City

CITY OF SEMINOLE ANNOUNCES WATER METER REPLACEMENT PROJECT

December 11, 2023

Seminole, TX (December 2023) – The City of Seminole announces the implementation of a city-wide water meter replacement project. The new meters will allow the city to recapture water loss and quickly address leakages as they arise. The city selected Advanced Metering Infrastructure (AMI) meters to help track real-time consumption and allow customers the ability to access their data online. The 3,300 meters are on order and are expected to arrive by the end of this month from Premier Waterworks. Installation is anticipated to be completed by February 2024, and financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital in the past, we were glad to work with them again for this project,” stated Mary Furlow, City Administrator, City of Seminole. “They had much of our necessary documentation on file allowing for a quick and seamless funding, and their expertise was evident throughout the process.”

“I want to congratulate Mary Furlow and the City of Seminole on the implementation of this important project,” commented Cody Thomas, Municipal Finance Specialist, Government Capital Corporation. “We are proud to assist Texas cities in meeting their goals and objectives.”

About the City of Seminole

The City of Seminole is located in West Texas and is the county seat of Gaines County. Seminole is home to over 7,100 residents and is a top producer of cotton, peanuts, and oil in the state of Texas. To learn more about the City of Seminole, visit seminoletxchamber.org.

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 $5.8 billion in Texas and across the country. For more information, visit www.govcap.com.

CITY OF TALLULAH ACQUIRES NEW POLICE VEHICLES

December 6, 2023

Tallulah, LA (December 2023) – The City of Tallulah announces the addition of five new police vehicles to the existing fleet. The vehicles will be used for investigative and administrative duties as well as for daily patrols to serve the growing community of Tallulah. The vehicles were delivered to the city in October from Premier Dodge, and financing was provided by Government Capital Corporation in Southlake, TX.

“Having partnered with Government Capital previously, it was easy to return to them for this project,” stated Chief Buster McCoy, City of Tallulah. “Their expertise in Louisiana’s unique financing statutes was evident every step of the way. The team was excellent to work with and completed our funding in a timely manner.”

“I want to congratulate Chief McCoy, the Tallulah Police Department, and the City of Tallulah on their fleet additions,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We are proud to partner with Louisiana cities to assist in meeting their goals and objectives.”

About the City of Tallulah

The City of Tallulah is located in northeast Louisiana and is home to over 6,200 residents. The Tallulah Police Department is committed to crime prevention, enforcement of laws and supporting quality public safety by delivering respectful, professional, and dependable police services. To learn more about the City of Tallulah, visit cityoftallulah.org.

About Government Capital Corporation

Government Capital Corporation (GCC) 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 $5.8 billion in Louisiana and across the country. Additionally, GCC serves as the administrator of the equipment lease financing program for the Louisiana Municipal Advisory and Technical Services Bureau (LAMATS). For more information, visit www.govcap.com.

CITY OF LACY LAKEVIEW ANNOUNCES CITY-WIDE WATER METER UPGRADE

November 27, 2023

Lacy Lakeview, TX (November 2023) – The City of Lacy Lakeview is in the early stages of a city-wide water meter upgrade project replacing over 2,300 meters. The new ultrasonic meters will allow the city to recapture water loss and improve efficiency. The equipment is expected to arrive by the first of the year, and the project’s anticipated completion is Summer of 2024. The meters and installation will be provided by Core & Main, and financing for the project is being provided by Government Capital Corporation, Southlake, Texas.

“We had a very smooth experience working with Government Capital,” stated Calvin Hodde, City Manager, City of Lacy Lakeview. “The team’s expertise was evident throughout the process in how efficiently they completed this financing.”

“I want to congratulate Calvin Hodde and the City of Lacy Lakeview on their water meter replacement project,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Lacy Lakeview

The City of Lacy Lakeview is located in Central Texas outside of Waco and is home to over 7,000 residents. The city is named for William David Lacy who initiated growth of the community in the 1880s and for its proximity to what is today know as Spring Lake. To learn more about the city, visit www.lacylakeview.org.

About Government Capital Corporation

CITY OF CUERO ANNOUNCES VEHICLE FLEET ACQUISITIONS

October 30, 2023

Cuero, TX (October 2023) – The City of Cuero announces the acquisition of dozens of new vehicles for multiple city departments including Emergency Services, Public Works, and Parks & Recreation. The fleet includes new vehicles to accommodate substantial growth of the city as well as replacements for outdated models. Due to newly available funds, the city had the opportunity to undertake the fleet update project. The updates will allow the city to begin its Vehicle Replacement Cycle with a fresh inventory. Delivery of the vehicles has begun and is anticipated to continue throughout the next 12 months. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital since 2015, we had a great experience turning to the team once again,” stated Connie Hawes, Finance Director, City of Cuero. “They were able to extend our rate-lock in a rising interest rate market, and their experience and expertise were evident throughout the project.”

“I want to congratulate Connie Hawes and the City of Cuero on their vehicle fleet updates,” commented Matt Sullivan, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Cuero

Located in DeWitt County in South Texas, the City of Cuero was founded in 1873 and is home to over 8,000 residents. In the early 20^th century, the city became known for its turkey farming and established the herding of turkeys to the packing house as the Turkey Trot in 1912. Today, the city commemorates the Turkey Trot with an annual Turkeyfest every October. To learn more about the City of Cuero, visit www.cityofcuero.com.

About Government Capital Corporation

CITY OF CORRIGAN ANNOUNCES CITY-WIDE WATER METER PROJECT

October 9, 2023

Corrigan, TX (September 2023) – The City of Corrigan announces the implementation of a city-wide water meter upgrade project. The radio-read system will collect and transmit data remotely, allowing the city to recapture water loss and reallocate valuable manpower. The project is anticipated to be completed by the end of October. System design and installation of the project is being provided by Core & Main. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital since 2006, we greatly value the company’s experience and expertise,” stated Darrian Hudman, City Manager, City of Corrigan. “I can always count on the Gov Cap team to answer all my questions and provide high quality service.”

“I want to congratulate Darrian Hudman and the City of Corrigan on their water meter upgrades,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Corrigan

Located in Polk County in East Texas, the City of Corrigan was incorporated in 1938 and is home to over 1,400 residents. The town was named after Pat Corrigan who was the conductor of the first train to pass through the town on the Houston East and West Texas Railway when it was completed in 1881.

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 $5.7 billion in Texas and across the country. For more information, visit www.govcap.com.

CITY OF MARBLE FALLS ANNOUNCES CAPITAL EQUIPMENT ACQUISITIONS

August 28, 2023

Marble Falls, TX (August 2023) – The City of Marble Falls has begun the process of acquiring new capital equipment for a variety of city departments. The acquisitions include police vehicles, heavy equipment, and 911 radio technology to remain up-to-date and to provide the best service to citizens. The city has begun implementation of the new 911 technology and anticipates delivery of the vehicles and heavy equipment by the end of September. Financing for the acquisitions was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital for almost 10 years, we know we can count on Gov Cap for all our financing needs,” stated Jeff Lazenby, Finance Director, City of Marble Falls. “The team is very responsive, and their expertise is evident in their seamless process and competitive rates.”

“I want to congratulate Jeff Lazenby and the City of Marble Falls on their capital equipment acquisitions,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities in meeting their goals and objectives.”

About the City of Marble Falls

The City of Marble Falls is home to over 7,200 residents and is located in the middle of the Texas Hill Country. Incorporated in 1907, the falls the city is named for actually run over a limestone deposit whose coloring was first mistaken for marble. Today, the city offers numerous attractions for residents and visitors alike from hiking, boating, and fishing to shopping, dining, and relaxing. To learn more about the City of Marble Falls, visit marblefallstx.gov.

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 $5.7 billion in Texas and across the country. For more information, visit www.govcap.com.