renovations are expected to be completed during the summer of 2018. Central Linn School District selected Government Capital Corporation as the financing partner. GCC partnered with James Shannon of Mersereau Shannon LLP in Portland (www.mershanlaw.com), who provided the legal opinion and all necessary documents.

“Working with Government Capital was hassle free financing. They walked me through each step and responded quickly to our questions and needs,” said Celeste Van Cleave, Business Manager. “From our initial discussions on April 24th, Government Capital provided funding to our district in 27 business days. This was imperative to meeting our summer construction schedule.”

“It was a pleasure working with Ms. Van Cleave and Superintendent Gardner on this project. It was very gratifying to help them meet their deadline,” stated Jana Offutt, Client Services Representative for Government Capital Corporation.

About Central Linn School District No. 552C

Central Linn School District is located in Halsey, Oregon in Linn County in northwest Oregon. Serving approximately 640 students in the communities and surrounding areas of Brownsville, Halsey, Shedd and Peoria, Oregon. The district uses self-paced math through a math lab setting and is also on a four-day week schedule. On Fridays, students have the option to come in, complete unfinished work, and get direct feedback. For more information, visit centrallinn.k12.or.us.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to school districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings across the nation. For more information, visit govcap.com.

 

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Filed Under: Education, Press Releases

CITY OF LAMESA PURCHASES NEW PUMPER TRUCK

June 6, 2018 By GovCap

Lamesa, Texas (June 2018) – The City of Lamesa, Texas recently announced the order of a new pumper truck. The truck will be a 2019 model 1200 GPM Pumper is being manufactured by the Rosenbauer Group. With an anticipated delivery of Spring of 2019, the new apparatus will be located at the City’s Fire Department on North 1st Street. The City of Lamesa selected Government Capital Corporation as the financing partner for their purchase.

Wayne Chapman, Finance Director, stated, “Government Capital Corporation made the process smooth. They walked us through each step and responded quickly to our questions and needs. The various projects we have financed with Government Capital will benefit the City of Lamesa for years to come.”

Jana Offutt, Client Services Representative for Government Capital Corporation said, “Congratulations to Mr. Chapman and the staff at the City of Lamesa. The enhanced service reliability and functional capabilities of the new pumper should meet the needs of the City for many years. We take great pride in being able to provide financings which enable first responders to better serve their communities.”

About The City of Lamesa, Texas

Lamesa, Texas is the county seat of Dawson County and has a population of 9,500 residents. Located south of Lubbock on the Llano Estacado, Lamesa was founded in 1903. They are also home to the Legendary Chicken Fried Steak Festival. For more information, visit ci.lamesa.tx.us.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to cities 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 govcap.com.

 

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Filed Under: Government, Press Releases

SUNRAY ISD IMPROVES ATHLETIC FACILITIES WITH TRACK RESURFACING, TENNIS COURT RENOVATION AND UPDATED AUDITORIUM LIGHTING

June 5, 2018 By GovCap

Sunray, Texas (June 2018) – The Sunray Independent School District of Sunray, Texas announced a facility improvement project for the athletic department. The project includes resurfacing the track, renovations to the tennis courts and updating the auditorium lighting. These projects are expected to be completed during the summer of 2018. Sunray ISD selected Government Capital Corporation as the most economical financing solution.

“Government Capital made the process smooth. They walked me through each step and responded quickly to our questions and needs,” said Marshall Harrison, Superintendent. “From our initial discussions on April 2nd, Government Capital provided funding to our District in 25 days. This was imperative to meeting our summer construction schedule. The financing allowed the District to upgrade some much needed facilities without depleting our fund balance.”

“It was a pleasure working with the District. They made our job so easy!” stated Stephanie Cates, Client Services Manager.

About Sunray Independent School District

Sunray Independent School District is a public school district based in Sunray, Texas, with a student population of 548. The District is located in Moore County and covers approximately 234 square miles. The district has three campuses which serves students in grades pre-kindergarten through twelve. For more information, visit sunrayisd.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to school 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 govcap.com.

 

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Filed Under: Education, Press Releases

Gold Ridge Fire Protection District Puts New Engine Into Service

May 30, 2018 By GovCap

In January 2017, the Gold Ridge Fire Protection District announced the order of a new fire truck to replace an older engine that will be used in reserve. The Gold Ridge Fire Protection District offers all-risk fire protection and emergency medical response across 75 square miles of rural Sebastopol, California and mutual aid to all surrounding fire districts.

On May 17, 2018, they put the new type 3 fire engine into service. See the photo (new engine on the left) and posts from their social media.

Click here for the Facebook post

 

Yesterday, our newest engine was officially put into service. The new 8162 was strategically built to best suit our district’s needs. The old 8162 will be moved into reserve status after 20 years of service! #goldridgefire #sebastopol #SonomaCounty #wildfire #firefighters pic.twitter.com/PRucvX6bHl

— Gold Ridge Fire District (@GoldridgeFire) May 18, 2018

 

If you have any questions about this project, contact Stephanie Cates at 817-722-0214.

Filed Under: Emergency Services, Fire Protection

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