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
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.