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HENDERSON COUNTY ANNOUNCES THE PURCHASE OF HEAVY EQUIPMENT

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Henderson County, Texas (March 2021) – Henderson County announces the recent acquisition of a 2014 Bomag compactor. “This equipment is a great addition to our road fleet,” stated Wade McKinney Henderson County Judge, the Bomag will allow the county to continue providing quality maintenance of county roads.” The Bomag compactor was purchased from Rusk County. Government Capital Corporation, Southlake, Texas, provided financing for the equipment.

“Government Capital’s knowledge of public sector financing greatly streamlined the procurement process,” stated Judge Wade McKinney.

“I want to congratulate Wade McKinney, County Judge, on the purchase of the Bomag, this equipment will serve Henderson County for many years,” stated Stephanie Cates, Government Capital Corporation Senior Vice President, Client Services. “We take great pride in assisting Texas counties reach their goals and objectives.”

About Henderson County
Henderson County was established on April 27, 1846 and was named in honor of James Pickney Henderson, first governor of the state of Texas. The county is located in east Texas between the Neches and Trinity Rivers, 60 miles southeast of Dallas. Henderson County encompasses 949.7 square miles and has a population of more than 82,500. The largest city in Henderson County is Athens, the county seat.  For more information visit, www.henderson-county.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 $4.5 Billion across Texas and the nation. For more information, visit www.govcap.com

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JIM WELLS COUNTY PURCHASES MULTIPLE VEHICLES

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  Jim Wells County, Texas (April 2021) ‐ Jim Wells County announces the purchase of multiple vehicles for the Sherriff Department. Silsbee Fleet Group, Silsbee, Texas was selected as the vendor for the ten Chevrolet Tahoe Police Pursuit Vehicles. Five of the Tahoes were purchased as patrol units, four of which are to be used by the Criminal Investigation Division. An additional Tahoe is outfitted as a K9 unit. The vehicle delivery will be staggered between mid-April and June. Financing for the acquisition was provided by Government Capital Corporation, Southlake, Texas.

“The county needed to rotate this fleet of vehicles and we were pleased with the rate, flexibility and attention to detail provided by Government Capital,” stated Danny Bueno, Jim Wells County Sherriff. “Additionally, Government Capital’s experience in public safety finance solutions and knowledge of borrowing regulations was a great value to us.”

“I would like to congratulate Sheriff Bueno and Jim Wells County on the completion of this important upgrade,” commented Drew Whitington, Vice President Client Services, Government Capital Corporation. “Working with municipalities for over 25 years, we take great pride in assisting first responders better serve their communities.”

About Jim Wells County
Jim Wells County is located in south Texas approximately fifty miles east of Corpus Christi and the Gulf of Mexico. The county has a total area of 868 square miles and a population of more than 40,500. The county was founded in 1911 and Alice is the county seat. For more information visit www.co.jim-wells.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 exceeding $4.5 Billion in Texas and across the nation. For more information, visit www.govcap.com.

 

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WILLOW PARK TO UPGRADE WATER METERS

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City of Willow Park, Texas (April 2021) – The City of Willow Park is announcing the upgrade of 2,020 water meters and the related Automatic Meter Infrastructure.  The project is underway and is scheduled to be completed in the next few months.  “This upgrade will allow meters to be read and monitored in real time by the user and the city, stated Bryan Grimes, Willow Park City Administrator.  “These smart meters will quickly detect leaks and high-volume water use allowing for more efficiency and conservation while improving service to our customers.”  Project design and installation was provided by Aqua Metric Sales Company, Selma, Texas. Government Capital Corporation, Southlake, Texas was selected as the most cost-effective financing solution.

“Our city has completed multiple projects with Government Capital,” remarked Bryan Grimes.  “We appreciate their professionalism and customer service.” Their staff ensures the transaction will be seamless.”

“I want to congratulate Mr. Grimes and his team for their foresight and leadership with the upgraded water meters and AMI,” stated Stephanie Cates, Government Capital Corporation Senior Vice President. “This investment will benefit the City of Willow Park for many years.”

About Willow Park

Willow Park, located in Parker County is the second largest city in one of the fastest growing counties in Texas and is located just west of Fort Worth.  The city has a population of more than 5,900 and a total area of 6.3 square miles.  Willow Park offers the charm of a small town, the amenities of urban life, and none of the crowds of the big city.   For more information visit www.willowpark.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 $4.5 billion in Texas and across the country.  For more information, visit www.govcap.com.

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CALLAHAN CENTRAL APPRAISAL DISTRICT ANNOUNCES ACQUISITION AND RENOVATION OF NEW OFFICES

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Callahan Central Appraisal District (April 2021) – Callahan Central Appraisal District recently announced the acquisition and renovation of a building located at 132 E. 3rd Street in Baird, Texas.  The new facility will serve as the appraisal district office.  Renovation is scheduled to begin in a few weeks.  The 3,000 square foot building will house the districts’ staff of six and will include five offices, a boardroom, kitchen and other office facilities.  Government Capital Corporation, Southlake Texas provided the financing for the facility.

“Government Capital’s expertise relating to the unique financings by Texas appraisal districts provided a streamlined approach to the financing process,” stated Mathew Walker, Callahan Central Interim Chief Appraiser. “Their experience was of great value to us.”

“It was a pleasure working through the unique structure of this financing with Mathew Walker, Callahan Central Interim Chief Appraiser,” remarked Drew Whitington, Vice President Client Services, Government Capital Corporation.  We take great pride in assisting Texas special districts reach their goals and objectives to better serve their communities.”

About Callahan Central Appraisal District

Callahan Central Appraisal District is located in the Callahan County seat, Baird, Texas, 20 miles east of Abilene and 150 miles west of the Dallas/Fort Worth metroplex.  The mission of the district is to provide accurate property assessments to facilitate the local funding for the county, schools, cities, and other districts that derive budgets and operating expenses from local property values. The District is responsible for providing appraisal services to the more than 13,500 residents, 6 public schools, and 1,600 businesses of Callahan County.  For more information visit www.callahancad.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 $4.5 billion in Texas and across the country. For more information, visit www.govcap.com.

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ONO ISLAND WATER, SEWER AND FIRE PROTECTION AUTHORITY ANNOUNCE CONSTRUCTION OF NEW FIRE STATION

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Ono Island Water, Sewer & Fire Protection Authority, AL (March 2021) – The Ono Island Water, Sewer and Fire Protection Authority recently approved the construction of a new fire station on River Road in Orange Beach, Alabama. Construction of the fire station is expected to be completed in the next 9-12 months.  The 5,883 square foot station will include 2 apparatus bays, 6 dorm rooms, an office, an EMS Room, kitchen and living area as well as a training room.  McCollough Architecture, Orange Beach, Alabama was selected to provide the architectural design for the project.  MW Rogers Construction Company LLC, Mobile, Alabama will serve as the general contractor. Financing for the project was provided by Government Capital Corporation, Southlake, Texas. Hand Arendall Harrison Sale, Mobile, Alabama, served as bond counsel and provided all documentation and requisite legal opinion.

“Government Capital’s experience and expertise was a great value to our project,” explained Pete Stritzinger, Ono Island Water, Sewer and Fire Protection Authority Chairman of the Board, and the 20-year fixed rate loan structure provided  budget flexibility and eliminated the risk of a future interest rate associated with variable rate options.”

“Working with state and local governments for over 25 years, we take great pride in assisting municipalities meet their goals and objectives. I want to congratulate Pete Strizinger and the Ono Island Water, Sewer and Fire Protection Authority Board for their leadership in the implementation of this important project.” stated D.C. Greer, Government Capital Corporation, Senior Vice President.

About Ono Island Water, Sewer and Fire Protection Authority

Ono Island Water, Sewer and Fire Protection Authority is a business entity and a domestic non-profit corporation, governed by a five-member Board of Directors.  The Authority provides services to the more than 1,400 residents of Ono Island located in Baldwin County, Alabama. The fire protection services are contracted with the City of Orange Beach.  Ono Island is a 5.5-mile-long natural barrier island separated from downtown Orange Beach, Alabama and Perdido Key, Florida.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to Emergency Service Districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.5 billion in Alabama and across the country.  For more information, visit www.govcap.com.

 

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REEVES COUNTY ESD NO. 1 AND 2 PLANS NEW FACILITIES

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Reeves County, Texas (March 2021) – Reeves County Emergency Service Districts No. 1 and No. 2 recently approved the construction of three fire stations. Construction of the multi-phase project is scheduled to begin in the coming months. The project will include a central headquarters facility with emergency command capabilities and training facilities. Martinez Architects, LP, Kingwood, Texas provided the architectural design. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“The new facilities that are being constructed will immediately improve our response times and capabilities across the county,” stated Adrian Garcia, Joint Emergency Services Chief. “The expertise provided by Government Capital allowed us to add the third station to our near-term construction plans which will ensure that all regions of the County benefit from the new facilities and apparatus.”

“We were proud to have a part in assisting Chief Garcia and the ESD boards reach their short-and-long-term goals for the ESDs,” stated Ed King with Government Capital. “By utilizing financing at historically low interest rates to bring the construction timelines forward, Chief Garcia and his board have saved the taxpayers in Reeves County hundreds of thousands of dollars in future construction cost increases.”

About Reeves County ESD No. 1 and No. 2
Reeves County ESD No. 1 and No. 2 were created in May 2019 to provide fire suppression and EMS services to the residents and businesses within Reeves County. The service area exceeds 2,600 square miles including an extended stretch of I-20 and I-10. Reeves County is approximately 180 miles east of El Paso, Texas. For more information, visit www.reevescounty-esd.com

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.5 Billion across Texas and the nation. For more information, visit www.govcap.com

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