Government Capital Corporation

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

water meters

POLLOK-REDTOWN WATER SUPPLY CORPORATION BEGINS WATER METER UPGRADES

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Pollok, TX (April 2023) – The Pollok-Redtown Water Supply Corporation announces the implementation of a city-wide water meter replacement project. The new radio-read meters will provide more accurate data and a more efficient process. Additionally, the upgrades will alleviate the need for citizens to read and report their water usage. The new equipment was provided by Secure Vision and is anticipated to be in operation by the end of May. Financing for the project as well as refinancing of existing loans was provided by Government Capital Corporation in Southlake, Texas.

“We had a very positive experience working with Government Capital,” stated Teresa Chase, Office Manager, Pollok-Redtown Water Supply Corporation. “The team provided great value to us in restructuring our existing loans to make our project a reality.”

“I want to congratulate Teresa Chase and the Pollok-Redtown Water Supply Corporation on their water meter upgrades,” commented Matt Sullivan, Municipal Finance Specialist, Government Capital Corporation. “We’re proud to assist Texas utilities corporations in meeting their goals and objectives.”

About Pollok-Redtown Water Supply Corporation

Pollok-Redtown Water Supply Corporation’s mission is to provide safe, high quality water services to the community while maintaining a standard of excellence in customer service and environmental conservation. Pollok-Redtown WSC serves over 2,200 residents in the city of Pollok and the community of Redtown. To learn more about Pollok-Redtown WSC visit pollokredtownwsc.myruralwater.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 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.

TOWN OF BASILE TO UPGRADE WATER METERS

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  Basile, LA (August 2022) – The Town of Basile announces the upgrade of the town’s electronic water meters, including installation of an Automatic Meter Reading system. 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 Basile. In addition to residents of the town, the water system serves customers in the immediate unincorporated areas surrounding the municipality. Prior to this improvement, the town spent an average of four or five days each month to manually read meters. The metering solution, including project design and installation, was provided by Core & Main.  The Town utilized the Louisiana Municipal Advisory and Technical Services Bureau (LaMATS) cooperative lease purchase program administered by Government Capital Corporation, Southlake, Texas to provide funding for the project.

“Our partnership with Government Capital Corporation enabled the town to make a much-needed improvement,” stated Mark Denette, Mayor, Town of Basile. “We were wanting to be more consistent with our billing to our customers and this upgrade has allowed us to do so.”

“I would like to congratulate Mayor Denette and the Town of Basile on this upgrade for the town,” commented Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “This project will benefit the town for many years to come.”

About the Town of Basile

The town of Basile (population 1,214) straddles U.S. Highway 190 in the southwestern corner of Evangeline Parish and the northwestern part of Acadia Parish.  Basile is the home of the La. Swine Festival, held the first weekend of November, annually, and locals host yearly traditional rural Mardi Gras runs. Pioneer Cajun musicians such as Dewey Balfa, Nathan Abshire, Boi Sec Ardoin and Nonc Allie Young started their music careers in Basile, which is also their hometown. The town is home to the Basile Bearcats and also the Nathan Abshire Cajun Music Museum.

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 $5 billion in Louisiana and across the country. For more information, visit www.govcap.com

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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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