FINANCIAL_SERVICESAPPROVED

City of Denison Awards $1,930,816 Financial Services Contract to Government Capital Corporation (July 2026)

Denison City Council approved financing terms with Government Capital Corporation to fund a Pierce-Custom Enforcer Aerial 105’ ladder truck for Denison Fire Rescue at a cost of $1,930,815.91. The loan carries a 4.975% interest rate with the first payment deferred until June 25, 2028 and will be paid from the General Fund.

Status
APPROVED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Government Capital Corporation
Agency
City of Denison · 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
$1,930,815.91
Contract type
FINANCIAL_SERVICES
Contract term
Financing with first payment due June 25, 2028; overall amortization term not specified
Renewal
This is a new financing agreement for apparatus purchase; no renewal or extension provisions are described in the minutes.
Document type
Agenda
Source document
City of Denison City Council Meeting Agenda 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Denison?

Government Capital Corporation was awarded this financial services contract by City of Denison, as recorded on July 12, 2026. The contract value is $1,930,815.91.

How much is the Government Capital Corporation contract with City of Denison worth?

The Government Capital Corporation contract with City of Denison is valued at $1,930,815.91, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Denison City Council Meeting Agenda 2026-07-13 (Agenda), dated July 12, 2026 from City of Denison. 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 City of Denison currently buying?

Explore City of Denison's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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