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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