Roanoke, Alabama (March 2018) – Roanoke City Schools has begun implementation of necessary campus improvements. These improvements include districtwide LED lighting upgrades, communication systems and a new roof at Handley High School. It is anticipated the renovations will be completed by Fall 2018. Government Capital Corporation was selected to provide financing for the multiple projects.
“Our financing partner, Government Capital Corporation, provided specialized expertise along with a 20 year fixed finance term which was advantageous to our needs,” stated Pam Mitchum, Chief School Financial Officer. “It is great to take advantage of the savings with the new and improved upgrades.”
“We are delighted to partner with the staff on this new financing for the District,” said Drew Whitington, Government Capital Corporation Client Manager. “We take great pride in participating in a project which will provide enhancements and a better learning environment for the kids.”
Government Capital worked alongside Balch and Bingham LLP, Birmingham, Alabama, who served as Special Tax Counsel to help review and coordinate the necessary legal documents.
About Roanoke City Schools
“Roanoke…Together… Educating with Excellence, Challenging for Success, Inspiring Learners for Life.” Roanoke City Schools is a public school system in Randolph County, Alabama. Roanoke City Schools is comprised of 1,541 students in Knight-Enloe Elementary, Handley Middle, and Handley High Schools. For more information, visit RoanokeCitySchools.org.
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 successfully completed thousands of project financings across the country. For more information, call (800) 883-1199 or visit govcap.com.