Government Capital Corporation

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

Press Releases

KAUFMAN ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES LAND ACQUISITION

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Kaufman, Texas (November 2023) – The Kaufman Economic Development Corporation (Kaufman EDC) announces the acquisition of 105 acres of land from the Trinity Valley Community College Foundation. The size of the property along with an adjacent 40 acres will allow the Kaufman EDC to market it for mid- to large-scale industrial projects which will lead to job creation and an increased tax base in the City of Kaufman. Financing for the land acquisition was provided by Government Capital Corporation, Southlake, TX.

“Partnering with Government Capital on this project simply made sense for us,” stated Stewart McGregor, Executive Director, Kaufman EDC. “We looked at our options, and Gov Cap provided the greatest efficiency and flexibility in structuring our financing. Their team is extremely knowledgeable, and their expertise was evident throughout the project.”

“I would like to congratulate Stewart McGregor and the Kaufman EDC on their land acquisition and the work and dedication they put into this project,” stated Stephanie Cates, Senior Vice President, Government Capital Corporation. “Government Capital takes great pride in partnering with Texas Economic Development Corporations and supporting Texas communities.”

About Kaufman Economic Development Corporation

Kaufman County is the nation’s fastest-growing county. Kaufman EDC’s mission is to make the City of Kaufman one of the most economically prosperous suburbs of Dallas and one of the best places for business in North Texas. The Kaufman EDC is a ¼-cent Type A economic development corporation created by the citizens of Kaufman in 1994. To learn more about Kaufman EDC, visit kaufmanedc.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 $5.8 billion in Texas and across the country. For more information, visit www.govcap.com

CITY OF LACY LAKEVIEW ANNOUNCES CITY-WIDE WATER METER UPGRADE

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City of Lacy Lakeview logoLacy Lakeview, TX (November 2023) – The City of Lacy Lakeview is in the early stages of a city-wide water meter upgrade project replacing over 2,300 meters. The new ultrasonic meters will allow the city to recapture water loss and improve efficiency. The equipment is expected to arrive by the first of the year, and the project’s anticipated completion is Summer of 2024. The meters and installation will be provided by Core & Main, and financing for the project is being provided by Government Capital Corporation, Southlake, Texas.

“We had a very smooth experience working with Government Capital,” stated Calvin Hodde, City Manager, City of Lacy Lakeview. “The team’s expertise was evident throughout the process in how efficiently they completed this financing.”

“I want to congratulate Calvin Hodde and the City of Lacy Lakeview on their water meter replacement project,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Lacy Lakeview

The City of Lacy Lakeview is located in Central Texas outside of Waco and is home to over 7,000 residents. The city is named for William David Lacy who initiated growth of the community in the 1880s and for its proximity to what is today know as Spring Lake. To learn more about the city, visit www.lacylakeview.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5.8 billion in Texas and across the country. For more information, visit www.govcap.com.

BUSHLAND INDEPENDENT SCHOOL DISTRICT AWARDS ROOFING UPGRADES

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Bushland, TX (October 2023) – Bushland Independent School District recently awarded a district-wide roofing replacement project to Coryell Roofing. The project will focus on replacing storm-damaged roofs across multiple facilities throughout the district’s campuses. Construction will begin on the first of November and will be completed by Christmas. Financing for the project was provided by Government Capital Corporation, Southlake, TX.

“We had a very positive experience working with Government Capital. The team was very accommodating,” stated Chris Wigington, Superintendent, Bushland Independent School District. “I would highly recommend Government Capital for school financing and will most definitely use them in the future.”

“I would like to congratulate Chris Wigington and Bushland Independent School District on their roofing updates,” stated Ed King, Vice President, Government Capital Corporation. “We take great pride in assisting Texas schools in meeting their goals and objectives.”

About Bushland Independent School District

Bushland ISD is located in the Texas Panhandle outside Amarillo and serves over 1,500 students PreK-12th grades. The district is committed to helping its students experience a successful educational journey and values input from parents and community members. To learn more about Bushland ISD visit www.bushlandisd.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5.8 billion in Texas and across the country. For more information, visit www.govcap.com.

FLOWER MOUND PUBLIC SCHOOL ANNOUNCES CAMPUS UPDATES

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Lawton, OK (October 2023) – Flower Mound Public School announces the opening of their new Early Childhood Center and the completion of various roofing upgrades throughout the campus. Furnishing of the Early Childhood Center was completed in the early fall, allowing classes to begin in late October, and playground equipment will be installed by the end of November. The campus-wide roofing replacement is a welcome upgrade to the district. The buildings previously had shingled roofs that frequently required costly repairs due to hail and wind damage. Financing for the project was provided by Government Capital Corporation, Southlake, TX.

“Having partnered with Government Capital in the past, we knew we could count on their expertise with Oklahoma school finance,” commented Dax Trent, Superintendent, Flower Mound Public School. “We were able to seamlessly combine multiple projects into one financing, and we couldn’t be any more pleased. We look forward to working with Gov Cap again in the future.”

“I would like to congratulate Superintendent Dax Trent and the Flower Mound Public School Board on the completion of the Early Childhood Center and the new roofing,” stated Chris Schrader, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Oklahoma schools in meeting their goals and objectives.”

About Flower Mound Public School

Flower Mound Public School is located in southwest Oklahoma and serves students Pre-K-5th grade. The district believes children are as different as fingerprints and the human mind is profound in its abilities. Therefore, Flower Mound Public School’s mission is to provide a planned, empowering, and unique educational experience for all students. To learn more about Flower Mound Public Schools, visit www.flowermound.k12.ok.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 $5.8 billion in Oklahoma and across the country. For more information, visit www.govcap.com.

BRIDGEPORT ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES REAL ESTATE ACQUISITION

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Bridgeport, Texas (October 2023) – The Bridgeport Economic Development Corporation (Bridgeport EDC) announces the acquisition of two parcels of land. One site is adjacent to the EDC’s current industrial park, Endeavor Bridgeport, and will be used for further industrial development. The other site sits beside the City of Bridgeport’s water treatment facility and provides space to expand the facility as well as other city departments. “The City of Bridgeport appreciates BEDC for the shared vision that we have for our town and the partnership and teamwork that makes it a reality,” stated Mike Murray, City Manager, City of Bridgeport. Planning for the sites will begin this fall. Financing for the acquisition was provided by Government Capital Corporation, Southlake, TX.

“Bridgeport EDC is proud to expand Endeavor Bridgeport for future industrial development and to have the opportunity to partner with the City of Bridgeport to expand infrastructure for commercial and residential services,” stated Leah Clark, Executive Director, Bridgeport EDC. “We are thankful for Government Capital’s part in making our project a reality. Their expertise in the unique challenges facing EDCs was extremely valuable to us.”

“I would like to congratulate Leah Clark and the Bridgeport EDC on this acquisition and applaud them for the important work they have accomplished for the improvement and growth of the City of Bridgeport,” stated Matt Sullivan, Municipal Finance Specialist, Government Capital Corporation. “Government Capital is proud to partner with Texas Economic Development Corporations and support Texas communities.”

About Bridgeport Economic Development Corporation

The Bridgeport Economic Development Corporation coordinates economic assistance and incentive agreements for business entities seeking to expand or relocate to Bridgeport. The Bridgeport EDC encourages the entrepreneurial spirit and pursues economic development through “4A” eligible projects. To learn more about the Bridgeport EDC, visit www.bridgeportedc.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 $5.8 billion in Texas and across the country. For more information, visit www.govcap.com

LORENA INDEPENDENT SCHOOL DISTRICT ANNOUNCES ROUTE BUS ACQUISITIONS

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Lorena ISD logoLorena, TX (October 2023) – Lorena Independent School District announces the addition of five new route buses to their fleet. The new buses will accommodate the growing student population by running daily routes to and from Lorena ISD campuses and throughout the community. Three of the five new buses have been delivered, and the final two are expected by the end of the month. The buses will be placed in service in the beginning of November. The new buses were purchased from Thomas Bus, and financing for the acquisitions were provided by Government Capital Corporation, Southlake, TX.

“Having partnered with Government Capital since 2017, we knew we would be in good hands for this acquisition,” stated Dr. Joe Kucera, Superintendent, Lorena Independent School District. “Government Capital’s expertise in school finance was evident throughout the financing process.”

“I would like to congratulate Dr. Joe Kucera and Lorena Independent School District on their fleet additions,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas schools in meeting their goals and objectives.”

About Lorena Independent School District

Lorena ISD is a premier school in the Waco/Temple area serving 1,800 students PreK-12th grades. Lorena ISD takes pride in its high standard of performance and the development of well-rounded students. To learn more about Lorena ISD visit www.lorenaisd.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5.8 billion in Texas and across the country. For more information, visit www.govcap.com.