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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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FARGO-GAGE PUBLIC SCHOOLS ANNOUNCES NEW ACTIVITY BUS

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Fargo, OK (August 2022) – Fargo-Gage Public Schools announces the purchase of a new activity bus. The new vehicle is replacing an outdated bus which was in service for over 11 years. The new bus is anticipated to be delivered in May 2023 and will be used for extracurricular activities. “Government Capital Corporation’s assistance with this purchase will allow us to provide safe and reliable transportation for our students when traveling,” commented Mike Jones, Superintendent, Fargo-Gage Public Schools. Financing for the purchase was provided by Government Capital Corporation, Southlake, Texas.

“With the size of our band program, this activity bus is vital for their transportation when they have competitions because the bus has enough storage space to hold all of their instruments and equipment,” commented Mike Jones, Superintendent, Fargo-Gage Public Schools. “Government Capital Corporation’s experience and expertise in the unique financing structures in Oklahoma was of great value to us.”

“I would like to congratulate Mr. Jones and Fargo-Gage Public Schools on this acquisition,” stated Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “As a graduate of an Oklahoma public school, I take great pride in being able to assist Oklahoma schools with financing for their needs.”

About Fargo-Gage Public Schools

Fargo-Gage Public Schools is located in Fargo, Oklahoma in eastern Ellis County. The public school district is home to 228 students Pre-K-12th grade, with a student-teacher ratio of 11 to 1. To learn more, www.fargo.k12.ok.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 $5 billion in Oklahoma and across the country. For more information, visit www.govcap.com

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CITY OF MISSION ORDERS NEW SANITATION EQUIPMENT

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Mission, TX (August 2022) – The City of Mission announces the purchase of twelve new trucks for the sanitation department. Nine of the trucks are replacing existing units, which have been in service for over seven years. The new additions to the fleet include a roll off truck and two commercial side loaders. The twelve trucks are anticipated to be delivered between August 2022 and March 2023. Financing for the acquisitions was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation since 2014, we very much appreciate their expertise,” commented Angie Vela, Finance Director, City of Mission. “Additionally, their team is always very responsive to our needs.”

“I would like to congratulate Mrs. Vela and the City of Mission on this acquisition,” stated Stephanie Cates, Vice President, Government Capital Corporation. “It is truly a privilege to assist the City of Mission, and many other municipal clients statewide, with a wide variety of projects.”

About the City of Mission

The City of Mission, founded in 1908, is located in Hidalgo County and is now home to over 83,000 residents. The earliest settlers of the Mission area were the Native American Coahuiltecans. Mission is also where citrus was first planted in the Rio Grande Valley which is now a multimillion-dollar business and is celebrated annually with a gala, Citrus Fiesta. Also, the Mission area is immortalized in Larry McMurtry’s novel and miniseries Lonesome Dove. To learn more visit www.missiontexas.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 $5 billion in Texas and across the country. For more information, visit www.govcap.com

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CITY OF KAPLAN ANNOUNCES PURCHASE OF EQUIPMENT

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Kaplan, LA (July 2022) – The City of Kaplan announces the purchase of a 2019 excavator from Louisiana CAT and a 2021 dump truck from Nostalgic Motor Cars, Inc. Both pieces of equipment are replacements, which will be used by the public works department. The excavator was delivered in May and the dump truck was delivered July 5th. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation since 2020, I can attest their customer service is like no other,” commented Heather Guidry, City Clerk/Treasurer, City of Kaplan. “Marti Sauls and the team at Government Capital go above and beyond.”

“I would like to congratulate Heather Guidry and the City of Kaplan on these equipment acquisitions,” stated Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting cities reach their goals and objectives.”

About the City of Kaplan

Kaplan – experience the most Cajun place on earth. Incorporated in 1902, the City of Kaplan has a population of approximately 4,500 people and is dubbed as “The Gateway to the Coastal Wetlands.” Kaplan is located in the center of Vermilion Parish, guiding people east and west on Highway 14, north to the Interstate on Highway 35 and south to the Gulf of Mexico. To learn more visit www.kaplanla.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 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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BONHAM ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES ROAD IMPROVEMENTS

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Bonham, TX (July 2022) – The Bonham Economic Development Corporation (BEDCO) announces the approval of a roadway resurfacing project throughout the city. Many of the streets included in this project were resurfaced over 15 years ago. The project will begin in the fall and is anticipated to be completed in early 2023. Financing for this project was provided by Government Capital Corporation, Southlake, Texas.

“BEDCO has partnered with Government Capital since 2017 and found them to be exceptional.  Their depth of understanding regarding the unique challenges facing economic development corporations is invaluable in helping us meet our goals,” commented Gayle Cooper CEcD, Executive Director, Bonham Economic Development Corporation. “It was a total pleasure working with their knowledgeable and professional team.”

“I want to congratulate Ms. Cooper and the Bonham Economic Development Corporation on this project,” stated Drew Whitington, Vice President, Government Capital Corporation. “We take great pride in being able to assist Texas economic development entities meet their goals and objectives.”

About Bonham Economic Development Corporation

The Bonham Economic Development Corporation is a Type B Corporation, that works to foster the creation of a favorable climate for new and improved job opportunities by encouraging the development of business, industry, and commerce. BEDCO is committed to offering new businesses a foundation of economic growth with small town charm which, along with its quality of life, makes this a community of opportunity. To learn more visit www.cityofbonham.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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CITY OF SILVERTON ANNOUNCES REFINANCE SAVINGS

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Silverton, OR (July 2022) – The City of Silverton announces the refinancing of two current debt obligations. One of the original notes was procured through the Local Oregon Capital Assets Program (LOCAP), a financing program available to members of the League of Oregon Cities and the Association of Oregon Counties. The other obligation was a Sewer Revenue Refunding Bond Series 2010. The new refinanced obligation provides a payment schedule tailored to the City’s needs and provides significant savings. Structuring for the refinancing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation has assisted us with multiple projects over the past two years. The most recent refinancing completed with Government Capital, allowed us to save over $600,000.” commented Kathleen Zaragoza, Deputy City Manager/Finance Director, City of Silverton. “It is always a pleasure to work with the experienced and professional team at Government Capital.”

“I would like to congratulate Kathleen Zaragoza and the City of Silverton on this refinancing,” stated Stephanie Cates, Vice President, Government Capital Corporation. “This is a great example of dedicated leaders diligently assessing and acting on the needs of their community.”

About the City of Silverton

The City of Silverton was incorporated in 1885 and is now home to over 10,000 residents. The first settlers of Silverton came to the banks of the Silver Creek, following timber and waterpower, in the 1800s. The City of Silverton is the host of the Oregon Gardens and is known as the Gateway to Silver Falls. To learn more visit www.silverton.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 $5 billion in Oregon and across the country. For more information, visit www.govcap.com

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