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.