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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NEW SYNTHETIC TURF FOR ROOSEVELT ISD

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Roosevelt ISD, Texas (January 2021) – Roosevelt ISD recently approved the purchase of synthetic turf for the district football stadium.  Installation of the turf is scheduled for completion in July 2021.  “Football Coach Matt Landers is excited about this upgrade and the impact it will have for the Roosevelt ISD football program,” stated Dallas Grimes, Superintendent.  Project design and implementation were provided by Symmetry Sports Construction, Mount Pleasant, Texas.

Government Capital Corporation, Southlake, Texas provided financing for the project.

“The ability to finance the project with great rates and the option for an early redemption made the financing an economical choice for the district,” stated Dallas Grimes.  “Government Capital Corporation’s expertise was a great value to our project.”

“I want to congratulate Dallas Grimes and the Roosevelt School Board on this upgrade for their school stadium,” remarked Drew Whitington.  “For 28 years Government Capital Corporation has been honored to work with Texas school districts to meet their goals and objectives.”

About Roosevelt ISD
Roosevelt ISD is a Division 3A district located 8.5 miles east of Lubbock with an enrollment of 1,050 students. The district includes the communities of Ransom Canyon, Buffalo Springs, and Acuff. Roosevelt ISD is committed to educational excellence and opportunity for all students. The mission statement for Roosevelt ISD is, “Growing Students One Season at a Time.” For more information visit, www.roosevelt.k12.tx.us.

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 $4 Billion across Texas and the nation. For more information, visit www.govcap.com.

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WEBB COUNTY ANNOUNCES THE PURCHASE OF HEAVY EQUIPMENT

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Webb County, Texas (January 2021) – Webb County announces the recent acquisition of two new Peterbilt 567 Walker Water Combo vehicles.  “These vehicles will be used to haul water from the Rio Bravo Water Treatment Plant to the Las Presas Water Dispenser,” stated Tano Tijerina, County Judge “and is part of the Las Presas Water Dispenser Improvements.”  Rush Truck Center was selected as the equipment provider.

Government Capital Corporation, Southlake, Texas provided financing for these acquisitions.

“Government Capital’s expertise and experience was a great value to our acquisitions,” stated Deanna Smith.  “Their knowledge of public sector financing greatly streamlined the procurement process.”

“I want to congratulate Tano Tijerina, County Judge, on this purchase that will greatly improve water service to the residents of Webb County,” stated Stephanie Cates. “We take great pride in assisting Texas county water treatment facilities reach their goals and objectives.”

About Webb County
Webb County was created on January 28, 1848, by the Texas legislature. Located in south Texas, Webb County is the sixth-largest county in the state with 3,307 square miles. The county is named after James Webb who served as Secretary of the Treasury, Secretary of State, Attorney General of the Republic of Texas, and later judge of the United States District Court. Webb County includes the Laredo metropolitan area and is the only county in the United States to border three foreign states or provinces, sharing borders with Coahuila, Nuevo Leon, and Tamaulipas. For more information, 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 $4 Billion across Texas and the nation. For more information, visit www.govcap.com.

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WEST VIEW BOROUGH ACQUIRES HEAVY EQUIPMENT

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West View Borough, PA (February 2021) ‐ West View Borough announces the acquisition of a new dump truck for their fleet.  Delivery is scheduled for March 2021.  “The Ford F-550 with a 4×4 chassis and 11.6 cubic feet of cargo volume will service West View Borough for many years,” stated Bruce Fromlak, Chief of Police and Borough Manager.  Government Capital Corporation, Southlake, Texas provided financing for the acquisition.

“Having previously worked with Government Capital, I appreciate their expertise and knowledge in municipal finance,” remarked Bruce Fromlak. “I also appreciate their high standard of customer service.”

“I would like to congratulate Chief Fromlak and West View Borough on the acquisition of this equipment,” commented Paige Locknane, Client Services, Government Capital Corporation. “Working with municipalities for over 25 years, we take great pride in assisting municipalities better serve their communities.”

About West View Borough
West View is a 1.3 square mile borough located in Allegheny County just north of downtown Pittsburgh and has a population of more than 6,500. Through the efforts of land developer Frederick Martsolf, West View was first incorporated in 1905. The borough has a rich history dating back before its’ incorporation. Most notably, West View was once home to West View Park, an amusement park which was in operation more than seventy years. Today, West View is known as one of the safest, greenest and most family-friendly communities in the area. For more information, visit www.westviewborough.org.

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 exceeding $4 Billion in Pennsylvania and across the nation. For more information, visit www.govcap.com.

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CITY OF POST INSTALLS WATER EQUIPMENT UPGRADES

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The City of Post, TX (January 2021) – The City of Post announces the recent acquisition of AMI water meters and maintenance equipment upgrades.  The AMI water meter project includes the installation of 1,692 water meters and is scheduled to be completed in March.   The water system design and implementation were provided by KW Sharp, Lubbock, Texas.  Upgrades also included a John Deer 2010D E Four Tire Ejector Scraper, a BOMAG Landfill Compactor as well as a John Deer 524L Wheel Loader, all provided by Yellow House Machinery Company, Lubbock, Texas.  “The upgrade in the water meters will allow the city to accurately and more efficiently provide service to customers, stated Deana Smith.  “The heavy equipment was purchased to replace outdated and aged equipment.”

Government Capital Corporation, Southlake, Texas provided the financing for both acquisitions.

“Government Capital’s expertise and experience was a great value to our project,” stated Deanna Smith.  “Their knowledge of public sector financing greatly streamlined the acquisition process.”

“I want to congratulate Deanna Smith, City Manager, Mayor Marvin Self and the Post City Council for their insight and leadership with the upgraded AMI water meters and heavy equipment,” stated Drew Whitington.  “We take great pride in assisting Texas municipalities reach their goals and objectives.”

About the City of Post
Post is the county seat of Garza County with a population of 5,469. This city is located three miles below the Cap Rock, 40 miles southeast of Lubbock on Highway 84, and has become known as the gateway to the plains of West Texas. Post was founded in 1907 by cereal magnate Charles William Post. For more information, visit www.cityofposttexas.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 $4 Billion across Texas and the nation. For more information, visit www.govcap.com.

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SILVERHILL ACQUIRES NEW APPARATUS

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Silverhill, AL (January 2021) – The Silverhill Fire Department announces the recent delivery of a new tanker truck.  The 2021 E-One VMT2 tanker truck increases the pump capacity to 1,250 GPM and storage capacity to 2,000 gallons, stated Josh Rice, Silverhill Fire Chief.  “Additionally, the new truck increased firefighter capacity to five firefighters.”  Sunbelt Fire Incorporated; in Fairhope, Alabama was selected as the equipment provider. Government Capital Corporation, Southlake Texas provided the financing for the acquisition.

“Government Capital Corporation’s knowledge and expertise of the unique needs of fire departments was a great overall value to us,” remarked Josh Rice, Silverhill Volunteer Fire Department. “The tax-exempt lease purchase was a simple and straightforward process.”

“It was a privilege to work with Chief Josh Rice on this important procurement,” stated Marti Sauls of Government Capital Corporation. “This tanker truck will meet their needs for many years.”

About Silverhill

Silverhill is located in Baldwin County with a population of 1,000.  Steeped in a rich Swedish and Czech heritage, Silverhill has maintained its’ small-town charm through decades of growth and development.  Silverhill’s first schoolhouse built in 1898, is now the town library.  Upon entering Silverhill you will be greeted with a sign that reads, “Welcome to Silverhill, A Good Place to Live.”  For more information visit,  www.silverhillalabama.com.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to Fire Departments and all other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4 billion in Alabama and across the nation.  For more information, visit www.govcap.com.

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CITY OF LOWELL ACQUIRES LAND FOR FUTURE DEVELOPMENT

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Lowell, Oregon (November 2020) ‐ The City of Lowell, Oregon announces the acquisition of two parcels of land, 205 East Main Street and adjacent lot in Lowell. This property will accommodate future growth for the city. Government Capital Corporation, Southlake, Texas provided the financing for the acquisition. Documents and legal review were provided by Jim Shannon of Mersereau Shannon LLP, Portland, Oregon.

“There were a few obstacles we had to work through, and the Government Capital staff provided great assistance and flexibility,” stated Marsha Miller, Lowell City Administrator. Government Capital Corporation’s experience and expertise were a great value to our acquisition.”

“Congratulations to Marsha Miller, Mayor Don Bennett and the Lowell City Council on the successful acquisitions,” stated Lisa Hott, Government Capital Corporation Client Services Specialist. “Having worked with the City of Lowell on multiple transactions over the past few years, we take great pride in meeting the financial needs of Oregon municipalities.”

About The City of Lowell, Oregon
The City of Lowell located in Lane County, Oregon, has an estimated population of 1,100. Nestled along the foothills of the Cascades, Lowell is on the north shore of the Dexter Reservoir on the Middle Fork Willamette River. Filled with scenic historic covered bridges, the city is known for its’ wild blackberries, wildflowers as well as the annual Oregon Association of Rowers’ Covered Bridge Regatta and the Blackberry Jam Festival. For more information, visit www.ci.lowell.or.us.

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 $4 Billion in Oregon and across the nation. For more information, visit www.govcap.com.

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