• Skip to main content
  • Skip to footer

Government Capital Corporation

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

  • About Us
    • History
    • Public Sector Services
    • Vendor Services
    • Associations
    • Leadership
    • Read our Government Capital Corporation Blog
  • Markets
  • Industries
  • Representative Transactions
  • Securities Firm
  • Contact

WALNUT CREEK SPECIAL UTILITY DISTRICT TO UPGRADE WATER METERS DISTRICTWIDE

October 10, 2018 By GovCap

Springtown, Texas (October 2018) – The Walnut Creek Special Utility District recently announced the upgrade of 4,800 water meters throughout the district. These new meters, provided by Smart Earth Technologies, will improve  data gathering useful in handling customer inquiries and to monitor water system health performance. Government Capital Corporation was selected as the most cost effective option. Smart Earth Technologies cell based system worked best in this area because of terrain and remote areas. Studies have shown replacing old meters will increase revenue by accurate measurement of water loss. Other benefits include better data to use with customer complaints and allow customers to actually see their usage in near real time. Installation has begun and will continue through the end of 2018.

“The lease purchase solution provided by Government Capital allowed us to close our financing and get started on our project much more timely. Not having to wait for approval from TCEQ enabled us to start on time. Our financing partner, Government Capital Corporation, provided excellent service. Their customer care is second to none and they follow up regularly” stated Steve Harris, General Manager.

“This is a great example of dedicated leaders being responsible with their resources and diligently assessing the needs of the District. It was my pleasure to work alongside Mr. Harris and his great team.” stated Stephanie Cates, Vice President, Government Capital. “I would like to congratulate Mr. Harris, and the Board for their hard work and foresight.”

About Walnut Creek Special Utility District

Walnut Creek Special Utility District, currently serving 7,500 customers, is the successor to the Walnut Creek Water Supply Corporation. The Corporation was originally organized in 1966 as a non-profit water supply corporation. Their purpose is to provide and furnish a safe, dependable water supply to rural areas of northern Parker and southern Wise Counties. For more information, visit walnutcreeksud.org

About Government Capital Corporation

Government Capital Corporation is a leading public finance firm providing professional financial services to utility districts and all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Texas and across the nation. For more information, visit govcap.com.

Filed Under: Government, Press Releases

Footer

Corporate Office:

345 Miron Drive

Southlake, Texas 76092

817-421-5400
800-883-1199

info@govcap.com

Contact the winning team at Government Capital Corporation and put our expertise to work for you.

Contact Government Capital

Representative Transactions

Vendor Services

Public Sector Services

Blog

Copyright © 2022 ⋅ Government Capital Corporation ⋅ Disclosure

Powered byFunny Facts