Government Capital Corporation

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water meters

LAFAYETTE PARISH WATERWORKS DISTRICT SOUTH UPGRADES WATER METERS

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Lafayette Parish, LA (May 2022) – The Lafayette Parish Waterworks District South announces the upgrade of water meters including an Automatic Meter Infrastructure. This upgrade will allow for more accurate reads and operate more efficiently while improving the service to the residents of the southwestern section of Lafayette Parish. The new meters will replace existing water meters which have been in service for over two decades. The installation of the meters has begun and is anticipated to be completed by the fall of 2022. Coburns and Utility Metering Solutions provided the equipment and installation. McBade Engineers assisted with the project design. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Louisiana’s unique financing statutes benefited us greatly during the financing of this project,” commented Fred Arsement, Board President, Lafayette Parish Waterworks District South. “The team at Government Capital assisted us every step of the way so we could take advantage of this opportunity.”

“I want to congratulate Mr. Arsement and the Lafayette Parish Waterworks District South on this important infrastructure improvement project,” stated DC Greer, Senior Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the Lafayette Parish Waterworks District South on a project which will deliver tremendous benefits for many years.”

About the Lafayette Parish Waterworks District South

The Lafayette Parish Waterworks District South (LPWDS) began serving customers in the Judice community in 1982. The system has since grown to supply water to most of the southwestern area of Lafayette Parish. LPWDS once produced water from two deep water wells, but eventually closed its plant in 2006 and currently purchases all of its water from Lafayette Utilities System. Today, LPWDS serves over 4,500 customers and has over 100 miles of water lines.

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. Additionally, Government Capital Corporation 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

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TOWN OF MANY UTILIZES LAMATS PURCHASING SERVICES TO UPGRADE WATER METERS

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Many, LA (February 2022) – The Town of Many announces the upgrade of electronic water meters including an Automatic Meter Infrastructure. This upgrade will allow meters to be read and monitored more accurately as well as operate more efficiently while improving service to the residents of Many. “The Town’s Water Department employees currently spend approximately 68 hours a month manually reading 1,444 water meters on the system,” commented Robert H. Hable, Jr., Mayor, Town of Many. “These new automatic meters 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 Town selected the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) to assist with the lease purchase program. Core & Main provided the metering solution including project design and installation. Lease Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Louisiana unique financing statutes benefited us during the financing of this project,” stated Suzanne Williams, Grant Writer, Town of Many. “The team at Government Capital provided great value to us.”

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

About the Town of Many

The Town of Many is the parish seat of Sabine Parish in western Louisiana and has a population of over 2,000 residents. The Town was founded in 1843 by Colonel John B. Many and sits in the heart of Toledo Bend Lake Country. The Town of Many offers the modern conveniences of a large city while keeping the charm of a small southern town. To learn more visit www.townofmany.org

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 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 $4.8 billion in Louisiana and across the country. For more information, visit www.govcap.com

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CITY OF KAUFMAN UPGRADES WATER METERS

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Kaufman, TX (November 2021) – The City of Kaufman announces the upgrade of water meters including an Automatic Meter Infrastructure. This upgrade will allow for more accurate reads and operate more efficiently while improving the service to the residents of Kaufman. This project will be replacing outdated water meters throughout the city and is anticipated to be completed by September 2022. Performance Services provided the metering solution including project design and installation. Financing was provided by Government Capital Corporation, Southlake, Texas.

“I want to congratulate the City of Kaufman on this important infrastructure improvement project,” stated Drew Whitington, Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the City of Kaufman on a project which will be beneficial to the city for many years.”

About City of Kaufman

The City of Kaufman is the county seat of Kaufman County and it is home to over 7,000 residents. Kaufman was established in 1840 and was founded as “Kings Fort” named after its founder Dr. William P. King. To learn more visit www.kaufmantx.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 $4.8 billion in Texas and across the country. For more information, visit www.govcap.com

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CITY OF BEGGS TO UPGRADE ELECTRIC AND WATER METERS

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Beggs, Oklahoma (November 2021) – The City of Beggs announces the upgrade of electric and water meters including an Automatic Meter Infrastructure. This upgrade will allow meters to be read and monitored more accurately as well as operate more efficiently while improving service to the residents of Beggs. This project is anticipated to be completed by the end of this month. Secure Vision provided the metering solution including project design and installation. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s knowledge and expertise in Oklahoma’s unique financing statutes benefited us during the financing of this project,” commented Doris Tharp, City Secretary, City of Beggs. “The team at Government Capital provided great value to us.”

“I would like to congratulate the City of Beggs on this important infrastructure improvement,” stated Tara Clawson, Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the City of Beggs on a project which will deliver tremendous benefits for many years.”

About the City of Beggs

The City of Beggs is located in Okmulgee County and is home to over 1,500 residents. It officially became a town in September 1900 and was originally a center for hogs, cattle, and horse ranches in the area. The City of Beggs was named for C.H. Beggs, the vice president of the St. Louis-San Francisco Railway.

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 $4.8 billion in Oklahoma and across the country. For more information, visit www.govcap.com

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CITY OF SEBEKA UPGRADES WATER METERS

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Sebeka, MN (October 2021) – The City of Sebeka announces the upgrade of water meters including an Automatic Meter Infrastructure. This upgrade will allow for more accurate reads and operate more efficiently while improving the service to the residents of Sebeka. This infrastructure project is anticipated to be completed within the next few weeks. Ferguson Meters provided the metering solution including project design and installation. Financing was provided by Government Capital Corporation.

“Our partnership with Government Capital Corporation enabled the city to get this much needed project underway with minimal impact on our water reserve funds,” commented Cheryl Hahn, City Administrator, City of Sebeka. “The process was very simple and the team at Government Capital assisted us every step of the way so we could take advantage of this opportunity.”

“I want to congratulate the City of Sebeka on this important infrastructure improvement project,” stated Ed King, Senior Vice President, Government Capital Corporation. “Government Capital is proud to have partnered with the City of Sebeka on a project which will deliver tremendous benefits to the city.”

About the City of Sebeka

The City of Sebeka is located in Wadena County Minnesota along US Hwy 71, C.S.A.H 12, and the Red Eye River and is home to over 700 residents. The name, Sebeka, comes from an Ojibwe word meaning “town by the water.” The motto of the City of Sebeka is “Small enough to know you… Large enough to serve you!” To learn more visit www.cityofsebeka.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 $4.8 billion in Minnesota and across the country. For more information, visit www.govcap.com

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