Brownfield, Texas (March 2019): The City of Brownfield announces the closing of a $3,000,000 Certificates of Obligation. The proceeds are being utilized for renovations to existing sports fields, lighting, fencing and various other related improvements. The ground breaking is scheduled in March with completion in April 2020. Eldon Jobe, City Manager, stated “This project is the culmination of years of planning and preparation. This facility will serve the constituents of Brownfield for many years to come.”
The City selected Government Capital Securities Corporation, as the Financial Advisor for the issuance of the Certificates of Obligation. The project design and engineering was provided by Parkhill, Smith and Cooper Inc.
“This project is a wonderful illustration of city leaders putting citizens first while skillfully balancing available resources,“ stated Jake Lawrence, Vice President of Government Capital Securities Corporation. Jake added, “I want to congratulate the city and community for the implementation of a great project.”
About City of Brownfield
The City of Brownfield is the county seat of Terry County, with a population over 9,600. South of the panhandle, this City is considered the Grape Capital of Texas. The City was Founded in 1903 and named for the Brownfield family. For more information, please visit ci.brownfield.tx.us.
About Government Capital Securities Corporation
GOVERNMENT CAPITAL SECURITIES CORPORATION (GCSC) is a privately held securities firm headquartered in Southlake, Texas. Since 1999, the firm has offered its clients a broad range of Public Finance services. For more information, visit govcapsecurities.com.
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