Government Capital Corporation

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

Utility Districts

CITY OF BONHAM ANNOUNCES WATER METER AND ENERGY CONSERVATION PROJECT

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Bonham, TX (November 2020) – The City of Bonham announces the purchase of new Advanced Metering Infrastructure (AMI) water meters and energy conservation equipment. This project includes the installation of 3,300 new automatic reader water meters as well as LED lighting retrofits, AC unit replacement and SCBA tank compressors.  With implementation already underway the project is expected to be completed in April 2021.  Ameresco, Inc. was selected to provide project design and installation services.  Financing for the project was provided by Government Capital Corporation, Southlake, Texas.

“Since 2017 the City of Bonham has completed multiple financings with Government Capital Corporation and we appreciate their experience in municipal financing,” stated Sean Pate, City Manager.  “Government Capital’s expertise was a great value to the overall project.”

“This successful implementation of this project will serve the city of Bonham for many years,” commented Drew Whitington, Government Capital Corporation Client Services.  “It was a pleasure to work with the Bonham city officials.  We take great pride in assisting Texas cities reach their goals and objectives.”

About the City of Bonham
The city of Bonham is in Fannin County approximately 75 miles northeast of the Dallas/Fort Worth metroplex with an approximate population of 10,127. The largest employers of Bonham are the Veterans Medical Center, Texas Department of Criminal Justice and McCraw Oil. Bonham is one of the oldest cities in Texas dating back to 1837. James Bonham, the city’s namesake sought the aid of James Fannin at the Battle of the Alamo. Bonham has a rich history and is a great place to call home. For more information, visit www.cityofbonham.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 has successfully completed thousands of municipal financings exceeding $4 Billion across Texas and the nation. For more information, visit www.govcap.com

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TOWN OF RICHLAND UPGRADES WATER METERS

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The Town of Richland, NY (November 2020) – The Town of Richland announces the purchase of an AMI meter reading system including 1,000 Stealth Radio MIU Transmitters to retrofit all current bronze meters.  Implementation of this project has begun and is scheduled to be completed in June 2021.  “This upgrade will greatly enhance reporting efficiencies and allow meters to be read and monitored from a central location,” stated Daniel Krupke, Town Supervisor. “The result is the utility will operate more efficiently while improving service to our customers.”  Zenner USA provided the metering solution and Blair Supply Corporation is providing the project design and installation.  Government Capital Corporation, Southlake, Texas provided the financing for the project.

“Government Capital’s expertise and experience was a great value to our project,” stated Daniel Krupke.  “Their knowledge of public sector financing greatly streamlined the project.”

“I want to congratulate Daniel Krupke, Town Supervisor for his foresight and leadership with the upgraded water meters and AMI infrastructure,” stated Paige Locknane, Client Services, Government Capital Corporation. “This investment will benefit the Town of Richland for many years.”

About the Town of Richland
The Town of Richland is unique as it is bordered by Lake Ontario’s eastern shore in Oswego County in the heart of the Salmon River corridor. The Town of Richland offers white sand beaches, state parks, four seasons of recreation and year-round sport fishing. The pride of Richland is the state-of-the art water system that provides award winning water quality, serving Richland and neighboring towns.

About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to municipalities, fire districts, schools, hospitals and other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4 billion in New York and across the country. For more information, visit www.govcap.com.

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TOWN OF WHITE CASTLE UPGRADES WATER METERS

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The Town of White Castle, LA (September 2020) – The Town of White Castle announces the upgrade of 750 water meters and the related Automatic Meter Infrastructure. The installation was completed in early July 2020.  “This upgrade will allow meters to be read and monitored from a central location,” stated John Morris III, Mayor. “The result is the utility will operate more efficiently while improving service to our customers.”  Core & Main provided the metering solution including project design and installation.  Government Capital Corporation, Southlake, Texas provided the financing for the project.

“Government Capital’s expertise and experience was a great value to our project,” stated John Morris III.  “Their knowledge of public sector financing greatly streamlined the project.”

“I want to congratulate Mayor Morris and the Town Alderman for their foresight and leadership with the upgraded water meters and AMI,” stated Marti Sauls, Client Services, Government Capital Corporation. “This investment will benefit the Town of White Castle for many years.”

About the Town of White Castle
The Town of White Castle is in southeastern Iberville Parish on the south bank of the Mississippi River. White Castle is home to the Cora Texas Sugar Mill, one of the largest sugar mills in the United States. Alongside Cora Texas Sugar Mill, Nottoway Plantation and Resort are the two main economic forces in the town. https://whitecastle.us/home

About Government Capital Corporation
Government Capital Corporation is an endorsed financing partner of LaMATS and is a leading public finance firm providing professional financial services to municipalities, parishes, fire districts, schools and other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4 billion in Louisiana and across the country. For more information, visit www.govcap.com.

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Lynchburg and Moore County To Upgrade Water Meters

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The Metropolitan Government of Lynchburg, Moore County, TN (August 18th 2020) – The Moore County Utility Department is announcing the upgrade of 2,500 water meters and related Automatic Meter Infrastructure. The project is scheduled to be completed in the fall.  “This upgrade will allow meters to be read and monitored from a central location, even with the diverse terrains of Moore County,” stated Russell Sells, Utility General Manager. “The result is the utility will operate more efficiently while improving service to our customers.”  Zenner, Inc. and G&G Supply, Inc. provided the metering solution including project design and installation.  Government Capital Corporation was selected as the most cost-effective financing solution.

“GCC made the financing process extremely smooth during a time when most people were working remote.  Everyone I spoke to was very knowledgeable and provided excellent customer service.  GCC’s experience and expertise were of great value to our project,” stated Brooke Fanning, Office Manager for Moore County Utility Department.

“I want to congratulate Mr. Sells and his team for their foresight and leadership with the upgraded water meters and AMI,” stated Ed King, Government Capital Corporation Senior Vice President. “This investment will benefit Lynchburg and Moore County for many years.”

About Metropolitan Government of Lynchburg and Moore County
Lynchburg and Moore County is a consolidated city-county government with Lynchburg as the county seat. It is located in the south-central region of Tennessee with a very diverse terrain, partially on the rugged Highland Rim and partially in the flatter Nashville Basin. The original Jack Daniels Distillery is located in Lynchburg and is a major employer of Moore County.

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 $4 billion in Tennessee and across the country. For more information, visit www.govcap.com.

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AGUA SPECIAL UTILITY DISTRICT ADDS MULTIPLE ENHANCEMENTS INCLUDING NEW WATER METERS, LED LIGHTING AND NEW VEHICLES FOR THE DISTRICT

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Palmview, Texas (Fall 2018) – The Agua Special Utility District recently announced multiple enhancements throughout the district. These enhancements include updating 14,700 new water meters, adding new LED lighting at the Water Treatment plants and purchase new vehicles for the district.

“Agua SUD will benefit from the new water meters by eliminating the need for devoted resources to replace failing meters throughout the surrounding water service area. The reliability of water service and accurate billing for residential and commercial customers will be greatly enhanced” stated the General Manager. “Government Capital’s knowledge of the lending laws and the ability to customize financing, allowed us to purchase much needed equipment.”

“I want to congratulate the Board for their foresight and leadership with the upgraded facilities. These enhancements will benefit the District for many years,” stated Stephanie Cates, Vice President Government Capital Corporation.

About Agua Special Utility District

Agua Special Utility District was created in 2005 to provide drinking water and sewer collection services to its customers in Hidalgo and Starr County. The District is located approximately 13 miles west of the City of McAllen’s Business District, along expressway 83. The eastern boundary of the District is comprised primarily of the City of Mission’s city limits for the southern half and Bensten Palm Drive for the northern half of the District. The southern boundary of the District is made up entirely by the Rio Grande River and the U.S./Mexico Border. The District contains the City of Palmview, the City of Peñitas, the City of Sullivan City, and the Communities of Cuevitas and Los Ebanos. For more information, visit aguasud.org.

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to utility districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Texas and across the nation. For more information, visit govcap.com.

 

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