Marcola, OR (March 2023) – Marcola School District announces the completion of a new transportation facility, a meaningful step toward self-sufficiency for the rural school district. The “bus barn” is built on the land known as “The Farm” which is used by the district’s agriculture program. The original plan for the facility was formed in 2019 after the district completed the transaction for “The Farm,” however, the timing was not yet right for the project to begin. Three years later, with the community’s support, the district was ready to build the facility. Construction was completed in March 2023, and financing for both “The Farm” and the “bus barn” were provided by Government Capital Corporation, Southlake, TX.
“Having partnered together on multiple projects since 2015, Government Capital Corporation has always been a huge support to us,” commented Terry Augustadt, Superintendent, Marcola School District. “When our project turned out to be over our budget, Gov Cap came to our rescue. This is a great example of just-in-time lending.”
“I would like to congratulate Superintendent Terry Augustadt and the Marcola School District Board on completing the new transportation facility,” stated Stephanie Cates, Vice President, Government Capital Corporation. “We take great pride in assisting Oregon schools in achieving their goals and objectives.”
About Marcola School District
Marcola School District is a public school district which serves the area in and around Marcola, OR with a current enrollment of over 750 students Pre-K-12th grade. The Marcola School District’s mission is to promote academic excellence and ethical and responsible citizenship for all its students in a safe, supportive, and enriched learning environment. To learn more about Marcola School District visit www.marcola.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 and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Oregon and across the country. For more information, visit www.govcap.com.
Waukomis, OK (March 2023) – Waukomis Public Schools announces the completion of their new state-of-the-art elementary school. The final equipment has been delivered and installed, including kitchen equipment for the cafeteria that serves all 380 students within the district. Teachers and students have settled into their new classrooms and are excited to finish the 2022-23 school year in their new building. Construction of the project was funded through bond proceeds, and financing for the HVAC system and interior equipment was provided by Government Capital Corporation, Southlake, TX.
Electra, TX (February 2023) – Electra Independent School District announces the construction of three new tennis courts. The courts are the first step in a multi-phase project to outfit the district’s high school campus with updated and renovated facilities. The previous tennis courts had been repurposed to house portable buildings and will next be the site of a new gymnasium. The current project is underway, and the courts are expected to be completed in time for the 2023-24 tennis season. The courts will be available to the district’s students as well as to members of the community. M & F Litteken Co. is the general contractor for the project, and financing was provided by Government Capital Corporation, Southlake, TX.
Rogers, TX (February 2023) – Rogers Independent School District Superintendent, Joe Craig, is always looking for ways to serve his students and faculty. When he saw a need for more daycare for his staff, he decided to fill that need by providing on-site daycare facilities. The facility comes in the way of a modular building which is expected to arrive by mid-February and will be ready to welcome children in September at the beginning of the 2023-2024 school year. The modular building will be delivered and installed by Ramtech Building Systems, and financing for the project was provided by Government Capital Corporation, Southlake, TX.
