Government Capital Corporation

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

Facilities

LA FERIA INDUSTRIAL AND ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES THE CONSTRUCTION OF PUBLIC WORKS FACILITY AND INFRASTRUCTURE IMPROVEMENTS

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La Feria, Texas (October 2021) – The La Feria Industrial Development Corporation (LFIDC) and La Feria Economic Development Corporation (LFEDC) joined together in launching a new public works facility and infrastructure improvement project. The project will greatly enhance the future growth within the city and promote economic development.  With construction already underway, the anticipated completion is set for spring 2022. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation was able to create a specific loan structure that allowed both of our entities to join together to complete a much needed project,” commented Juan Ortiz, Executive Director, La Feria Industrial Development Corporation. “Government Capital’s experience and expertise in the unique challenges facing economic development corporations was of tremendous value to us.”

“I would like to congratulate Mr. Ortiz and the La Feria IDC and EDC on the completion of their recent project,” stated Drew Whitington, Vice President, Government Capital Corporation. “This project will benefit the constituents of La Feria for many years.”

About La Feria Industrial Development Corporation and La Feria Economic Development Corporation

La Feria Industrial and Economic Development Corporation is located in La Feria, Texas and serves a population of more than 7,100 residents. The La Feria City Council adopted the Articles of Incorporation for the LFEDC and LFIDC following the approval of the voters, in 2009. To learn more visit www.cityoflaferia.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 Texas and across the country. For more information, visit www.govcap.com

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WIMBERLEY VILLAGE LIBRARY DISTRICT ANNOUNCES RENOVATION AND EXPANSION OF LIBRARY

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Wimberley Village Library District, Wimberley, TX (October 2021) – Wimberley Village Library District announces the renovation and expansion of the library. The expansion will significantly enlarge the children and teen areas of the library. It will also create a 100-person meeting room for community use, and a craft area. The remodel will create smaller group meeting rooms and modernize the current building. The project will incorporate One Water concepts, solar power, and clean air technology in the HVAC in the expansion and remodel. Construction is anticipated to begin early spring of 2022 and the anticipated completion is May 2023. Financing for the project was provided by Government Capital Corporation Southlake, Texas.

“Having a continued relationship with Government Capital Corporation since 2008, their knowledge and expertise is always a great overall value to us,” stated Aileen Edgington, Chair of the Building Committee. “Wimberley Village Library District was very pleased with the smooth approval and funding process provided by Government Capital Corporation.”

“I would like to congratulate the Library District board on their decision to invest in the long-term viability of the District,” stated Ed King, Senior Vice President, Government Capital Corporation. “The facility upgrades are not only a beautiful addition to the local architecture, but also positions the District to engage the community for the next several generations.”

About Wimberley Village Library District

The Wimberley Village Library District is located in Wimberley, Texas and serves a population of 25,000 according to the Texas State Library assignment. They offer multiple services and resources including computers, teachers’ assistances, online books, etc. To learn more visit www.wimberleylibrary.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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LEACH PUBLIC SCHOOL ANNOUNCES NEW BUILDING

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Leach Public School, OK (August 2021) – Leach Public School approved the purchase of a 98’ x 64’ six classroom building. This acquisition will be an addition to Leach Public School and will house pre-kindergarten through 4th grade. This building, manufactured by Ramtech Building Systems, will also include an interior corridor as well as restrooms. The anticipated delivery is the end of this month and the building is expected to be in-service by the middle of September. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital’s experience and expertise was evident in the efficient and streamlined process,” stated Paul Pinkerton, Leach Public School Superintendent. “Their knowledge of school finance in Oklahoma was of tremendous value to us.”

“I want to congratulate Paul Pinkerton and Leach Public School on this acquisition,” stated Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “It is an honor to work with Oklahoma schools to help them meet their goals and objectives.”

About Leach Public School

Leach Public School is located in Rose, Oklahoma and educates pre-kindergarten through 8th grade. It was established in 1914 and now has an attendance of 129 students. To learn more visit www.leachschool.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 across Oklahoma and the nation.  For more information, visit www.govcap.com

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MONTGOMERY COUNTY EMERGENCY SERVICES DISTRICT NO.4 ANNOUNCES THE BUILDING OF A NEW STATION

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Montgomery County, Texas (July 2021) – The Montgomery County Emergency Services District No. 4 announces construction of a new station. The facility will include two floors and the square footage will roughly be 23,000 square feet. The first floor will include five double stacked bays, a decon room, seven dorm rooms, a lieutenant room, and a chief room. The second floor will include a meeting room and office space. With construction beginning the end of this year, the anticipated completion date is December 2022. Architectural design and construction is being provided by Grossman Design Build, Mansfield, Texas. Government Capital Corporation, Southlake, Texas provided financing for the project.

“Having completed multiple projects with Government Capital Corporation since 2010, their experience and expertise always provides value.” commented Fire Chief Kevin Hosler. “They also attended our Board meetings to fully explain the financing options available and provided assistance throughout the closing process.”

“I want to congratulate Chief Hosler and Montgomery County Emergency Services District No. 4 on this project,” stated Landon Newton, Government Capital Corporation Vice President. “We take great pride in being able to provide financings that enable first responders to better serve their communities.”

About Montgomery County Emergency Services District No. 4

Montgomery County Emergency Services District No. 4, founded in 1973 is located about 30 miles north of Houston, Texas and now serves a rapidly growing population of over 48,000. Since August 2020, the ESD has responded to over 1,800 calls, averaging around 100 calls per month. To learn more visit www.mcesd4.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 $4.5 Billion in Texas and across the nation. For more information, visit www.govcap.com

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LITTLE ELM ECONOMIC DEVELOPMENT CORPORATION BREAKS GROUND ON TINMAN SOCIAL ENTERTAINMENT VENUE

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  Little Elm, Texas (July 2021) – The Little Elm Economic Development Corporation announces the groundbreaking
of, “Tinman Social.” This social entertainment venue is made possible through a Public-Private Partnership. The
facility will include ping pong, cornhole, axe throwing, shuffleboard, bowling, and a full-service restaurant and bar
with indoor and outdoor seating. The square footage of the facility will be 36,000 square feet. Financing for the
project was provided by Government Capital Corporation, Southlake, Texas.

“We have completed multiple projects with Government Capital Corporation over the past ten years and we know
we can always count on their experience,” stated Jennette Espinosa, Executive Director, “The finance structure
Government Capital Corporation provided was a complete success for us.”

“We are excited to work with Little Elm EDC to finance this entertainment venue,” said Kevin Lerner, Senior Vice
President of Government Capital Corporation. “The venue provides a win-win project for the City of Little Elm. It
not only provides entertainment for residents but, will also generate revenue for the City.”

About Little Elm Economic Development Corporation

Little Elm Economic Development Corporation’s mission is to advance economic development in Little Elm by
creating new commercial businesses, new tourism opportunities, and new jobs to Little Elm. The EDC partners with
the Town to facilitate the vision and manage the progression of the Town Center development. To learn more visit www.littleelmedc.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 $4.5 billion in Texas and across the country. For more information, visit www.govcap.com

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BAY CITY COMMUNITY DEVELOPMENT CORPORATION ANNOUNCES REFUNDING SAVINGS

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Bay City, Texas (July 2021) – The Bay City Community Development Corporation announces the recent refunding of two separate debt obligations, one for a training facility and another for land acquisition. “Combining the two into one obligation maximized the savings for Bay City Community Development Corporation,” stated Jessica Russell, Executive Director. With the restructuring, Bay City is able to achieve significant interest savings via today’s low market rates. Government Capital Corporation, Southlake, Texas provided the refunding structure and refinancing.

“The financing provided by Government Capital Corporation, will allow us optimum budget flexibility. Their experience allowed the refunding to proceed very efficiently,” Ms. Russell commented.

“The current economic environment has development corporations searching for alternative funding options,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “Our ability to customize this financing was integral to meeting the needs and budget of this client. It was a pleasure to work with Bay City Community Development Corporation on this transaction.”

About Bay City Community Development Corporation 

Bay City Community Development Corporation creates welcoming opportunities for residents and businesses in the city of Bay City. Their goals include providing opportunities for education expansion in their community, developing and encouraging entrepreneurship and leadership in their community, and encouraging new and current businesses to invest in Bay City. To learn more visit www.visitbaycity.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 $4.5 Billion in Texas and across the nation. For more information, visit www.govcap.com

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