COLEMAN, TEXAS (May 2020) – The Coleman Economic Development Corporation announced the construction of baseball, softball and t-ball fields, including parking for each field, located at 2916 5TH Avenue in Coleman, Texas. The new complex replaces sports fields which had served the community for fifty years. The project is scheduled to be completed Fall of 2020 with a Ribbon Cutting First Pitch ceremony. SW Architects was selected to provide the architectural design for the construction. Government Capital Corporation was selected as the most cost-effective financing solution for this project.
Kim Little, Executive Director of Economic Development Corporation of Coleman stated, “This project is a public-private partnership between the Coleman Youth Sports Association, City of Coleman, Coleman EDC and private donors. The youth of Coleman County and the City of Coleman will have first-class fields and facilities. This project was streamlined with the expertise and experience of our financing partner, Government Capital Corporation,” stated Kim Little.
This project is an excellent example of community leaders working together in collaboration for the youth of Coleman. I want to congratulate Kim Little and the Coleman EDC Board for their foresight and leadership in the implementation of this important project with the upgraded sports facilities. The Coleman county youth and families will enjoy these facilities for many years,” stated Drew Whitington, Client Services Associate of Government Capital Corporation.
About Coleman Economic Development Corporation
Coleman EDC is a Type A Development Corporation authorized to undertake Type B projects located in North-Central Texas, 52 miles northwest of Abilene. The Coleman EDC is proud to develop business opportunities for the more than 5,000 citizens of the City of Coleman. For more information visit colemanedc.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 billion in Texas and across the country. For more information, visit govcap.com.
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Godley, Texas (September 2019) – The Godley Economic Development Corporation of Godley, Texas announces the financing of a park rehabilitation project. The improvements to the Godley City Park located at 104 East Allen, will include a playground expansion, additional picnic tables and benches, a basketball court, bathroom facilities, as well as, sidewalks, lighting and irrigation. The project is estimated to be completed in November 2019. Government Capital Corporation was selected as the most cost- effective financing solution for the project.
Van, Texas (March 2019) – The Van Economic Development Corporation (VEDC) of Van, Texas announced the refinancing of a Texas Leverage Fund Loan, with Government Capital Corporation being selected as the financing partner for this transaction.
City of Gardendale, Alabama (August 2018) – The City of Gardendale, Alabama recently announced the order of two new fire trucks to improve services offered to the community. Working with Sunbelt Fire, Inc. of Fairhope, Alabama, the city was able to purchase an E-One custom pumper and a Sunbelt Fire LR12 light rescue Truck. Delivery of the rescue truck will be approximately four to six months, while delivery of the custom pumper is scheduled for the summer of 2019. The City of Gardendale selected Government Capital Corporation as the most cost effective financing partner for these purchases.
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.
Fairfield, Texas (April 2018) – The Fairfield Economic Development Corporation announced plans for the development of a $2 million industrial park infrastructure project located in Fairfield, Texas just off Interstate 45. KSA Engineering, Inc., from Lufkin, Texas will provide the professional services. The project improvements are to include 1,650’ of new street, 12” water lines, 8” sewer, new sanitary sewer lift station, 6”natural gas, three-phase power and telecommunications. Construction is scheduled to start within the near future and once completed will provide 110 acres of shovel ready land for development.