Government Capital Corporation

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

Infastructure

CITY OF TROUP ANNOUNCES COMPLETION OF WATER WELL REPAIRS

City of Troup logoTroup, TX (March 2024) – The City of Troup announces the completion of water well repairs to a 1,000-foot deep well that brings potable water to residents. Built in 1957, the well was due for routine servicing in August 2023 when the well suddenly failed, and it was discovered that the pump needed an emergency replacement. The pump replacement and installation were completed in November, and financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital for over two decades, the city has always appreciated Gov Cap’s willingness to assist on our projects,” stated Gene Cottle, City Manager, City of Troup. “Government Capital’s expertise in the market was evident due to the ease with which we were able to obtain financing for this project.”

“I want to congratulate Gene Cottle and the City of Troup on successfully completing this project,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Texas cities in fulfilling their goals and objectives to best serve their communities.”

About the City of Troup

The City of Troup is located in East Texas and is home to over 2,000 residents. Located in both Smith County and Cherokee County, the city was initially known as Zavalla and renamed to Troup in 1872. To learn more about the City of Troup, visit trouptx.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 Texas and across the country. For more information, visit www.govcap.com.

CITY OF McCAMEY ANNOUNCES INFRASTRUCTURE UPGRADE PROJECT

City of McCamey logoMcCamey, TX (February 2024) – The City of McCamey has launched a city-wide water meter upgrade project to replace over 1,500 outdated meters. The new meters will allow the city to identify and recapture water loss in a timely manner. The city has begun the accompanying software upgrade which will provide increased efficiency in gathering data, and installation of the meters is anticipated to begin in March 2024. Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“We had a wonderful experience partnering with Government Capital on this financing,” stated Patty Jones, City Secretary, City of McCamey. “Everything came together smoothly, and we’re looking forward to working together again soon.”

“I want to congratulate Patty Jones and the City of McCamey on the launch of this water meter and software upgrade,” commented Cody Thomas, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting Texas cities with the completion of projects that enable them to better serve their communities.”

About the City of McCamey

The City of McCamey was incorporated in 1927 and is located in West Texas. Home to over 1,400 residents, the city has been declared the Wind Energy Capital of Texas. To learn more about the City of McCamey, visit mccameycity.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 $5.9 billion in Texas and across the country. For more information, visit www.govcap.com.

D&M WATER SUPPLY CORPORATION ANNOUNCES WATER METER UPGRADES

Logo for D&M Water Supply CorporationDouglass, TX (December 2023) – The D&M Water Supply Corporation announces the implementation of a district-wide water meter replacement project. The 2,300 new meters feature radio-read technology allowing for increased efficiency in both manpower and service. Installation of the meters began in November and is anticipated to be completed by the end of this month. The meters and installation were supplied by Ferguson Waterworks, and financing for the project was provided by Government Capital Corporation in Southlake, Texas.

“We had an excellent experience working with Government Capital,” stated Donnie Babb, Manager, D&M Water Supply Corporation. “The funding came together very quickly thanks to the team’s proficiency in financing for water supply corporations, and their communication throughout the project was second to none.”

“I want to congratulate Donnie Babb and the D&M Water Supply Corporation on implementing the new water meters,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Texas water supply corporations in meeting their goals and objectives.”

About D&M Water Supply Corporation

D&M Water Supply Corporation serves 140 square miles surrounding a portion of the City of Nacogdoches in East Texas with the goal of providing safe, clean water to all residents. To learn more about D&M Water Supply Corporation, visit dmwater.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 SEMINOLE ANNOUNCES WATER METER REPLACEMENT PROJECT

City of Seminole logoSeminole, 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 LACY LAKEVIEW ANNOUNCES CITY-WIDE WATER METER UPGRADE

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

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.