Government Capital Corporation

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

Press Releases

LAFAYETTE PARISH WATERWORKS DISTRICT SOUTH UPGRADES WATER METERS

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Lafayette Parish, LA (May 2022) – The Lafayette Parish Waterworks District South announces the upgrade of water meters including an Automatic Meter Infrastructure. This upgrade will allow for more accurate reads and operate more efficiently while improving the service to the residents of the southwestern section of Lafayette Parish. The new meters will replace existing water meters which have been in service for over two decades. The installation of the meters has begun and is anticipated to be completed by the fall of 2022. Coburns and Utility Metering Solutions provided the equipment and installation. McBade Engineers assisted with the project design. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Louisiana’s unique financing statutes benefited us greatly during the financing of this project,” commented Fred Arsement, Board President, Lafayette Parish Waterworks District South. “The team at Government Capital assisted us every step of the way so we could take advantage of this opportunity.”

“I want to congratulate Mr. Arsement and the Lafayette Parish Waterworks District South on this important infrastructure improvement project,” stated DC Greer, Senior Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the Lafayette Parish Waterworks District South on a project which will deliver tremendous benefits for many years.”

About the Lafayette Parish Waterworks District South

The Lafayette Parish Waterworks District South (LPWDS) began serving customers in the Judice community in 1982. The system has since grown to supply water to most of the southwestern area of Lafayette Parish. LPWDS once produced water from two deep water wells, but eventually closed its plant in 2006 and currently purchases all of its water from Lafayette Utilities System. Today, LPWDS serves over 4,500 customers and has over 100 miles of water lines.

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. Additionally, Government Capital Corporation serves as the administrator of the equipment lease financing program for the Louisiana Municipal Advisory and Technical Services Bureau (LAMATS). For more information, visit www.govcap.com

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CHARLESTON FIRE DISTRICT ANNOUNCES NEW APPARATUS

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Coos Bay, OR (April 2022) – The Charleston Rural Fire Protection District announces the acquisition of a new apparatus. The new Pierce Saber Fire Engine will replace a Pierce Arrow vehicle which was in service for over 31 years. The new engine is anticipated to be delivered by the end of June. Financing for the acquisition was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation provided us with a great interest rate and payment plan for the purchase of our new engine,” commented Michael Sneddon, Fire Chief, Charleston Rural Fire Protection District. “Government Capital’s ability to complete the financing within three weeks, allowed our department to order our truck prior to a $50,000 price increase. My staff and I greatly appreciate the work by the staff at Government Capital.”

“Congratulations to Chief Sneddon and the Charleston Rural Fire Protection District on this acquisition,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in providing financing agreements which enable first responders to better serve their communities.”

About Charleston Rural Fire Protection District

The Charleston Rural Fire Protection District protects and serves an area of eight square miles with an estimated population of 7,000 residents. Established in 1957, the district provides fire and emergency services to the area. These services include structural and wildland interface firefighting, medical response, hazardous materials response, and special rescue. To learn more visit www.charlestonfire.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 $5 billion in Oregon and across the country. For more information, visit www.govcap.com

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CITY OF SILVERTON ANNOUNCES NEW CIVIC CENTER

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Silverton, OR (April 2022) – The City of Silverton announces the construction of a new civic center. Groundbreaking will take place on April 11th and the project is anticipated to be completed by August 2023. The two-story, 26,000 square-foot, facility will house the Silverton police department, municipal court, council chambers, and city hall. Architectural design is provided by Mackenzie, construction is being provided by Corp Inc., and project management is by Compass Project Solutions Inc. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“The planning of this project began over two years ago. Therefore, the 25-year fixed rate financing solution provided by Government Capital Corporation was a perfect fit for our project,” commented Jason Gottgetreu, Community Development Director, City of Silverton. “Their knowledge of and expertise in the unique financing structures available to Oregon cities was a great overall value to us.”

“I would like to congratulate Mr. Gottgetreu and the City of Silverton on this project,” stated Stephanie Cates, Vice President, Government Capital Corporation. “We take great pride in providing financings which enable Oregon municipal entities to better serve their communities.”

About the City of Silverton

The City of Silverton was incorporated in 1885 and is now home to over 10,000 residents. The first settlers of Silverton came to the banks of the Silver Creek, following timber and waterpower, in the 1800s. The City of Silverton is the host of the Oregon Gardens and is known as the Gateway to Silver Falls. To learn more visit www.silverton.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 $5 billion in Oregon and across the country. For more information, visit www.govcap.com

 

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WILSON PUBLIC SCHOOLS ANNOUNCES NEW SPORTS LIGHTING FOR SOFTBALL FIELD

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 Wilson Public Schools, OK (April 2022) – Wilson Public Schools announces the purchase of new LED sports lighting for the softball field. The improved sports lighting will be completed by the end of this spring. Oklahoma LED was chosen for project design and installation. Financing for this project was provided by Government Capital Corporation, Southlake, Texas.

“Having worked with Government Capital Corporation since 2017, their knowledge and expertise of the unique needs of Oklahoma school districts is always a great overall value to us,” commented Andrea James, Superintendent, Wilson Public Schools.

“I would like to congratulate Andrea James and Wilson Public Schools on this project,” stated Tara Clawson-Cherry, Vice President, Government Capital Corporation. “We take great pride in assisting Oklahoma School Districts meet their goals and objectives.”

About Wilson Public Schools

Wilson Public Schools was founded in 1903 and is now home to 308 students Pre-K-12th grade and is located in Henryetta. The district’s mission, in cooperation with parents, students, and the community, will develop students to their fullest potential so that they may become responsible, productive citizens in a rapidly changing multicultural and technological society. To learn more, visit www.wpstigers.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 has successfully completed thousands of municipal financings exceeding $5 billion in Oklahoma and across the country. For more information, visit www.govcap.com

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WASHINGTON COUNTY APPRAISAL DISTRICT ACQUIRES NEW TECHNOLOGY

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Washington County, Texas (April 2022) – The Washington County Appraisal District announces the acquisition of a new Computer-Assisted Mass Appraisal (CAMA) system. The technology will assure effective automated evaluation of real estate parcels and their complementary parts. Harris Govern was selected for system design and production. Financing for the technology acquisition was provided by Government Capital Corporation, Southlake, Texas.

“The new system has many features we need in this fast-growing real estate market,” commented Dyann White, Chief Appraiser, Washington County Appraisal District. “The team at Government Capital made this process simple and hassle-free. I was supported throughout the entire process.”

“I would like to congratulate Dyann White and the Washington County Appraisal District on this much needed acquisition,” stated Drew Whitington, Vice President, Government Capital Corporation. “We take great pride in assisting state and local government entities meet their needs and objectives.”

About Washington County Appraisal District

The Washington County Appraisal District is located in Brenham and serves over 35,000 residents. The mission statement of the Washington County Appraisal District is to provide excellent quality appraisal and collections services in a fair and efficient manner that is cost effective. To learn more, visit www.washingtoncad.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 Texas and across the country. For more information, visit www.govcap.com

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DUMAS EDC BREAKS GROUND ON INFRASTRUCTURE IMPROVEMENTS

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 Dumas, TX (April 2022) – The Dumas Economic Development Corporation (DEDC) announces an infrastructure project for their industrial park as well as the refunding of a current debt obligation. The infrastructure project, which includes water, sewer, and drainage system improvements, has begun and is anticipated to be completed by fall of 2023. The refunding of two prior obligations, for land acquisition and economic development purposes provided for significant interest savings. Financing for the improvement project and the debt refunding was provided by Government Capital Corporation, Southlake, Texas.

“We were faced with three large projects at once and Government Capital Corporation’s broad municipal finance expertise and knowledge allowed us to both cover the matching requirement to install the needed infrastructure and reduce our annual debt service,” commented Mike Running, Executive Director, Dumas EDC. “This allows us to focus on the increased business development activity we are experiencing.”

“I would like to congratulate Mr. Running and the Dumas EDC for their work and foresight,” stated Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “This is a great example of dedicated leaders diligently assessing and proactively acting on the needs of and opportunities for their community.”

About Dumas EDC

Dumas Economic Development Corporation is located in Moore County and was formed in 1999 to serve as the lead economic development agency for the City of Dumas and its immediate area. The primary goal of the Dumas EDC is to promote planned, diversified growth and the creation of new jobs, while maintaining the area’s quality of life. To learn more visit www.dumasedc.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 Texas and across the country. For more information, visit www.govcap.com

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