Ono Island Water, Sewer & Fire Protection Authority, AL (March 2021) – The Ono Island Water, Sewer and Fire Protection Authority recently approved the construction of a new fire station on River Road in Orange Beach, Alabama. Construction of the fire station is expected to be completed in the next 9-12 months. The 5,883 square foot station will include 2 apparatus bays, 6 dorm rooms, an office, an EMS Room, kitchen and living area as well as a training room. McCollough Architecture, Orange Beach, Alabama was selected to provide the architectural design for the project. MW Rogers Construction Company LLC, Mobile, Alabama will serve as the general contractor. Financing for the project was provided by Government Capital Corporation, Southlake, Texas. Hand Arendall Harrison Sale, Mobile, Alabama, served as bond counsel and provided all documentation and requisite legal opinion.
“Government Capital’s experience and expertise was a great value to our project,” explained Pete Stritzinger, Ono Island Water, Sewer and Fire Protection Authority Chairman of the Board, and the 20-year fixed rate loan structure provided budget flexibility and eliminated the risk of a future interest rate associated with variable rate options.”
“Working with state and local governments for over 25 years, we take great pride in assisting municipalities meet their goals and objectives. I want to congratulate Pete Strizinger and the Ono Island Water, Sewer and Fire Protection Authority Board for their leadership in the implementation of this important project.” stated D.C. Greer, Government Capital Corporation, Senior Vice President.
About Ono Island Water, Sewer and Fire Protection Authority
Ono Island Water, Sewer and Fire Protection Authority is a business entity and a domestic non-profit corporation, governed by a five-member Board of Directors. The Authority provides services to the more than 1,400 residents of Ono Island located in Baldwin County, Alabama. The fire protection services are contracted with the City of Orange Beach. Ono Island is a 5.5-mile-long natural barrier island separated from downtown Orange Beach, Alabama and Perdido Key, Florida.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Emergency Service Districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.5 billion in Alabama and across the country. For more information, visit www.govcap.com.