Lowell, Oregon (November 2020) ‐ The City of Lowell, Oregon announces the acquisition of two parcels of land, 205 East Main Street and adjacent lot in Lowell. This property will accommodate future growth for the city. Government Capital Corporation, Southlake, Texas provided the financing for the acquisition. Documents and legal review were provided by Jim Shannon of Mersereau Shannon LLP, Portland, Oregon.
“There were a few obstacles we had to work through, and the Government Capital staff provided great assistance and flexibility,” stated Marsha Miller, Lowell City Administrator. Government Capital Corporation’s experience and expertise were a great value to our acquisition.”
“Congratulations to Marsha Miller, Mayor Don Bennett and the Lowell City Council on the successful acquisitions,” stated Lisa Hott, Government Capital Corporation Client Services Specialist. “Having worked with the City of Lowell on multiple transactions over the past few years, we take great pride in meeting the financial needs of Oregon municipalities.”
About The City of Lowell, Oregon
The City of Lowell located in Lane County, Oregon, has an estimated population of 1,100. Nestled along the foothills of the Cascades, Lowell is on the north shore of the Dexter Reservoir on the Middle Fork Willamette River. Filled with scenic historic covered bridges, the city is known for its’ wild blackberries, wildflowers as well as the annual Oregon Association of Rowers’ Covered Bridge Regatta and the Blackberry Jam Festival. For more information, visit www.ci.lowell.or.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 $4 Billion in Oregon and across the nation. For more information, visit www.govcap.com.