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 The dump truck is replacing outdated equipment while the mower is new to both departments.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