Lanett, AL (January 2024) – The City of Lanett has launched a city-wide water meter upgrade project to replace over 2,500 meters. The new meters will allow the city to recapture water loss with greater accuracy. System design and installation of the new meters is provided by Consolidated Pipe. The project is anticipated to be completed by March 2024. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.
“This is the first time the City of Lanett has had the opportunity to work with Government Capital, and it was an all-around positive experience,” stated Randall Aikens, Building Official, City of Lanett. “The team’s expertise in financing for Alabama cities was evident throughout the process and provided us with a smooth and efficient funding.”
“I want to congratulate Randall Aikens and the City of Lanett on the implementation of the new water meters,” commented DC Greer, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Alabama cities with the completion of projects that enable them to better serve their communities.”
About the City of Lanett
The City of Lanett was established in 1895 and sits in a prime location between Montgomery, AL, Atlanta, GA, Birmingham, AL, and Columbus, GA. The city had a very prosperous textile industry during the mid-20th century and has recently experienced a boom and revitalization due to its growing automotive industry. To learn more about the City of Lanett, visit cityoflanett.com.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $6 billion in Alabama and across the country. For more information, visit www.govcap.com.