Government Capital Corporation

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

Facilities

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

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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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NEW SYNTHETIC TURF FOR ROOSEVELT ISD

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Roosevelt ISD, Texas (January 2021) – Roosevelt ISD recently approved the purchase of synthetic turf for the district football stadium.  Installation of the turf is scheduled for completion in July 2021.  “Football Coach Matt Landers is excited about this upgrade and the impact it will have for the Roosevelt ISD football program,” stated Dallas Grimes, Superintendent.  Project design and implementation were provided by Symmetry Sports Construction, Mount Pleasant, Texas.

Government Capital Corporation, Southlake, Texas provided financing for the project.

“The ability to finance the project with great rates and the option for an early redemption made the financing an economical choice for the district,” stated Dallas Grimes.  “Government Capital Corporation’s expertise was a great value to our project.”

“I want to congratulate Dallas Grimes and the Roosevelt School Board on this upgrade for their school stadium,” remarked Drew Whitington.  “For 28 years Government Capital Corporation has been honored to work with Texas school districts to meet their goals and objectives.”

About Roosevelt ISD
Roosevelt ISD is a Division 3A district located 8.5 miles east of Lubbock with an enrollment of 1,050 students. The district includes the communities of Ransom Canyon, Buffalo Springs, and Acuff. Roosevelt ISD is committed to educational excellence and opportunity for all students. The mission statement for Roosevelt ISD is, “Growing Students One Season at a Time.” For more information visit, www.roosevelt.k12.tx.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 $4 Billion across Texas and the nation. For more information, visit www.govcap.com.

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PLEASANT VIEW VOLUNTEER FIRE DEPARTMENT ANNOUNCES NEW FACILITIES

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Pleasant View Volunteer Fire Department (August 2020) The Pleasant View Volunteer Fire Department (PVVFD) is announcing the February 2020 opening of the new Fire Station located at 1129 Main Street in Pleasant View. The fire station with 15,504 square feet, 5-bays, dormitories, full kitchen and meetings rooms will serve the Fire Department and our community for years to come,” stated­­­­­­­­­­­­­­­­­­­­­ Bryan Leech, PVVFD Board Secretary.  Government Capital Corporation was selected as the most cost-effective financing solution.

“Government Capital Corporation’s knowledge and expertise of the unique needs of fire departments; their facilities and equipment, was a great overall value to our project and allowed our department to save hundreds of thousands of dollars in interest costs,” stated Chief P.J. Duncan.

“Working with fire protection departments for over 25 years, we take great pride in providing financial solutions which benefit first responders, I want to congratulate Chief Duncan and the PVVFD Board for their leadership with the new facilities which will benefit the PVVFD for many years,” stated D.C. Greer, Government Capital Corporation Vice President.

About Pleasant View Volunteer Fire Department
Pleasant View Volunteer Fire Department serves the cities of Pleasant View and Coopertown and portions of Cheatham and Robertson counties, covering an area of 280 square miles and 31,000 citizens. PVVFD currently serves their residents and businesses with 8 stations and approximately 50 volunteers and has an aggressive plan to recruit 100 additional volunteers in the next 3 years. They average over 2,480 calls a year, responding to more than six calls each day. www.pvvfd.org

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm for volunteer and paid fire protection departments with special programs designed for each respectively. Since its founding in 1992, the company has successfully completed thousands of public safety financings exceeding $4 Billion across Tennessee and the nation. For more information, visit www.govcap.com.

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Jefferson County Oregon Announces Construction of New Healthcare Facility

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Jefferson County, Oregon (August 2020) Jefferson County Oregon is announcing the construction of a new healthcare facility, Jefferson County Health and Wellness Campus, located at 470 NE A Street in the county seat, Madras.  This 21,200 square foot facility adjacent to the St. Charles Medical Center will be shared by Jefferson County Public Health and Mosaic Medical, which is a cooperative venture between private, nonprofit and community health.  The Health and Wellness Campus will provide access to healthcare for Jefferson County residents and families.  Construction is scheduled to be completed Spring 2022. BBT Architects was selected as the architect and Skanska USA as the General Contractor. Government Capital Corporation was selected as the most cost-effective financing solution.

“This project was streamlined with the expertise and experience of our financing partner, Government Capital Corporation.” Ms. Brandie McNamee, Finance Director at Jefferson County stated. “The 20-year fixed rate financing option provided reduces future risk of rate exposure.”

“This is a great example of dedicated leaders being responsible with their resources and diligently assessing the needs of Jefferson County,” stated Jana Offutt, Client Services of Government Capital Corporation. “It was my pleasure to work alongside this great team.”

About Jefferson County
Jefferson County is a scenic area which includes the magnificent Cascade Mountains, canyons and rivers with a population of 23,758. Jefferson County is historically rich in agriculture and today, includes manufacturing, aviation, retail and business and government services. www.jeffco.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 Billion across Oregon and the nation. For more information, visit www.govcap.com.

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CARENCRO UTILIZES LAMATS PURCHASING SERVICES FOR AN EQUIPMENT ACQUISITION

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Carencro, LA (January 2020) – The City of Carencro announces the delivery of a new excavator for its utility department. The 2016 Gradall D-152 excavator provided by Scott Equipment represents a much needed addition to the fleet. The City selected the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) cooperative lease purchase program administered by Government Capital Corporation (GCC) as the most economical financing solution.

“The tax exempt lease purchase structured by Government Capital Corporation was the perfect solution. In addition to reduced interest cost compared to the lease offering provided by the equipment manufacturers, the process was quick, easy and enabled us to take delivery of the equipment on our schedule,” stated Mayor Glenn Brasseaux.

LaMATS Executive Director Cliff Palmer stated, “LaMATS continues to have complete confidence in Government Capital as our municipal finance partner. When a municipality is considering a lease-purchase of equipment, our cooperative program is a great option.”

About Carencro, Louisiana: The City of Carencro is eight miles north of Lafayette on Interstate 49. With a population of approximately 9,600, Carencro is a great place to live, work and play. Our community is united behind our Cajun and Creole heritage, and we pride ourselves in the preservation of our traditions while moving into the future. The heart of our city is its citizens, and Carencro offers resources for our citizens to enhance their way of life and come together as a community. www.carencro.org or Mayor Glenn Brasseaux, 337-896-7001.

About Louisiana Municipal Advisory and Technical Services Bureau (LaMATS): The Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) was established in 1998 and is a wholly-owned subsidiary of the Louisiana Municipal Association (LMA). The mission of LaMATS is to bring economical and efficient services that assist the LMA membership with their day-to-day business. LaMATS offers a variety of services and programs including: Insurance Premium Tax Collection Program, Occupational License Program, LaMATS Purchasing Services, Millage Management, Municipal Debt Recovery, etc. For more information: lamats.net, or Cliff Palmer, Executive Director, 225-316-7157.

About Government Capital Corporation: Government Capital Corporation is a leading public finance firm providing professional financial services to municipalities, parishes, fire districts, schools and other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Louisiana and across the country. For more information: www.govcap.com, DC Greer or Marti Sauls, 800-883-1199 DC.Greer@govcap.com or Marti.Sauls@govcap.com

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Montague ISD officially opens new gym with ribbon-cutting ceremony

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Kicking off the 2019-2020 school year at Montague ISD, Government Capital Corporation was given the honor of attending the District’s ribbon-cutting ceremony for the new gymnasium. Our initial press release about the gym can be read here.

Michelle Sanders, Client Services Specialist, represented GCC while being acknowledged by Superintendent, Carla Hennessey, for our part in providing financing to assist in bringing this project to fruition.

Pictured with Superintendent, Carla Hennessey and Principal, Angela Kleinhans, Michelle commented, “We are grateful to be chosen and recognized by the district in this manner. It is a privilege to serve our fellow Texans on such a worthy project.”

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.