Dublin, Texas (February 2019): The City of Dublin announces the closing of a $2,900,000 Certificate of Obligation. The proceeds will be applied to system planning, acquisition, design and construction to improve the city’s existing fresh and waste water systems. The project is scheduled to begin late summer. Rhonda Williams, City Secretary, stated “the maintenance and repairs have been substantially increasing every year prior. This project will increase the quality of water for every citizen and future generations”.
The City selected Derek Turner of Jacob and Martin as the project engineer and Government Capital Securities Corp (GCSC) as the Municipal Advisor for the City of Dublin in connection with the issuances of the Certificates of Obligation.
“I was impressed by the forward thinking approach of all the city leaders involved in the project. This infrastructure project will meet the needs for everyone in the community for years.” stated Jake Lawrence, Government Capital Securities Corporation Financial Advisor.
About City of Dublin
The City of Dublin is known as the official “Irish Capital of Texas” and has many museums to enjoy with Old Doc’s Soda Shop and W.P. Kloster Museum. Dublin is located in the southwestern Erath County in Central Texas, with a current population of more than 3,654. Additionally, the city is the former home of the world’s oldest Dr Pepper bottling plant. For more information, please visit ci.dublin.tx.us.
About Government Capital Securities Corporation
GOVERNMENT CAPITAL SECURITIES CORPORATION (GCSC) is a privately held securities firm headquartered in Southlake, Texas. Since 1999, the firm has offered its clients a broad range of Public Finance services. For more information, visit govcapsecurities.com.