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