EQUIPMENTRECOMMENDED

Venus Plans Financing for New Police Vehicles

City of Venus is considering a finance contract with Government Capital Corporation to fund two police command vehicles at a total cost of $111,760. The proposed structure calls for five annual payments of $26,563.25 starting October 15, 2027 under a Public Property Finance Contract.

Status
RECOMMENDED
Document date
July 13, 2026
Contract type
EQUIPMENT
Vendor
Government Capital Corporation
Agency
Town of Venus town · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$111,760 at 5.221% interest; annual payment of $26,563.25 for 5 years
Contract type
EQUIPMENT
Contract term
5 annual payments beginning October 15, 2027
Renewal date
2032-10-15
Renewal
Single 5-year financing term; no renewal or extension options described in the proposal or draft resolution.
Document type
AgendaPacket
Source document
City of Venus AgendaPacket 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Town of Venus town?

Government Capital Corporation was awarded this equipment contract by Town of Venus town, as recorded on July 13, 2026. The contract value is $111,760 at 5.221% interest; annual payment of $26,563.25 for 5 years.

How much is the Government Capital Corporation contract with Town of Venus town worth?

The Government Capital Corporation contract with Town of Venus town is valued at $111,760 at 5.221% interest; annual payment of $26,563.25 for 5 years, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Venus AgendaPacket 2026-07-13 (AgendaPacket), dated July 13, 2026 from Town of Venus town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Government Capital Corporation hold?

Government Capital Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Government Capital Corporation's profile

What is Town of Venus town currently buying?

Explore Town of Venus town's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Venus town's profile

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