Government Capital Corporation

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

Town

CITY OF CARLTON ANNOUNCES CONSTRUCTION OF NEW CIVIC CENTER

By


City of Carlton LogoCarlton, OR (March 2023) – The City of Carlton has begun construction of a new civic center. The previous city hall building has been demolished to make room for the new 12,854 square foot facility which will provide community space and house the Carlton City Hall as well as the Carlton Public Safety Department. The new center will include public restrooms, an interactive history of Carlton, a hub for local business networking, and flexible community space for public and private functions. The facility is anticipated to open by the end of 2024. The architect for the project is Holst Architecture, and financing for the project was provided by Government Capital Corporation, Southlake, TX.

“We had a very positive experience working with Government Capital on this project,” stated Christy Martinez, Assistant City Manager, City of Carlton. “We’re thankful for the communication the team provided throughout the process and how they followed through on getting us to the finish line.”

“I want to congratulate the City of Carlton on their new civic center,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Oregon cities in meeting their goals and objectives.”

About the City of Carlton

The City of Carlton was settled by homesteaders in the 1840s and has grown to a current population of 2,135 residents. The city is situated between Portland and the Pacific coast and has a rich history of agriculture, logging, and wine production. Presently, the city is known as the Wine Capital of Oregon. To learn more about the City of Carlton, visit www.ci.carlton.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.

CITY OF GONZALES ACQUIRES NEW FIRE TRUCK

By

Gonzales, TX (December 2022) – The City of Gonzales announces the acquisition of a new fire truck. The new vehicle is replacing an engine in the 10-vehicle fleet that has served the city since 2008. “Everyone’s really excited for the new engine,” stated Fire Chief Wade Zella of his 42-man crew. Chief Zella has served with the Gonzales Fire Department since 1998, working his way from volunteer to Chief. The fire truck will be delivered by Siddons Martin in 24 months, and financing was provided by Government Capital Corporation in Southlake, Texas.

“Having partnered with Government Capital Corporation for over 15 years, the city greatly appreciates GCC’s expertise and knowledge of the unique needs of Texas municipalities,” stated Tim Crow, City Manager, City of Gonzales. “It was a pleasure working with the experienced and professional team at Government Capital.”

“I want to congratulate City Manager Tim Crow, Chief Zella and the City of Gonzales on this acquisition,” commented Stephanie Cates, Vice President, Government Capital Corporation. “We take great pride assisting Texas cities in meeting their goals and objectives.”

About the City of Gonzales

The City of Gonzales is located in south central Texas near Palmetto State Park, east of San Antonio. Gonzales was established in 1825 and is the origin of the historic “Come and Take It” flag from the War for Texas Independence. Today, Gonzales is home to more than 7,000 residents and the Texas History Museum District – the first of its kind. To learn more visit www.gonzales.texas.gov

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

VILLAGE OF FOREST HILL UPGRADES UTILITY METER INFRASTRUCTURE

By

Forest Hill, LA (November 2022) – The Village of Forest Hill announces the upgrade of electronic water and gas meters including an Automatic Meter Infrastructure. This upgrade will allow meters to be read and monitored more accurately and operate more efficiently while improving service to the residents of Forest Hill. “The town’s Water Department employees currently spend approximately 72 hours a month manually reading 1,200 water meters on the system,” commented Elizabeth A. Jeter, Mayor, Village of Forest Hill. “The new system will allow that time to be invested in other needed areas such as improving infrastructure while delivering the best service possible to our community.” The Village selected the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) to assist in the procurement process. Coburn Supply Company and Aqua-Metric provided the metering solution including project design and installation. The tax-exempt lease purchase financing solution was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Louisiana’s unique financing statutes benefited us during the financing of this project,” stated Laural Strange, City Clerk, Village of Forest Hill. “The team at Government Capital provided great value to us. They were very helpful and worked with us every step of the way.”

“I would like to congratulate the Village of Forest Hill on this important infrastructure improvement,” commented DC Greer, Senior Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the Village of Forest Hill on a project which will deliver tremendous benefits to the city.”

About the Village of Forest Hill

The Village of Forest Hill is located in Rapides Parish in central Louisiana and has a population of over 800 residents. The Village was founded in 1897 by the Forest Hill Mill Company and sits in the heart of the central Louisiana pine forests. The Village of Forest Hill is the Nursery Capital of Louisiana and is the home of the Nursery Festival held every spring. To learn more visit foresthill-la.com.

About Louisiana Municipal Advisory and Technical Services Bureau (LaMATS)

The Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) was established in 1998 and is a wholly owned subsidiary of the Louisiana Municipal Association (LMA). The mission of LaMATS is to bring economical and efficient services that assist the LMA membership with their day-to-day business. LaMATS offers a variety of services and programs including the Insurance Premium Tax Collection Program, Occupational License Program, LaMATS Purchasing Services, Millage Management, Municipal Debt Recovery, etc. To learn more visit www.lamats.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 Louisiana and across the country. For more information, visit www.govcap.com.

TOWN OF BASILE TO UPGRADE WATER METERS

By

  Basile, LA (August 2022) – The Town of Basile announces the upgrade of the town’s electronic water meters, including installation of an Automatic Meter Reading system. This upgrade will allow meters to be read and monitored more accurately as well as operate more efficiently while improving service to the residents of Basile. In addition to residents of the town, the water system serves customers in the immediate unincorporated areas surrounding the municipality. Prior to this improvement, the town spent an average of four or five days each month to manually read meters. The metering solution, including project design and installation, was provided by Core & Main.  The Town utilized the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) cooperative lease purchase program administered by Government Capital Corporation, Southlake, Texas to provide funding for the project.

“Our partnership with Government Capital Corporation enabled the town to make a much-needed improvement,” stated Mark Denette, Mayor, Town of Basile. “We were wanting to be more consistent with our billing to our customers and this upgrade has allowed us to do so.”

“I would like to congratulate Mayor Denette and the Town of Basile on this upgrade for the town,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “This project will benefit the town for many years to come.”

About the Town of Basile

The town of Basile (population 1,214) straddles U.S. Highway 190 in the southwestern corner of Evangeline Parish and the northwestern part of Acadia Parish.  Basile is the home of the La. Swine Festival, held the first weekend of November, annually, and locals host yearly traditional rural Mardi Gras runs. Pioneer Cajun musicians such as Dewey Balfa, Nathan Abshire, Boi Sec Ardoin and Nonc Allie Young started their music careers in Basile, which is also their hometown. The town is home to the Basile Bearcats and also the Nathan Abshire Cajun Music Museum.

About Louisiana Municipal Advisory and Technical Services Bureau (LaMATS)

The Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) was established in 1998 and is a wholly-owned subsidiary of the Louisiana Municipal Association (LMA). The mission of LaMATS is to bring economical and efficient services that assist the LMA membership with their day-to-day business. LaMATS offers a variety of services and programs including Insurance Premium Tax Collection Program, Occupational License Program, LaMATS Purchasing Services, Millage Management, Municipal Debt Recovery, etc. To learn more visit www.lamats.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 Louisiana and across the country. For more information, visit www.govcap.com

###