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 SILVERTON ANNOUNCES NEW CIVIC CENTER

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Silverton, OR (April 2022) – The City of Silverton announces the construction of a new civic center. Groundbreaking will take place on April 11th and the project is anticipated to be completed by August 2023. The two-story, 26,000 square-foot, facility will house the Silverton police department, municipal court, council chambers, and city hall. Architectural design is provided by Mackenzie, construction is being provided by Corp Inc., and project management is by Compass Project Solutions Inc. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“The planning of this project began over two years ago. Therefore, the 25-year fixed rate financing solution provided by Government Capital Corporation was a perfect fit for our project,” commented Jason Gottgetreu, Community Development Director, City of Silverton. “Their knowledge of and expertise in the unique financing structures available to Oregon cities was a great overall value to us.”

“I would like to congratulate Mr. Gottgetreu and the City of Silverton on this project,” stated Stephanie Cates, Vice President, Government Capital Corporation. “We take great pride in providing financings which enable Oregon municipal entities to better serve their communities.”

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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CITY OF MEDFORD ANNOUNCES EQUIPMENT UPGRADE FOR CITY OWNED GROCERY STORE

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Medford, OK (March 2022) – The City of Medford announces the upgrade of display cases at the city owned Crossroads Country Market grocery store. The current display cases, which were purchased in 1981, hold perishable products which include dairy, deli, meat and produce. The new equipment is anticipated to be delivered in May and will replace all the current cases in the store. Hussmann Corporation will provide the display cases as well as the installation. Financing for this acquisition was provided by Government Capital Corporation, Southlake, Texas.

“Partnering with Government Capital Corporation provided us with a financing structure which allowed us to provide quality food and services to the Crossroads Country Market customers,” stated Dea Mandevill, City Manager, City of Medford. “These new display units will preserve the food longer and reduce electrical costs. Government Capital’s expertise and experience in Oklahoma’s unique financing structures brought a great overall value to this project.”

“I would like to congratulate Dea Mandevill and the City of Medford on this much needed upgrade,” commented Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “With Crossroads Country Market being the only grocery store in Medford, we take great pride in assisting the city and Oklahoma municipalities in meeting their needs and objectives.”

About the City of Medford

The City of Medford is the county seat of Grant County and is located at the junction of U.S. Highway 81 and State Highway 11 and has a population of over 900 residents. It is believed the city was named after Medford, Massachusetts, the hometown of a railroad official. The area was opened to non-Indian settlers during the Cherokee Outlet land opening on September 16, 1893. Also, the city was awarded the 2020 Innovation Award for Small Communities because of their purchase of the Crossroads Country Market grocery store. To learn more visit www.cityofmedfordok.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 $4.8 billion in Oklahoma and across the country. For more information, visit www.govcap.com

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TOWN OF MANY UTILIZES LAMATS PURCHASING SERVICES TO UPGRADE WATER METERS

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Many, LA (February 2022) – The Town of Many announces the upgrade of electronic water meters including an Automatic Meter Infrastructure. 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 Many. “The Town’s Water Department employees currently spend approximately 68 hours a month manually reading 1,444 water meters on the system,” commented Robert H. Hable, Jr., Mayor, Town of Many. “These new automatic meters will allow that time to be invested in other needed areas such as improving infrastructure while delivering the best service possible to our community.” The Town selected the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) to assist with the lease purchase program. Core & Main provided the metering solution including project design and installation. Lease Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Louisiana unique financing statutes benefited us during the financing of this project,” stated Suzanne Williams, Grant Writer, Town of Many. “The team at Government Capital provided great value to us.”

“I would like to congratulate the Town of Many on this important infrastructure improvement,” commented DC Greer, Senior Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the Town of Many on a project which will deliver tremendous benefits to the city.”

About the Town of Many

The Town of Many is the parish seat of Sabine Parish in western Louisiana and has a population of over 2,000 residents. The Town was founded in 1843 by Colonel John B. Many and sits in the heart of Toledo Bend Lake Country. The Town of Many offers the modern conveniences of a large city while keeping the charm of a small southern town. To learn more visit www.townofmany.org

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 $4.8 billion in Louisiana and across the country. For more information, visit www.govcap.com

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CENTRAL POINT ANNOUNCES PURCHASE OF DUMP TRUCK AND GROUNDMASTER MOWER

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Central Point, Oregon (December 2021) – The City of Central Point announces the purchase of a Peterbilt dump truck and a Groundmaster mower. The dump truck will be used by the public works department and the parks department. Likewise, the mower will also be used by the parks department. The dump truck is replacing outdated equipment while the mower is new to both departments. Financing for this acquisition was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s experience and expertise was a great overall value to us,” stated Steven Weber, Finance Director, City of Central Point. “The knowledge, professionalism and responsiveness of the team at Government Capital was amazing.”

“I want to congratulate Mr. Weber and the City of Central Point on this project,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting cities reach their goals and objectives.”

About the City of Central Point

The City of Central Point is located in Jackson County and is in the heart of Oregon’s Rogue Valley along Interstate 5, just 33 miles north of the California border. It is home to the world-famous Rogue Creamery and Lillie Belle Artisan Chocolates. Central Point was founded in 1889 and now has a population of almost 20,000 residents. To learn more visit www.centralpointoregon.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 $4.8 billion in Oregon and across the country. For more information, visit www.govcap.com

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CITY OF KAUFMAN UPGRADES WATER METERS

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Kaufman, TX (November 2021) – The City of Kaufman announces the upgrade of water meters including an Automatic Meter Infrastructure. This upgrade will allow for more accurate reads and operate more efficiently while improving the service to the residents of Kaufman. This project will be replacing outdated water meters throughout the city and is anticipated to be completed by September 2022. Performance Services provided the metering solution including project design and installation. Financing was provided by Government Capital Corporation, Southlake, Texas.

“I want to congratulate the City of Kaufman on this important infrastructure improvement project,” stated Drew Whitington, Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the City of Kaufman on a project which will be beneficial to the city for many years.”

About City of Kaufman

The City of Kaufman is the county seat of Kaufman County and it is home to over 7,000 residents. Kaufman was established in 1840 and was founded as “Kings Fort” named after its founder Dr. William P. King. To learn more visit www.kaufmantx.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 $4.8 billion in Texas and across the country. For more information, visit www.govcap.com

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CITY OF BEGGS TO UPGRADE ELECTRIC AND WATER METERS

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Beggs, Oklahoma (November 2021) – The City of Beggs announces the upgrade of electric and water meters including an Automatic Meter Infrastructure. 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 Beggs. This project is anticipated to be completed by the end of this month. Secure Vision provided the metering solution including project design and installation. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Oklahoma’s unique financing statutes benefited us during the financing of this project,” commented Doris Tharp, City Secretary, City of Beggs. “The team at Government Capital provided great value to us.”

“I would like to congratulate the City of Beggs on this important infrastructure improvement,” stated Tara Clawson, Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the City of Beggs on a project which will deliver tremendous benefits for many years.”

About the City of Beggs

The City of Beggs is located in Okmulgee County and is home to over 1,500 residents. It officially became a town in September 1900 and was originally a center for hogs, cattle, and horse ranches in the area. The City of Beggs was named for C.H. Beggs, the vice president of the St. Louis-San Francisco Railway.

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 $4.8 billion in Oklahoma and across the country. For more information, visit www.govcap.com

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