Government Capital Corporation

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

Press Releases

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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FOUR MILE FIRE PROTECTION DISTRICT ACQUIRES NEW APPARATUS

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Four Mile Fire Protection District, Boulder, CO (October 2021) – The Four Mile Fire Protection District announces the acquisition of a new brush truck and a Type 3 engine. The district received the Type 3 engine this month, and the brush truck is anticipated to be delivered by the summer of 2022. Each new vehicle is a replacement for outdated trucks which were in service for 30 to 45 years. Financing for these acquisitions was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s experience and expertise was a great overall value to us,” stated Bret Gibson, Four Mile Fire Chief. “The knowledge and professionalism of the team at Government Capital was very responsive to our needs.”

“I want to congratulate Chief Gibson and Four Mile Fire Protection district board on these acquisitions,” commented Cody Thomas, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in being able to provide financings that enable first responders to better serve their communities.”

About Four Mile Fire Protection District

Four Mile Fire Protection District is located in the foothills of the Rocky Mountains, just west of Boulder, Colorado and serves approximately 15 square miles of rural communities. The department is a combination agency with 30 volunteers and a paid crew of three full-time firefighters. The Four Mile Fire Protection District provides first response to 100-150 emergencies per year. To learn more visit www.fourmilefire.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 Colorado and across the country. For more information, visit www.govcap.com

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ALTOONA-MIDWAY USD ANNOUNCES REFINANCE SAVINGS

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Altoona-Midway Unified School District, KS (September 2021) – Altoona-Midway Unified School District announces the successful completion of its debt consolidation project. The existing original notes were used for roofing, sidewalks, upgrades in HVAC systems, and various other campus improvements. The consolidation reduced the annual debt service of the district and simplified its debt structure going forward. Government Capital Corporation, Southlake, Texas provided the financing as well as the feasibility analysis. The legal review of contracts was provided by the Kansas Association of School Boards.

“Government Capital walked us through each step of the process and provided timely responses to our questions,” stated Reyna Almond, Altoona-Midway Unified School District Board Clerk. “We’ve had an ongoing relationship with Government Capital for over five years and their experience and expertise in municipal financing is invaluable.”

“It was an honor and a privilege to work alongside Reyna Almond, Altoona-Midway Unified School District Board Clerk,” stated Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting school districts meet their goals and objectives.”

About Altoona-Midway Unified School District

Altoona-Midway Unified School District is located in Buffalo, Kansas and educates pre-kindergarten through 12th grade. The school serves an attendance of 180 students. To learn more visit www.usd387.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 across Kansas and the nation.  For more information, visit www.govcap.com

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CENTRAL LINN SCHOOL DISTRICT ANNOUNCES THE PURCHASE OF TWO BUSES

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Central Linn School District, Oregon (September 2021) – Central Linn School District announces the purchase of two Type D (rear engine) Blue Bird buses. One of the vehicles includes a wheelchair lift and under storage. The vehicles, which represent additions to the school district’s fleet, have recently been delivered and are already in use. Government Capital Corporation, Southlake, Texas provided the financing for the acquisition.

“Government Capital’s process was straightforward. They walked us through each step and responded quickly to our questions and needs,” stated Celeste Van Cleave, Business Manager of Central Linn School District. “Government Capital’s knowledge and expertise of the needs of school districts was a great overall value to us.”

“It was an honor and privilege to work with Mrs. Van Cleave,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting school districts meet their goals and objectives.”

About Central Linn School District

Central Linn School District is located in Halsey, Oregon and serves the communities and surrounding areas of Brownsville, Shedd, and Peoria, Oregon. The district educates pre-kindergarten through 12th grade and serves an attendance of 642 students. To learn more visit www.centrallinn.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 has successfully completed thousands of municipal financings exceeding $4.8 Billion across Oregon and the nation.  For more information, visit www.govcap.com

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TRI-DISTRICT FIRE PROTECTION DISTRICT ACQUIRES NEW VEHICLES

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Tri-District Fire Protection District, Claremore, OK (August 2021) – Tri-District Fire Protection District announces the purchase of four new vehicles. This acquisition includes a command unit truck, one rescue truck, and two brush pumper trucks. These vehicles represent both new additions to the fleet and replacement of outdated equipment. The district is anticipating equipment delivery by December. Financing for this acquisition was provided by Government Capital Corporation, Southlake, Texas.

“Having worked with Government Capital Corporation the last 18 years, their knowledge and expertise of the unique needs of fire protection districts is always a great overall value to us,” commented Bob Anderson, Tri-District Fire Chief. “It is a total pleasure working with their knowledgeable team.”

“I want to congratulate Chief Bob Anderson and the Tri-District FPD on this important procurement,” stated Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in being able to provide financings which enable first responders to better serve their communities.”

About Tri-District Fire Protection District

Tri-District Fire Protection District provides all-risk fire protection and emergency medical response across 54 square miles in Oklahoma which includes a population of over 2,000 residents. The Fire District averages 350 calls each year and has 21 volunteer fire fighters.

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 Oklahoma and across the country. For more information, visit www.govcap.com

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