Government Capital Corporation

Government Capital Corporatoin is a leading public finance firm offering its clients a broad range of financing solutions.

Infastructure

CITY OF LACY LAKEVIEW ANNOUNCES CITY-WIDE WATER METER UPGRADE

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City of Lacy Lakeview logoLacy 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

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 CORRIGAN ANNOUNCES CITY-WIDE WATER METER PROJECT

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City of Corrigan logoCorrigan, 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 WHITNEY ANNOUNCES CITY-WIDE INFRASTRUCTURE IMPROVEMENTS

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City of Whitney logoWhitney, TX (June 2023) – The City of Whitney announces the implementation of a city-wide water meter upgrade project. The upgrade began with a pilot program to test the difference the new radio-read meters could make. After noticing improvements in readings, the city made the decision to replace the remaining 1,100 meters. The water meters are being provided by Fortiline, and financing for the upgrades was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital for over 20 years, working together is like working with family,” stated Kristi Woellert, City Secretary, City of Whitney. “When we need financing, we go to Government Capital. We greatly value their expertise and efficiency.”

“I want to congratulate Kristi Woellert and the City of Whitney 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 Whitney

The City of Whitney was established in 1876 and lies 60 miles south of the Dallas-Fort Worth metroplex. Home to over 2,000 residents and known as the Getaway Capital of Texas, the city offers many options for recreation thanks to Lake Whitney and a variety of local shops and restaurants. To learn more about the City of Whitney visit www.cityofwhitneytx.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 billion in Texas and across the country. For more information, visit www.govcap.com.

FALLS COUNTY ACQUIRES NEW EXCAVATOR

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Marlin, TX (April 2023) – Falls County announces the acquisition of a new excavator to be used on the county’s Roads and Bridges project. The new excavator is the second in the county’s fleet and will be used in conjunction with heavy-duty freight trucks to clear the path for the new roads. The new equipment is expected to arrive by the end of April and the infrastructure improvements will begin upon the equipment’s arrival. Financing for the project was provided by Government Capital, Southlake, TX.

“Having partnered with Government Capital Corporation on multiple projects since 2004, we went right to their team for financing for this equipment acquisition,” stated County Judge Jay Elliott, Falls County. “We know we can get a good rate with Gov Cap and can count on them for a smooth process. We value their knowledge and expertise when it comes to municipal financing for Texas Counties.”

“I want to congratulate Judge Elliott, Georgie Patterson, and Falls County on this acquisition,” commented Cody Thomas, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas counties in meeting their goals and objectives.”

About Falls County

Falls County is located east of Waco and is home to approximately 17,000 residents. The county is named for the original 10-foot-tall waterfall on the Brazos River, which existed until the river changed course during a storm in 1866.  To learn more about Falls County, visit www.co.falls.tx.us.

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

WYLIE ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES PUBLIC INFRASTRUCTURE IMPROVEMENTS

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Wylie, TX (September 2022) – The Wylie Economic Development Corporation (WEDC) announces an infrastructure project intended to spur economic growth within the city of Wylie. This infrastructure project will unlock acreage and help promote development throughout the city. Once the project begins, the 544 Gateway Property as well as Hwy 78 & Brown will be the first locations to break ground. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s broad understanding of the unique challenges facing economic development entities allowed us to begin a project which is greatly needed for the City of Wylie,” commented Jason Greiner, Executive Director, Wylie EDC. “It was a total pleasure to work with the professional and experienced team at Government Capital.”

“I would like to congratulate Jason Greiner and the Wylie EDC on this project,” stated Stephanie Cates, Senior Vice President, Government Capital Corporation. “This is a great example of leaders proactively acting on the improvements and opportunities for their community.”

About Wylie Economic Development Corporation

Wylie Economic Development Corporation is located in Collin County and only 24 miles away from downtown Dallas. Since the early 1990s, WEDC has worked diligently to increase local area employment opportunities, while also diversifying and strengthening the local tax base. Over the years, the WEDC has worked with the City of Wylie to become a catalyst for revitalization along our major thoroughfares. Some of the current efforts can be seen along FM 544 and Hwy 78. To learn more visit www.wylieedc.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 has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com

VILLAGE OF FOREST HILL UPGRADES UTILITY METER INFRASTRUCTURE

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Forest Hill, LA (November 2022) – The Village of Forest Hill announces the upgrade of electronic water and gas meters including an Automatic Meter Infrastructure. This upgrade will allow meters to be read and monitored more accurately and operate more efficiently while improving service to the residents of Forest Hill. “The town’s Water Department employees currently spend approximately 72 hours a month manually reading 1,200 water meters on the system,” commented Elizabeth A. Jeter, Mayor, Village of Forest Hill. “The new system will allow that time to be invested in other needed areas such as improving infrastructure while delivering the best service possible to our community.” The Village selected the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) to assist in the procurement process. Coburn Supply Company and Aqua-Metric provided the metering solution including project design and installation. The tax-exempt lease purchase financing solution was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Louisiana’s unique financing statutes benefited us during the financing of this project,” stated Laural Strange, City Clerk, Village of Forest Hill. “The team at Government Capital provided great value to us. They were very helpful and worked with us every step of the way.”

“I would like to congratulate the Village of Forest Hill on this important infrastructure improvement,” commented DC Greer, Senior Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the Village of Forest Hill on a project which will deliver tremendous benefits to the city.”

About the Village of Forest Hill

The Village of Forest Hill is located in Rapides Parish in central Louisiana and has a population of over 800 residents. The Village was founded in 1897 by the Forest Hill Mill Company and sits in the heart of the central Louisiana pine forests. The Village of Forest Hill is the Nursery Capital of Louisiana and is the home of the Nursery Festival held every spring. To learn more visit foresthill-la.com.

About Louisiana Municipal Advisory and Technical Services Bureau (LaMATS)

The Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) was established in 1998 and is a wholly owned subsidiary of the Louisiana Municipal Association (LMA). The mission of LaMATS is to bring economical and efficient services that assist the LMA membership with their day-to-day business. LaMATS offers a variety of services and programs including the Insurance Premium Tax Collection Program, Occupational License Program, LaMATS Purchasing Services, Millage Management, Municipal Debt Recovery, etc. To learn more visit www.lamats.net

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 has successfully completed thousands of municipal financings exceeding $5 billion in Louisiana and across the country. For more information, visit www.govcap.com.