Equipment

Mission, TX (August 2022) – The City of Mission announces the purchase of twelve new trucks for the sanitation department. Nine of the trucks are replacing existing units, which have been in service for over seven years. The new additions to the fleet include a roll off truck and two commercial side loaders. The twelve trucks are anticipated to be delivered between August 2022 and March 2023. Financing for the acquisitions was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation since 2014, we very much appreciate their expertise,” commented Angie Vela, Finance Director, City of Mission. “Additionally, their team is always very responsive to our needs.”

“I would like to congratulate Mrs. Vela and the City of Mission on this acquisition,” stated Stephanie Cates, Vice President, Government Capital Corporation. “It is truly a privilege to assist the City of Mission, and many other municipal clients statewide, with a wide variety of projects.”

About the City of Mission

The City of Mission, founded in 1908, is located in Hidalgo County and is now home to over 83,000 residents. The earliest settlers of the Mission area were the Native American Coahuiltecans. Mission is also where citrus was first planted in the Rio Grande Valley which is now a multimillion-dollar business and is celebrated annually with a gala, Citrus Fiesta. Also, the Mission area is immortalized in Larry McMurtry’s novel and miniseries Lonesome Dove. To learn more visit www.missiontexas.us

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 $5 billion in Texas and across the country. For more information, visit www.govcap.com

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Kaplan, LA (July 2022) – The City of Kaplan announces the purchase of a 2019 excavator from Louisiana CAT and a 2021 dump truck from Nostalgic Motor Cars, Inc. Both pieces of equipment are replacements, which will be used by the public works department. The excavator was delivered in May and the dump truck was delivered July 5^th. Financing was provided by Government Capital Corporation, Southlake, Texas.

“Having partnered with Government Capital Corporation since 2020, I can attest their customer service is like no other,” commented Heather Guidry, City Clerk/Treasurer, City of Kaplan. “Marti Sauls and the team at Government Capital go above and beyond.”

“I would like to congratulate Heather Guidry and the City of Kaplan on these equipment acquisitions,” stated Marti Sauls, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting cities reach their goals and objectives.”

About the City of Kaplan

Kaplan – experience the most Cajun place on earth. Incorporated in 1902, the City of Kaplan has a population of approximately 4,500 people and is dubbed as “The Gateway to the Coastal Wetlands.” Kaplan is located in the center of Vermilion Parish, guiding people east and west on Highway 14, north to the Interstate on Highway 35 and south to the Gulf of Mexico. To learn more visit www.kaplanla.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 has successfully completed thousands of municipal financings exceeding $5 billion in Louisiana and across the country. Additionally, Government Capital Corporation serves as the administrator of the equipment lease financing program for the Louisiana Municipal Advisory and Technical Services Bureau (LAMATS). For more information, visit www.govcap.com

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Medford, OK (March 2022) – The City of Medford announces the upgrade of display cases at the city owned Crossroads Country Market grocery store. The current display cases, which were purchased in 1981, hold perishable products which include dairy, deli, meat and produce. The new equipment is anticipated to be delivered in May and will replace all the current cases in the store. Hussmann Corporation will provide the display cases as well as the installation. Financing for this acquisition was provided by Government Capital Corporation, Southlake, Texas.

“Partnering with Government Capital Corporation provided us with a financing structure which allowed us to provide quality food and services to the Crossroads Country Market customers,” stated Dea Mandevill, City Manager, City of Medford. “These new display units will preserve the food longer and reduce electrical costs. Government Capital’s expertise and experience in Oklahoma’s unique financing structures brought a great overall value to this project.”

“I would like to congratulate Dea Mandevill and the City of Medford on this much needed upgrade,” commented Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “With Crossroads Country Market being the only grocery store in Medford, we take great pride in assisting the city and Oklahoma municipalities in meeting their needs and objectives.”

About the City of Medford

The City of Medford is the county seat of Grant County and is located at the junction of U.S. Highway 81 and State Highway 11 and has a population of over 900 residents. It is believed the city was named after Medford, Massachusetts, the hometown of a railroad official. The area was opened to non-Indian settlers during the Cherokee Outlet land opening on September 16, 1893. Also, the city was awarded the 2020 Innovation Award for Small Communities because of their purchase of the Crossroads Country Market grocery store. To learn more visit www.cityofmedfordok.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 has successfully completed thousands of municipal financings exceeding $4.8 billion in Oklahoma and across the country. For more information, visit www.govcap.com

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Central Point, Oregon (December 2021) – The City of Central Point announces the purchase of a Peterbilt dump truck and a Groundmaster mower. The dump truck will be used by the public works department and the parks department. Likewise, the mower will also be used by the parks department. The dump truck is replacing outdated equipment while the mower is new to both departments. Financing for this acquisition was provided by Government Capital Corporation, Southlake, Texas.

“Government Capital Corporation’s experience and expertise was a great overall value to us,” stated Steven Weber, Finance Director, City of Central Point. “The knowledge, professionalism and responsiveness of the team at Government Capital was amazing.”

“I want to congratulate Mr. Weber and the City of Central Point on this project,” commented Stephanie Cates, Senior Vice President, Government Capital Corporation. “We take great pride in assisting cities reach their goals and objectives.”

About the City of Central Point

The City of Central Point is located in Jackson County and is in the heart of Oregon’s Rogue Valley along Interstate 5, just 33 miles north of the California border. It is home to the world-famous Rogue Creamery and Lillie Belle Artisan Chocolates. Central Point was founded in 1889 and now has a population of almost 20,000 residents. To learn more visit www.centralpointoregon.gov

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 $4.8 billion in Oregon and across the country. For more information, visit www.govcap.com

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