Tool, TX (February 2026) – The City of Tool announces the acquisition of a new excavator to be used to address drainage issues around the city. The new equipment will provide a more efficient and cost-effective approach for the installation of new culverts. The equipment was recently delivered to the city and will be put into use as soon as possible. Financing for the acquisition was provided by Government Capital Corporation, Southlake, Texas.
“The City of Tool has partnered with Government Capital on multiple fundings since 2023,” Julius Kizzee, City Administrator at the City of Tool, shared. “The efficiency in which Gov Cap works with cities and moves to address our needs is incredible. Additionally, they are easy to talk through any problem that may be presented.”
“I want to congratulate Julius Kizzee and the City of Tool on this equipment acquisition,” Cris Linse, Municipal Finance Specialist at Government Capital Corporation, commented. “We take great pride in partnering with Texas cities to support them in best serving their communities.”
About The City of Tool
The City of Tool was established in 1969 and is located in East Texas. Home to over 2,100 residents, the city prides itself on providing the safest and most equitable standards to its citizens. The city of Tool offers many options for recreation thanks to the Cedar Creek Reservoir and a variety of local shops and restaurants. To learn more about the City of Tool visit www.tooltexas.org.
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 and its affiliates have successfully completed thousands of municipal financings exceeding $7 billion in Texas and across the country. For more information, visit www.govcap.com.