Pelican Bay City Council Regular Meeting Agenda April 2026
Council To Apply Funds To Financing Loan
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Description
Pelican Bay City Council will consider applying $8,000 of TexStar interest earnings and $92,000 from property sales toward the Government Capital financing loan. The payment is intended to reduce future financing payments on the city’s vehicle purchase.
Contract Details
Vendor
GOVERNMENT CAPITAL
Agency
City of Pelican Bay, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
Proposed additional principal payment toward existing Government Capital financing to reduce outstanding balance and future installments.
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