Prospect, OR (July 2019) – Prospect School District No. 59 announces renovations of their school gymnasium. The seismic rehabilitation project began in April and is estimated to be completed in the fall. Utilized in conjunction with financing, the school district was awarded a grant through the Oregon Infrastructure Finance Authority (OBDD). Implementation was administered by S&B James Construction Company, the design and project management was provided by ZCS Engineering & Architecture. Jim Shannon of Mersereau Shannon LLP provided legal review related to the transaction. The district selected Government Capital Corporation as the most cost-effective financing solution for the project.
Mr. Doug Jantzi, Superintendent of Prospect School District No. 59 said, “Government Capital Corporation was able to alleviate hurdles posed by the grant’s tight deadline and complete the financing in a timely matter. The solution provided by GCC was an absolute win for the school district.”
“I would like to congratulate the school district’s leadership on the implementation of this valuable project which will serve the students and community for many years. We take great pride in being able to provide financings to enable school districts to better serve their communities,” stated Jana Offutt, Government Capital Corporation Client Services Specialist.
About Prospect School District No. 59
Prospect School District No. 59 is a Charter Public School located in Jackson County, Oregon. The Prospect area is widely known for its close proximity to Crater Lake National Park. Prospect Charter School serves 232 students in grades Kindergarten through 12th. Prospect students feel safe, know their learning matters, and belong to an expanding community. For more information, visit www.prospect.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, visit www.govcap.com.
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