Government Capital Corporation

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

Facilities

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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CALLAHAN CENTRAL APPRAISAL DISTRICT ANNOUNCES ACQUISITION AND RENOVATION OF NEW OFFICES

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Callahan Central Appraisal District (April 2021) – Callahan Central Appraisal District recently announced the acquisition and renovation of a building located at 132 E. 3rd Street in Baird, Texas.  The new facility will serve as the appraisal district office.  Renovation is scheduled to begin in a few weeks.  The 3,000 square foot building will house the districts’ staff of six and will include five offices, a boardroom, kitchen and other office facilities.  Government Capital Corporation, Southlake Texas provided the financing for the facility.

“Government Capital’s expertise relating to the unique financings by Texas appraisal districts provided a streamlined approach to the financing process,” stated Mathew Walker, Callahan Central Interim Chief Appraiser. “Their experience was of great value to us.”

“It was a pleasure working through the unique structure of this financing with Mathew Walker, Callahan Central Interim Chief Appraiser,” remarked Drew Whitington, Vice President Client Services, Government Capital Corporation.  We take great pride in assisting Texas special districts reach their goals and objectives to better serve their communities.”

About Callahan Central Appraisal District

Callahan Central Appraisal District is located in the Callahan County seat, Baird, Texas, 20 miles east of Abilene and 150 miles west of the Dallas/Fort Worth metroplex.  The mission of the district is to provide accurate property assessments to facilitate the local funding for the county, schools, cities, and other districts that derive budgets and operating expenses from local property values. The District is responsible for providing appraisal services to the more than 13,500 residents, 6 public schools, and 1,600 businesses of Callahan County.  For more information visit www.callahancad.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 country. For more information, visit www.govcap.com.

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REEVES COUNTY ESD NO. 1 AND 2 PLANS NEW FACILITIES

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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

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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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