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 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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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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CITY OF WHITEWRIGHT ORDERS NEW APPARATUS

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Whitewright, TX (June 2022) – The City of Whitewright approves the ordering of a new apparatus. The new vehicle will replace an outdated engine which was in service for over 22 years. The new apparatus is anticipated to be delivered by the fall of 2022. Metro Fire Apparatus Specialists, Inc will supply the fire truck and related equipment. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation for over 20 years, their expertise and knowledge of the unique needs of Texas municipalities is always a tremendous overall value to us,” stated John Sinor, Fire Chief, City of Whitewright. “It was a total pleasure working with the experienced and professional team at Government Capital.”

“I want to congratulate Chief Sinor and the City of Whitewright on this recent order,” commented Drew Whitington, Vice President, Government Capital Corporation. “We take great pride in assisting Texas entities meet their goals and objectives.”

About the City of Whitewright

The City of Whitewright is home to over 1,500 residents and is located in both Fannin County and Grayson County. The mission and vision of the City of Whitewright is a commitment to safety, health, and quality of life, which meets the needs for its citizens, businesses, and visitors. To learn more visit www.whitewright.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

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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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