Government Capital Corporation

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

Public Safety

CITY OF ZACHARY TO BREAK GROUND ON NEW POLICE STATION

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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.

FORT BEND COUNTY EMERGENCY SERVICES DISTRICT NO. 6 ANNOUNCES THEIR FIRST STATION

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 Fort Bend County, Texas (May 2022) – The Fort Bend County Emergency Services District No. 6 announces the construction of their first fire station. The 10,000 square foot two-story facility will include four bays, six dorm rooms, three offices, multipurpose room, and fitness center. Construction will begin in June 2022 and is anticipated to be completed by summer of 2023. The facility will be located on approximately 1.5 acres. The remaining land will allow for the future addition of an administration office and training center. Architectural design is being provided by PGAL Architecture and construction is being provided by Christensen Building Group. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation provided excellent service to our District,” stated Breanna John, President, Fort Bend County Emergency Services District No. 6. “The professionalism, top-notch communication, and deep understanding of emergency services districts allowed us to navigate this new venture with ease.”

Jordan Blegen, Fire Chief of Village of Pleak Volunteer Fire Department, which contracts with Fort Bend County Emergency Services District No. 6 commented, “having worked with Landon Newton on other projects, Government Capital Corporation is not just a finance institution but a partner in providing public safety.”

“I would like to congratulate Chief Blegen and Fort Bend County Emergency Services District No. 6 on the construction of their new facility,” stated Landon Newton, Vice President, Government Capital Corporation. “This project will serve the needs of the community for many years.”

About Fort Bend County Emergency Services District No. 6

Fort Bend County Emergency Services District No. 6 was created in May 2015 to improve Fire and EMS service in a rapidly growing community. The ESD currently contracts with the Village of Pleak Volunteer Fire Department to provide responsive fire and emergency services to their service area. To learn more visit www.fbcesd6.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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JIM WELLS COUNTY PURCHASES MULTIPLE VEHICLES

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  Jim Wells County, Texas (April 2021) ‐ Jim Wells County announces the purchase of multiple vehicles for the Sherriff Department. Silsbee Fleet Group, Silsbee, Texas was selected as the vendor for the ten Chevrolet Tahoe Police Pursuit Vehicles. Five of the Tahoes were purchased as patrol units, four of which are to be used by the Criminal Investigation Division. An additional Tahoe is outfitted as a K9 unit. The vehicle delivery will be staggered between mid-April and June. Financing for the acquisition was provided by Government Capital Corporation, Southlake, Texas.

“The county needed to rotate this fleet of vehicles and we were pleased with the rate, flexibility and attention to detail provided by Government Capital,” stated Danny Bueno, Jim Wells County Sherriff. “Additionally, Government Capital’s experience in public safety finance solutions and knowledge of borrowing regulations was a great value to us.”

“I would like to congratulate Sheriff Bueno and Jim Wells County on the completion of this important upgrade,” commented Drew Whitington, Vice President Client Services, Government Capital Corporation. “Working with municipalities for over 25 years, we take great pride in assisting first responders better serve their communities.”

About Jim Wells County
Jim Wells County is located in south Texas approximately fifty miles east of Corpus Christi and the Gulf of Mexico. The county has a total area of 868 square miles and a population of more than 40,500. The county was founded in 1911 and Alice is the county seat. For more information visit www.co.jim-wells.tx.us

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to cities and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings exceeding $4.5 Billion in Texas and across the nation. 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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UMATILLA MORROW RADIO & DATA DISTRICT MAKES DISTRICT‐WIDE COMMUNICATION SYSTEM ENHANCEMENTS

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Pendleton, Oregon (April 2019) ‐ The Umatilla Morrow Radio & Data District recently announced the upgrade of their district‐wide public safety communication system. This upgrade will include site infrastructure, dispatch consoles and subscriber units. Installation is to begin immediately, with completion scheduled for the fall of 2020. The communication system was designed by RACOM. The district selected Government Capital Corporation as the most cost effective financing solution for the project.

“Building the best public safety communications system possible with our relatively small budget is a priority for our district. The expertise and experience provided by Government Capital Corporation has helped us past the first hurdle and we are closer to reaching that goal,” stated Shawn Halsey, District Administrator.

“I would like to congratulate the district’s leadership on the implementation of this valuable project which will serve the constituents for many years. We take great pride in being able to provide financings to enable first responders to serve their communities better,” commented Joshua Rosser, Government Capital Public Finance Specialist.

About Umatilla Morrow Radio & Data District
The mission of the Umatilla Morrow Radio & Data District is to provide quality public safety communications support to all system users and to provide this service in the most cost effective manner possible. The ability to form a radio and data district was created in 2009 when the Oregon Legislature passed and Governor Kulongoski signed House Bill 3254. The District is funded by a property tax of $.17 per $1000 of assessed value for those residing within the district. For more information, visit umrdd.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 project financings in Texas and across the nation. For more information, visit govcap.com.

 

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