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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CITY OF MANOR ANNOUNCES ACQUISITION OF NEW PUBLIC WORKS EQUIPMENT

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Manor, TX (May 2023) – The City of Manor announces the acquisition of a new chipper truck and hydro excavation combination sewer jet truck. The chipper truck will serve the city and its residents by cleaning up debris from seasonal storms. The combination unit will allow the city to clear up blockages in the sewer system more efficiently and safely. The chipper truck was provided by Custom Truck Source and is already in use by the city crew. The hydro excavation combination sewer jet truck was purchased from Heil of Texas and is anticipated to be delivered by the end of July. Financing for the acquisitions was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered together for over twenty years, the city is grateful to work with Government Capital,” stated Scott Moore, City Manager, City of Manor. “The team’s expertise was evident in the financing options they provided and how they met our needs.”

“I want to congratulate Scott Moore and the City of Manor on their acquisition,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Manor

The City of Manor was founded in 1872 and conveniently sits 12 miles east of Austin, TX. The city is home to over 8,500 residents and is poised to see substantial growth as the Austin area continues to expand. To learn more about the City of Manor visit www.cityofmanor.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in the state of Texas and across the country. For more information, visit www.govcap.com.

CITY OF DERIDDER ACQUIRES NEW FIRE APPARATUS

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DeRidder, LA (March 2023) – The City of DeRidder announces the acquisition of three new Rosenbauer Custom Pumpers. The new engines will replace models from the current fleet that have served the city for a combined 75 years. “These trucks are special because everyone in the department had input in their customization,” stated Fire Chief Ken Harlow. “Every city has different needs, and we had the opportunity to select the specifications that best serve our community and our department.” The apparatus are supplied by Bonaventure Fire & Safety and are anticipated to arrive at the beginning of 2024. The engines were acquired with funds from the American Rescue Plan Act and with financing by Government Capital Corporation, Southlake, Texas.

“We had a very positive experience working with Government Capital on this acquisition,” stated Fire Chief Ken Harlow, City of DeRidder. “The team was always gracious and helpful, and their expertise in Louisiana’s unique financing statutes benefitted us greatly.”

“I want to congratulate Chief Harlow, Holly Buxton, and the City of DeRidder on their new fire apparatus,” commented DC Greer, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Louisiana cities in meeting their goals and objectives.”

About the City of DeRidder

The city now known as DeRidder was incorporated in 1903 and is known for its rich timber and sawmill history. Today, DeRidder is home to over 10,500 residents and hosts a variety of events every year to celebrate culture, heritage, and holidays. To learn more about the City of DeRidder visit www.cityofderidder.org.

About Government Capital Corporation

Government Capital Corporation (GCC) is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Louisiana and across the country. Additionally, GCC 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.

CITY OF CARLTON ANNOUNCES CONSTRUCTION OF NEW CIVIC CENTER

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City of Carlton LogoCarlton, OR (March 2023) – The City of Carlton has begun construction of a new civic center. The previous city hall building has been demolished to make room for the new 12,854 square foot facility which will provide community space and house the Carlton City Hall as well as the Carlton Public Safety Department. The new center will include public restrooms, an interactive history of Carlton, a hub for local business networking, and flexible community space for public and private functions. The facility is anticipated to open by the end of 2024. The architect for the project is Holst Architecture, and financing for the project was provided by Government Capital Corporation, Southlake, TX.

“We had a very positive experience working with Government Capital on this project,” stated Christy Martinez, Assistant City Manager, City of Carlton. “We’re thankful for the communication the team provided throughout the process and how they followed through on getting us to the finish line.”

“I want to congratulate the City of Carlton on their new civic center,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Oregon cities in meeting their goals and objectives.”

About the City of Carlton

The City of Carlton was settled by homesteaders in the 1840s and has grown to a current population of 2,135 residents. The city is situated between Portland and the Pacific coast and has a rich history of agriculture, logging, and wine production. Presently, the city is known as the Wine Capital of Oregon. To learn more about the City of Carlton, visit www.ci.carlton.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Oregon and across the country. For more information, visit www.govcap.com.

CITY OF ZACHARY TO BREAK GROUND ON NEW POLICE STATION

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Zachary, LA (February 2023) – The City of Zachary announces the construction of a new police station and training center. The 21,000 square foot facility is a much-anticipated upgrade for the Police Department who has been sharing facility space with the Zachary City Court for over 35 years. “I have watched firsthand as the department has outgrown the building, having worked in the police department complex for the past 34 years,” stated Darryl Lawrence, Police Chief, City of Zachary. “I want to thank the prior administration and city council for allowing us to be a part of all aspects of choosing the architectural firm that designed the new building and selecting the location.”

The new station will house the entire police force under one roof and provide more storage as well as an in-house training center that will be an asset to the health and wellness of the members of the force. The city is expecting to break ground on the new station this month, and the facility should be completed by the end of 2024. Grace Hebert Curtis Architects was selected as the architectural firm for the new station, Kean Miller LLP served as bond counsel, and financing for the project was provided by Government Capital Corporation of Southlake, Texas.

“We had a very positive experience working with Government Capital on this project,” stated Deanna Mankins, CFO, City of Zachary. “The team delivered a seamless experience, offering open lines of communication throughout the entire financing process.”

“I want to congratulate Deanna Mankins and the City of Zachary on their new police station,” commented Marti Sauls, Vice President, Government Capital Corporation. “It is an honor to assist Louisiana cities in meeting their goals and objectives.”

About the City of Zachary

The City of Zachary was incorporated in 1889 and today has a population of over 19,000. Zachary is one of the fastest-growing small cities in Louisiana offering an affordable, comfortable, and secure lifestyle. The city’s school district has been ranked first in the state since 2005, and the Buy Zachary First initiative has encouraged substantial business and economic development. To learn more about the City of Zachary visit www.cityofzachary.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 Louisiana and across the country. For more information, visit www.govcap.com.

EARLY MUNICIPAL DEVELOPMENT DISTRICT ANNOUNCES LAND ACQUISITION

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Early, Texas (January 2023) – In 2022, the City of Early welcomed a new Petco location to its highest desired commercial corridor. As the Petco construction began, the Early Municipal Development District noticed a portion of the site on which Petco was constructing its new facility was going unused. Upon further discussions, Early MDD learned Petco was considering using the land for a dog park. However, unbeknownst to Petco, Early MDD already had a project underway building a dog park nearby at a new 30-acre park and recreational area.

After sharing the park plans with Petco, Early MDD reached an agreement with the developer to purchase the unused land to be used for further economic development.  “Purchasing this property is a win for both parties and is an excellent example of how the City of Early and Early MDD employ public-private partnerships for the good of all involved,” said Larry McConn, Director of Economic Development. Financing for this project was provided by Government Capital Corporation, Southlake, Texas.

“Early MDD is proud to have made this investment in providing for future economic growth for the City of Early,” says Larry McConn. “Having partnered with Government Capital previously, we were pleased to once again turn to them for their experience and expertise in the unique challenges facing municipal development districts.”

“I would like to congratulate Larry McConn and the Early MDD on their work and foresight on this acquisition,” stated Stephanie Cates, Vice President, Government Capital Corporation. “Government Capital is proud to partner with Texas Municipal Development Districts and support Texas communities.”

About Early Municipal Development District

The Early Municipal Development District was formed in May of 2016 by a vote by the citizens of Early, TX. The City of Early has a population of 2,776, and the MDD has a Retail Trade Area population of over 80,000. For more information on Early MDD and their Town Center project, visit www.earlytx.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 Texas and across the country. For more information, visit www.govcap.com

WYLIE ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES PUBLIC INFRASTRUCTURE IMPROVEMENTS

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Wylie, TX (September 2022) – The Wylie Economic Development Corporation (WEDC) announces an infrastructure project intended to spur economic growth within the city of Wylie. This infrastructure project will unlock acreage and help promote development throughout the city. Once the project begins, the 544 Gateway Property as well as Hwy 78 & Brown will be the first locations to break ground. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s broad understanding of the unique challenges facing economic development entities allowed us to begin a project which is greatly needed for the City of Wylie,” commented Jason Greiner, Executive Director, Wylie EDC. “It was a total pleasure to work with the professional and experienced team at Government Capital.”

“I would like to congratulate Jason Greiner and the Wylie EDC on this project,” stated Stephanie Cates, Senior Vice President, Government Capital Corporation. “This is a great example of leaders proactively acting on the improvements and opportunities for their community.”

About Wylie Economic Development Corporation

Wylie Economic Development Corporation is located in Collin County and only 24 miles away from downtown Dallas. Since the early 1990s, WEDC has worked diligently to increase local area employment opportunities, while also diversifying and strengthening the local tax base. Over the years, the WEDC has worked with the City of Wylie to become a catalyst for revitalization along our major thoroughfares. Some of the current efforts can be seen along FM 544 and Hwy 78. To learn more visit www.wylieedc.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 Texas and across the country. For more information, visit www.govcap.com