Montague, Texas (July 2019) – Montague Independent School District recently announced the construction of a new gymnasium. The gymnasium is set to be completed in the Summer of 2019, with the ribbon cutting ceremony scheduled August 15th. Government Capital Corporation was selected to provide a unique financing structure.
Walsh Gallegos was chosen to provide the documentation and legal opinions necessary for the financing. For over 30 years they have dedicated themselves to serving school districts and other governmental institutions. Additionally, Harper Perkins Architects was selected to provide the architectural design for the project.
“One of our goals includes providing safe and efficient facilities. We worked for many months to develop the Gymnasium project and are confident it will improve the learning environment for our students and provide space needed for school activities,” stated Carla Hennessey, Montague ISD Superintendent. “Government Capital provided a competitive financing structure which saved the district time and was very cost-effective.”
“Congratulations to Mrs. Hennessey and Montague ISD on the implementation of this valuable project which will serve the community for many years. We take great pride in being able to provide financings to enable Texas school districts to better serve their communities.” stated Joshua Rosser, Public Finance Specialist of Government Capital Corporation.
About Montague Independent School District
Montague ISD is located in Montague County and currently serves 170 students in grades PK-8th. Covering 25 square miles, Montague ISD is committed to providing students with opportunities to grow academically, emotionally, socially, physically and culturally with recognition of individual differences. For more information, visit www.montagueisd.org.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to school districts and all other local governmental entities. Since its founding in 1992, the company has completed thousands of project financings in Texas and across the country. For more information, call (800) 883-1199 or visit www.govcap.com.
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Prospect, OR (July 2019) – Prospect School District No. 59 announces renovations of their school gymnasium. The seismic rehabilitation project began in April and is estimated to be completed in the fall. Utilized in conjunction with financing, the school district was awarded a grant through the Oregon Infrastructure Finance Authority (OBDD). Implementation was administered by S&B James Construction Company, the design and project management was provided by ZCS Engineering & Architecture. Jim Shannon of Mersereau Shannon LLP provided legal review related to the transaction. The district selected Government Capital Corporation as the most cost-effective financing solution for the project.
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New Boston, Texas (May 2019) – Bowie County Schools Transportation Department announces new additions to their bus fleet. The sixty 78 passenger buses provided by Longhorn Bus Sales of Houston, Texas will replace their aged fleet. Bowie County Schools Transportation Department selected Government Capital Corporation as the most cost effective financing solution for the project.
Marcola, Oregon (September 2018) – Marcola School District recently purchased a property near the existing campus which will be used to expand their current CTE and STEM programs of study. The property includes a home which could potentially be used for staff housing and offices and ample land for future district expansion. Additionally, there is a farm on the property which will be used to implement a farm to school/community program and advance their agriculture and FFA programs. Marcola School District selected Government Capital Corporation as the most cost effective option to provide the unique financing.