Government Capital Corporation

Government Capital Corporatoin is a leading public finance firm offering its clients a broad range of financing solutions.

Emergency Services

GOLD RIDGE FIRE PROTECTION DISTRICT ACQUIRES NEW APPARATUS

Gold Ridge Fire Protection District, Sebastopol, CA (March 2021) – Gold Ridge Fire Protection District announces the April 2021 delivery of a 2021 Rosenbauer Type 2 Engine-Water Tender truck. This apparatus has a 1,500-gallon storage capacity and can pump 1,000 gallons per minute. Andy Pforsich, Assistant Fire Chief of Gold Ridge Fire Protection District stated this apparatus is a combination Type 2 engine. It is the most requested for mutual aid.” Government Capital Corporation, Southlake Texas provided the financing for the acquisition.

“Government Capital Corporation’s knowledge and expertise of the unique needs of fire departments was a great overall value to us,” remarked Andy Pforsich, Gold Ridge Assistant Fire Chief. “I appreciate the ease and straightforward nature of the process.”

“It was a privilege to work with Chief Andy Pforsich on this important procurement,” stated Stephanie Cates, Senior Vice President of Government Capital Corporation. “We take great pride in being able to provide financings that enable first responders to better serve their communities.”

About Gold Ridge Fire Protection District
Gold Ridge Fire Protection District serves the communities of Hessel, Twin Hill, Freestone, and rural Sebastopol, approximately 45 miles northeast of San Francisco. The district provides all-risk fire protection and emergency medical response across 75 square miles of rural Sonoma County. The Fire District averages 1,200 calls each year and has 20 paid and 50 volunteer fire fighters.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Fire Protection Districts and all other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.5 billion in California and across the nation. For more information, visit www.govcap.com

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ONO ISLAND WATER, SEWER AND FIRE PROTECTION AUTHORITY ANNOUNCE CONSTRUCTION OF NEW FIRE STATION

 

Ono Island Water, Sewer & Fire Protection Authority, AL (March 2021) – The Ono Island Water, Sewer and Fire Protection Authority recently approved the construction of a new fire station on River Road in Orange Beach, Alabama. Construction of the fire station is expected to be completed in the next 9-12 months.  The 5,883 square foot station will include 2 apparatus bays, 6 dorm rooms, an office, an EMS Room, kitchen and living area as well as a training room.  McCollough Architecture, Orange Beach, Alabama was selected to provide the architectural design for the project.  MW Rogers Construction Company LLC, Mobile, Alabama will serve as the general contractor. Financing for the project was provided by Government Capital Corporation, Southlake, Texas. Hand Arendall Harrison Sale, Mobile, Alabama, served as bond counsel and provided all documentation and requisite legal opinion.

“Government Capital’s experience and expertise was a great value to our project,” explained Pete Stritzinger, Ono Island Water, Sewer and Fire Protection Authority Chairman of the Board, and the 20-year fixed rate loan structure provided  budget flexibility and eliminated the risk of a future interest rate associated with variable rate options.”

“Working with state and local governments for over 25 years, we take great pride in assisting municipalities meet their goals and objectives. I want to congratulate Pete Strizinger and the Ono Island Water, Sewer and Fire Protection Authority Board for their leadership in the implementation of this important project.” stated D.C. Greer, Government Capital Corporation, Senior Vice President.

About Ono Island Water, Sewer and Fire Protection Authority

Ono Island Water, Sewer and Fire Protection Authority is a business entity and a domestic non-profit corporation, governed by a five-member Board of Directors.  The Authority provides services to the more than 1,400 residents of Ono Island located in Baldwin County, Alabama. The fire protection services are contracted with the City of Orange Beach.  Ono Island is a 5.5-mile-long natural barrier island separated from downtown Orange Beach, Alabama and Perdido Key, Florida.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to Emergency Service Districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.5 billion in Alabama and across the country.  For more information, visit www.govcap.com.

 

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REEVES COUNTY ESD NO. 1 AND 2 PLANS NEW FACILITIES

Reeves County, Texas (March 2021) – Reeves County Emergency Service Districts No. 1 and No. 2 recently approved the construction of three fire stations. Construction of the multi-phase project is scheduled to begin in the coming months. The project will include a central headquarters facility with emergency command capabilities and training facilities. Martinez Architects, LP, Kingwood, Texas provided the architectural design. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“The new facilities that are being constructed will immediately improve our response times and capabilities across the county,” stated Adrian Garcia, Joint Emergency Services Chief. “The expertise provided by Government Capital allowed us to add the third station to our near-term construction plans which will ensure that all regions of the County benefit from the new facilities and apparatus.”

“We were proud to have a part in assisting Chief Garcia and the ESD boards reach their short-and-long-term goals for the ESDs,” stated Ed King with Government Capital. “By utilizing financing at historically low interest rates to bring the construction timelines forward, Chief Garcia and his board have saved the taxpayers in Reeves County hundreds of thousands of dollars in future construction cost increases.”

About Reeves County ESD No. 1 and No. 2
Reeves County ESD No. 1 and No. 2 were created in May 2019 to provide fire suppression and EMS services to the residents and businesses within Reeves County. The service area exceeds 2,600 square miles including an extended stretch of I-20 and I-10. Reeves County is approximately 180 miles east of El Paso, Texas. For more information, visit www.reevescounty-esd.com

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.5 Billion across Texas and the nation. For more information, visit www.govcap.com

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HARRIS COUNTY EMERGENCY SERVICES DISTRICT NO.16 ANNOUNCES CONSTRUCTION OF TWO FACILITIES

Harris County Emergency Services District No. 16, Klein, TX (February 2021) – The Harris County Emergency Services District No. 16 plans to begin construction in the next thirty days on a 27,000 square foot administration building and a 10,000 square foot maintenance facility.  The anticipated project completion is August 2023.  LDF Construction Inc. of Montgomery County, Texas was selected as the general contractor. The architectural design was provided by Brown Reynolds Watford, Dallas, Texas.  Government Capital Corporation, Southlake, Texas is providing financing for the project.

“Having financed other projects with Government Capital Corporation, I appreciate their knowledge and expertise of municipal financing and the staff’s ability to keep our team informed along the way,” stated Mike Pate, Commissioner of Harris County ESD No. 16.  “Government Capital provided us with a very competitive rate.”

“It was a great experience working through the complexities of this financing with Mike Pate and the Commissioners at Harris County ESD No. 16,” remarked Landon Newton, Senior Vice president, Government Capital Corporation.  “We take great pride in assisting first responders reach their goals and objectives to better serve their communities.”

About Harris County Emergency Service District No. 16
Harris County Emergency Services District No. 16 is in Klein, Texas, a suburb of Houston. This combination fire department serves 52 square miles and 180,000 residents. The department serves a diversified area of single-family dwellings, high-density apartment complexes, high-rise condominiums, commercial buildings, a hospital, an FAA controlled airport and numerous commercial retail centers. The District contracts with Klein Volunteer Fire Department as the provider of fire and rescue services to the community. For more information visit www.hcesd16.org.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Emergency Service Districts and 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 www.govcap.com.

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WILSON COUNTY ESD NO. 5 ACQUIRES NEW APPARATUS

Wilson County Emergency Services District No. 5, Floresville, TX (February 2021) – Wilson County Emergency Services District No. 5 announces the recent delivery of a 2020 Pierce PUC Enforcer Pumper truck from Siddons Martin Emergency Group, LLC. A traditional “Push-In” ceremony will soon be scheduled. “This apparatus has a 1,000-gallon storage capacity and can pump 1,500 gallons per minute,” stated Adam Strzelczyk, Fire Chief of Wilson County Emergency Services District No. 5. Government Capital Corporation, Southlake Texas provided the financing for the acquisition.

“Government Capital Corporation’s knowledge and expertise of the unique needs of fire departments was a great overall value to us,” remarked Adam Strzelczyk, Fire Chief Wilson County ESD No. 5. “I appreciate the ease and straightforward nature of the process.”

“It was a privilege to work with Chief Adam Strzelczyk on this important procurement,” stated Kevin Lerner, Senior Vice President of Government Capital Corporation. “We take great pride in being able to provide financings that enable first responders to better serve their communities.”

About Wilson County Emergency Services District No. 5
Wilson County Emergency Services District No. 5 is in Floresville, Texas about 35 miles southeast of San Antonio. Wilson County ESD No. 5 provides fire and rescue services to an area with 226 square miles and a population of more than 17,000. The district averages 275 calls annually with 26 volunteer firefighters and one paid firefighter.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Emergency Service Districts and all other 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 nation. For more information, visit www.govcap.com.

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SILVERHILL ACQUIRES NEW APPARATUS

Silverhill, AL (January 2021) – The Silverhill Fire Department announces the recent delivery of a new tanker truck.  The 2021 E-One VMT2 tanker truck increases the pump capacity to 1,250 GPM and storage capacity to 2,000 gallons, stated Josh Rice, Silverhill Fire Chief.  “Additionally, the new truck increased firefighter capacity to five firefighters.”  Sunbelt Fire Incorporated; in Fairhope, Alabama was selected as the equipment provider. Government Capital Corporation, Southlake Texas provided the financing for the acquisition.

“Government Capital Corporation’s knowledge and expertise of the unique needs of fire departments was a great overall value to us,” remarked Josh Rice, Silverhill Volunteer Fire Department. “The tax-exempt lease purchase was a simple and straightforward process.”

“It was a privilege to work with Chief Josh Rice on this important procurement,” stated Marti Sauls of Government Capital Corporation. “This tanker truck will meet their needs for many years.”

About Silverhill

Silverhill is located in Baldwin County with a population of 1,000.  Steeped in a rich Swedish and Czech heritage, Silverhill has maintained its’ small-town charm through decades of growth and development.  Silverhill’s first schoolhouse built in 1898, is now the town library.  Upon entering Silverhill you will be greeted with a sign that reads, “Welcome to Silverhill, A Good Place to Live.”  For more information visit,  www.silverhillalabama.com.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to Fire Departments and all other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4 billion in Alabama and across the nation.  For more information, visit www.govcap.com.

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