Douglass, TX (December 2023) – The D&M Water Supply Corporation announces the implementation of a district-wide water meter replacement project. The 2,300 new meters feature radio-read technology allowing for increased efficiency in both manpower and service. Installation of the meters began in November and is anticipated to be completed by the end of this month. The meters and installation were supplied by Ferguson Waterworks, and financing for the project was provided by Government Capital Corporation in Southlake, Texas.
“We had an excellent experience working with Government Capital,” stated Donnie Babb, Manager, D&M Water Supply Corporation. “The funding came together very quickly thanks to the team’s proficiency in financing for water supply corporations, and their communication throughout the project was second to none.”
“I want to congratulate Donnie Babb and the D&M Water Supply Corporation on implementing the new water meters,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting Texas water supply corporations in meeting their goals and objectives.”
About D&M Water Supply Corporation
D&M Water Supply Corporation serves 140 square miles surrounding a portion of the City of Nacogdoches in East Texas with the goal of providing safe, clean water to all residents. To learn more about D&M Water Supply Corporation, visit dmwater.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.