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Facilities

CITY OF BROWNSVILLE ANNOUNCES RECREATION CENTER REMODEL

July 11, 2023 By Sharilyn Castaneda

Brownsville, OR (July 2023) – The City of Brownsville has begun construction on its community recreation center renovations. The improvements to the facility, built in 1927, include bringing the building up to code, adding safety measures, and refreshing the interior. One of the biggest phases of the project will be replacing the gym floor.

The facility, originally built as the gymnasium for the city’s high school, has acted as the community’s recreation center since 1981. The Central Linn Recreation Association has served as a local partner providing sports and youth programs for Brownsville and the surrounding communities.

Interior demolition of the building concluded last month, and the improvements are expected to be completed by the end of September 2023. The architect for the project is Wood Block Architecture from Portland, OR, and construction is being managed by J. E. John Construction from Vancouver, WA. Financing for the project was provided by Government Capital Corporation from Southlake, TX.

“I cannot say enough about our experience partnering with Government Capital on this project,” stated Scott McDowell, City Administrator, City of Brownsville. “The gap financing Gov Cap provided made our project possible. We appreciate all they do for us and cities across Oregon. Their expertise is evident in how quickly they get us what we need. We look forward to partnering again on our next project.”

“I want to congratulate Scott McDowell and the City of Brownsville on their recreation center improvements,” commented Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Oregon cities in meeting their goals and objectives which allow them to better serve their communities for decades to come.”

About the City of Brownsville

The City of Brownsville was founded in the 1840s and is conveniently situated on Interstate 5 between Albany and Eugene. Downtown Brownsville is a wonderful collection of 1880’s to 1920’s buildings with many historic houses dating back to the 1850’s. The historic downtown shopping district draws visitors from all over the world. To learn more about the City of Brownsville, visit www.ci.brownsville.or.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Oregon and across the country. For more information, visit www.govcap.com.

Filed Under: City, Facilities, Press Releases, Renovations

SAN SABA EDC ANNOUNCES NEW WATER PARK

June 6, 2023 By Sharilyn Castaneda

San Saba, Texas (June 2023) – The San Saba Economic Development Corporation has begun work on a new splash pad. After closing the public swimming pool over five years ago due to foundation concerns, the City of San Saba had been looking for a budget-friendly replacement. The option of a splash pad won the community’s heart, and the project was given to the city’s Economic Development Corporation. The new park will be named after former city manager, Stan Weik, for his efforts toward making the splash pad a reality. The EDC anticipates breaking ground on the new project in August and plans to open the park in May 2024. Financing for the improvements was provided by Government Capital Corporation, Southlake, Texas and a partial grant through the Texas Parks and Wildlife Department.

“The San Saba EDC and the City of San Saba are extremely grateful for Government Capital,” says Scott Edmonson, EDC Director/City Manager, City of San Saba. “This project would not have been possible without their expertise in the unique challenges facing Texas economic development corporations.”

“I would like to congratulate Scott Edmonson, the San Saba EDC, and the City of San Saba on the new water park,” stated Stephanie Cates, Senior Vice President, Government Capital Corporation. “Government Capital is proud to partner with Texas Economic Development Corporations and support Texas communities.”

About San Saba Economic Development Corporation

The San Saba Economic Development Corporation is located in the City of San Saba at the top of the Texas Hill Country. The EDC serves a primary retail trade area with a population of over 8,600 residents and a secondary retail trade area with a population of over 50,000 residents. To learn more about San Saba EDC, visit www.sansabatexas.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com.

Filed Under: Economic Development, Facilities, Municipal Development District, Press Releases

MARCOLA SCHOOL DISTRICT ANNOUNCES COMPLETION OF NEW TRANSPORTATION FACILITY

April 5, 2023 By Sharilyn Castaneda

Marcola, OR (March 2023) – Marcola School District announces the completion of a new transportation facility, a meaningful step toward self-sufficiency for the rural school district. The “bus barn” is built on the land known as “The Farm” which is used by the district’s agriculture program. The original plan for the facility was formed in 2019 after the district completed the transaction for “The Farm,” however, the timing was not yet right for the project to begin. Three years later, with the community’s support, the district was ready to build the facility. Construction was completed in March 2023, and financing for both “The Farm” and the “bus barn” were provided by Government Capital Corporation, Southlake, TX.

“Having partnered together on multiple projects since 2015, Government Capital Corporation has always been a huge support to us,” commented Terry Augustadt, Superintendent, Marcola School District. “When our project turned out to be over our budget, Gov Cap came to our rescue. This is a great example of just-in-time lending.”

“I would like to congratulate Superintendent Terry Augustadt and the Marcola School District Board on completing the new transportation facility,” stated Stephanie Cates, Vice President, Government Capital Corporation. “We take great pride in assisting Oregon schools in achieving their goals and objectives.”

About Marcola School District

Marcola School District is a public school district which serves the area in and around Marcola, OR with a current enrollment of over 750 students Pre-K-12th grade. The Marcola School District’s mission is to promote academic excellence and ethical and responsible citizenship for all its students in a safe, supportive, and enriched learning environment. To learn more about Marcola School District visit www.marcola.k12.or.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Oregon and across the country. For more information, visit www.govcap.com.

Filed Under: Education, Facilities, Press Releases, School

CITY OF CARLTON ANNOUNCES CONSTRUCTION OF NEW CIVIC CENTER

March 10, 2023 By Sharilyn Castaneda


City of Carlton Logo
Carlton, OR (March 2023) – The City of Carlton has begun construction of a new civic center. The previous city hall building has been demolished to make room for the new 12,854 square foot facility which will provide community space and house the Carlton City Hall as well as the Carlton Public Safety Department. The new center will include public restrooms, an interactive history of Carlton, a hub for local business networking, and flexible community space for public and private functions. The facility is anticipated to open by the end of 2024. The architect for the project is Holst Architecture, and financing for the project was provided by Government Capital Corporation, Southlake, TX.

“We had a very positive experience working with Government Capital on this project,” stated Christy Martinez, Assistant City Manager, City of Carlton. “We’re thankful for the communication the team provided throughout the process and how they followed through on getting us to the finish line.”

“I want to congratulate the City of Carlton on their new civic center,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Oregon cities in meeting their goals and objectives.”

About the City of Carlton

The City of Carlton was settled by homesteaders in the 1840s and has grown to a current population of 2,135 residents. The city is situated between Portland and the Pacific coast and has a rich history of agriculture, logging, and wine production. Presently, the city is known as the Wine Capital of Oregon. To learn more about the City of Carlton, visit www.ci.carlton.or.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Oregon and across the country. For more information, visit www.govcap.com.

Filed Under: City, Expansions, Facilities, Government, Press Releases, Town

ELECTRA INDEPENDENT SCHOOL DISTRICT BREAKS GROUND ON NEW TENNIS COURTS

March 6, 2023 By Sharilyn Castaneda

Electra Independent School District logoElectra, TX (February 2023) – Electra Independent School District announces the construction of three new tennis courts. The courts are the first step in a multi-phase project to outfit the district’s high school campus with updated and renovated facilities. The previous tennis courts had been repurposed to house portable buildings and will next be the site of a new gymnasium. The current project is underway, and the courts are expected to be completed in time for the 2023-24 tennis season. The courts will be available to the district’s students as well as to members of the community. M & F Litteken Co. is the general contractor for the project, and financing was provided by Government Capital Corporation, Southlake, TX.

“Having partnered together on multiple projects since 2009, Government Capital Corporation has always been great to work with,” commented Ted West, Superintendent, Electra Independent School District. “Their team’s experience shows in how they have provided us with unique financing options and programs to meet our needs.”

“I would like to congratulate Ted West and the Electra Independent School District Board on beginning the first phase of the renovation program,” stated Matt Sullivan, Municipal Finance Specialist, Government Capital Corporation. “It is truly an honor and pleasure to work with Texas schools to help them meet their goals and objectives.”

About Electra Independent School District

Electra Independent School District is a public school district which serves 210 square miles around Electra, Texas with a current enrollment of over 420 students Pre-K-12th grade. Electra ISD’s mission is to empower each student to become a responsible, productive learner who is motivated to succeed at his or her highest potential. To learn more about Electra ISD visit electra.gabbarthost.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 $5 billion in Texas and across the country. For more information, visit www.govcap.com

Filed Under: Education, Facilities, Press Releases, School

CITY OF ZACHARY TO BREAK GROUND ON NEW POLICE STATION

February 22, 2023 By Sharilyn Castaneda

Zachary, LA (February 2023) – The City of Zachary announces the construction of a new police station and training center. The 21,000 square foot facility is a much-anticipated upgrade for the Police Department who has been sharing facility space with the Zachary City Court for over 35 years. “I have watched firsthand as the department has outgrown the building, having worked in the police department complex for the past 34 years,” stated Darryl Lawrence, Police Chief, City of Zachary. “I want to thank the prior administration and city council for allowing us to be a part of all aspects of choosing the architectural firm that designed the new building and selecting the location.”

The new station will house the entire police force under one roof and provide more storage as well as an in-house training center that will be an asset to the health and wellness of the members of the force. The city is expecting to break ground on the new station this month, and the facility should be completed by the end of 2024. Grace Hebert Curtis Architects was selected as the architectural firm for the new station, Kean Miller LLP served as bond counsel, and financing for the project was provided by Government Capital Corporation of Southlake, Texas.

“We had a very positive experience working with Government Capital on this project,” stated Deanna Mankins, CFO, City of Zachary. “The team delivered a seamless experience, offering open lines of communication throughout the entire financing process.”

“I want to congratulate Deanna Mankins and the City of Zachary on their new police station,” commented Marti Sauls, Vice President, Government Capital Corporation. “It is an honor to assist Louisiana cities in meeting their goals and objectives.”

About the City of Zachary

The City of Zachary was incorporated in 1889 and today has a population of over 19,000. Zachary is one of the fastest-growing small cities in Louisiana offering an affordable, comfortable, and secure lifestyle. The city’s school district has been ranked first in the state since 2005, and the Buy Zachary First initiative has encouraged substantial business and economic development. To learn more about the City of Zachary visit www.cityofzachary.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 $5 billion in Louisiana and across the country. For more information, visit www.govcap.com.

Filed Under: City, Facilities, Press Releases, Public Safety

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