Marcola, Oregon (September 2018) – Marcola School District recently purchased a property near the existing campus which will be used to expand their current CTE and STEM programs of study. The property includes a home which could potentially be used for staff housing and offices and ample land for future district expansion. Additionally, there is a farm on the property which will be used to implement a farm to school/community program and advance their agriculture and FFA programs. Marcola School District selected Government Capital Corporation as the most cost effective option to provide the unique financing.
“Government Capital’s process was straightforward, simple and clear. Securing the funds for this project could have been very complex. The terms provide budget flexibility and helped avoid the cost and delay associated with traditional debt financing,” said Bill Watkins, Superintendent.
“I want to congratulate Mr. Watkins and the Board for their foresight and leadership . This will benefit the District for many years,” stated Stephanie Cates, Government Capital Client Manager.
About Marcola School District No. 79J
The Marcola School District located in Lane County, Oregon, promotes academic excellence, ethical and responsible citizenship for all its students in a safe, supportive and enriched learning environment. The district believes that education should prepare students to succeed academically and socially so they can compete for quality jobs and become productive members of society. For more information, visit marcola.k12.or.us.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to school districts and all other local governmental entities. Since its founding in 1992, the company has completed thousands of project financings in Oregon and across the country. For more information, call (800) 883-1199 or visit govcap.com.
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