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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MORGAN CITY SECURES AN ADVANCED METERING INFRASTRUCTURE SYSTEM

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Morgan City, Louisiana (August 2018) – The City of Morgan City, Louisiana announces the purchase of a citywide Advanced Metering Infrastructure (AMI) system. The project will include radio read water meters, electric meters, gas meters and an innovative software solution. The AMI system is being designed and installed by Aqua Metric Sales. Installation is scheduled to begin in early September with an anticipated completion of February, 2019. The City of Morgan City selected Government Capital Corporation as the financing partner for their purchase.

“The 20 year fixed rate structure provided by GCC allowed the budget flexibility to facilitate the AMI project. The new system will enhance reporting efficiencies for the utility department.” stated Deborah Garber, Finance Director, City of Morgan City.

D.C. Greer, Vice President, Government Capital Corporation stated “The City worked diligently to provide payment parameters ‘up front’ allowing GCC to present a financing structure that best fit their budget. The 20 year fixed interest rate resolved the affordability issue and allowed them to move forward with their project.”

About The City of Morgan City, Louisiana

Morgan City is located in Eastern St. Mary Parish on the banks of the Atchafalaya River. With a population of approximately 13,000, Morgan City hosts the annual Louisiana Shrimp & Petroleum Festival held Labor Day weekends in the city’s historic district. For more information, visit cityofmc.com.

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 Louisiana and across the nation. For more information, visit govcap.com.

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HOWE PUBLIC SCHOOLS ACQUIRES TWO NEW SCHOOL BUSES

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Howe, Oklahoma (August 2018) – Howe Public Schools recently announced the acquisition of two new 2019 school buses. The District selected the Blue Bird 71 passenger buses from Ross Transportation. Anticipated delivery of the units will be mid August. Additionally, the District selected Government Capital Corporation to provide the unique financing.

“The process was straightforward. It was a quick, easy, cost-effective method to finance our much needed buses. They walked me through each step and responded quickly to our questions and needs so the funding could be completed timely,” said Scott Parks, Superintendent.

“It was a pleasure working with the District. Having worked with Howe Public Schools over the last several years, their organization always makes our job easy!” stated Stephanie Cates, Client Services Manager.

About Howe Public Schools

Howe Public Schools is a public school district based in LeFlore County in far eastern Oklahoma. Serving approximately 600 students, the District covers approximately 31 square miles. The district, which has two campuses, serves students in grades pre-kindergarten through twelve. For more information, visit howeschools.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to school districts and all other local governmental entities.  Since its founding in 1992, the company has completed thousands of project financings in Oklahoma and across the country. For more information, call (800) 883-1199 or visit govcap.com.

 

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SMITH COUNTY APPRAISAL DISTRICT TO PARTNER WITH OTHER COUNTIES TO PURCHASE MASS APPRAISAL SYSTEM

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Tyler, Texas (August 2018) –  The Smith County Appraisal District has recently entered into an Interlocal Agreement with two other counties to purchase a comprehensive computer assisted mass appraisal system. The District selected GSA as the provider of all hardware, software and professional support. Smith County Appraisal District selected Government Capital Corporation to provide the unique financing. The installation should be completed within the next 18 months.

Mr. Michael Barnett, Chief Appraiser stated, “This financing and the project was streamlined with the expertise and experience of our financing partner, Government Capital Corporation.”

“The enhanced reliability and functional capabilities of the new mapping program should meet the needs of the Appraisal District for many years. We take great pride in being able to provide financing for a project of this significance to the District” stated Stephanie Cates, Relationship Manager.

About Smith County Appraisal District

Established in 1979, Smith County Appraisal District in Tyler, Texas, is responsible for approximately 180,000 properties and covers an area greater than 900 square miles.  They are responsible for appraising all real and business personal property for the purpose of ad valorem tax assessment on behalf of 24 taxing entities.  For more information, visit smithcad.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 project financings in Texas and across the nation. For more information, visit govcap.com.

 

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WEBB COUNTY ANNOUNCES THE ACQUISITION OF VARIOUS EQUIPMENT COUNTYWIDE

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Laredo, Texas (August 2018) – Webb County, Texas,  announces the acquisition of various equipment upgrades across multiple departments within the county. The purchases include law enforcement equipment, radio upgrades, motorgraders as well as other various heavy equipment. The County selected Government Capital as the most cost effective solution for the financing.

“The process was straightforward. This was a quick, easy, cost-effective method to finance much needed equipment,” stated Joe Lopez, Purchasing Agent. “They walked me through each step and responded quickly to our questions and needs so that the funding was completed in a timely manner.”

Stephanie Cates stated, “The current economic environment has municipalities searching for alternative funding options. Our ability to customize financing allowed Webb County to purchase their much needed equipment.”

About Webb County, Texas

Webb County, with a population of 273,536, is the largest county in South Texas. Covering 3,376 square miles, Webb County is also the sixth largest in the state. Serving as the County seat to the City of Laredo, the county was named after James Webb. He served as Secretary of the Treasury, Secretary of State, and Attorney General of the Republic of Texas. Later he went on to become judge of the United States District Court following the admission of Texas to statehood. For more information, visit webbcounty.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 project financings in Texas and across the nation. For more information, visit govcap.com.

 

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TIOGA ISD TO ADD EQUIPMENT, TECHNOLOGY AND FURNITURE FOR NEW HIGH SCHOOL

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Tioga, Texas (July 2018) – Tioga Independent School District recently announced the addition of new equipment to be used in the new high school this upcoming 2018-2019 school year. Working with 15+ vendors, the additions include a state-of-the-art kitchen, technology enhancements, track and field facilities and science lab equipment. Tioga ISD selected Government Capital Corporation to provide the unique financing structure. The dedication and ribbon cutting will be held on Sunday, August 5th, 2018.

“The financing structure provided by Government Capital Corporation is a great asset to have at your disposal,” stated Dr. Charles Holloway, Superintendent of Tioga ISD. “It assured our school would be excellently equipped from the beginning, while allowing the district to pay it off a piece at a time, making it much more manageable.”

Jana Offutt with Government Capital Corporation said, “I was humbled and excited as I toured the beautiful new high school while under construction. I’m thrilled the students and staff of Tioga ISD will be in a brand new facility. Congratulations to Dr. Holloway, the Tioga ISD school board and the community.”

About Tioga Independent School District
Tioga ISD is located on TX Hwy 377, 58 miles north of Dallas in Grayson County, serving approximately 665 students and growing 80 and 100 students each year. Tioga ISD began a partnership with Grayson College in the Fall 2015 which created the first Early College High School in Grayson County. This offers students the opportunity to earn an associate’s degree before graduation. Also, the district provides childcare for the community through an on-site Early Child Development Center for ages 6 weeks-4 years old, as well as an afterschool program for school aged children through 5th grade. For more information, visit tiogaisd.net.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to school districts and all other local governmental entities.  Since its founding in 1992, the company has completed thousands of project financings in Texas and across the country. For more information, call (800) 883-1199 or visit govcap.com.

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THREE WAY ISD ANNOUNCES THE CONSTRUCTION OF A HIGH SCHOOL FACILITY

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Stephenville, Texas (July 2018) – Three Way Independent School District recently announced the construction of a high school to accommodate the growing enrollment. With construction currently underway, it is anticipated the facility will be completed Summer 2018. The Architecture/Design was provided by The DLR Group. The District selected Government Capital Corporation as the most cost effective financing solution.

“The financing solution structured by Government Capital Corporation was the perfect option for our needs,” said Paul Ryan, Superintendent. “Additionally, the process was simple, cost effective and permitted us to avoid the cost and delay associated with traditional debt financing.”

“This is a great example of school administrators and school board members putting students first while being responsible with their resources,” stated Drew Whitington, Government Capital Corporation Client Manager. Drew added, “This project will positively impact every student in the district and we are proud to partner with Three Way ISD.”

About Three Way Independent School District
Three Way Independent School District in Erath County is located on Hwy 67 between Glen Rose and Stephenville covering 82 square miles. With a rapidly growing enrollment of 145 students, it is the mission of the school district to develop young men and women with active, creative, independent minds, strong character and courage to think and act on their beliefs and interest, through collaboration, communication and critical thinking skills. For more information, visit twisd.us.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to school districts and all other local governmental entities. Since it’s founding in 1992, the company has completed thousands of project financings in Texas and across the country. For more information, call (800) 883-1199 or visit govcap.com.

 

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