town-of-poth-fiscal-year-2025-26-budget_d53.pdf
Government Capital finance contract remains in effect to 2028
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Description
The City of Poth continues to service Public Property Finance Act Contract No. 9016 with Government Capital Corporation, executed March 12, 2020 at 3.297% interest. Remaining scheduled payments through March 12, 2028 total $354,823.76, covering $307,480 in principal for financed public property.
Contract Details
Contract Amount
$354,823.76 total payments (including $47,343.76 interest and $307,480.00 principal for remaining schedule shown)
Vendor
GOVERNMENT CAPITAL CORPORATION
Agency
Town of Poth, TX
Contract Type
FINANCIAL_SERVICES
Document Date
September 22, 2025
Contract Term
Finance Contract dated March 12, 2020; remaining payments through 3/12/2028 per schedule
Renewal Date
2028-03-12
Renewal Info
This is a fixed-term finance contract under the Public Property Finance Act; no renewal terms are indicated, with payments scheduled through March 12, 2028.
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town-of-poth-fiscal-year-2025-26-budget_d53.pdf
town-of-poth-fiscal-year-2025-26-budget_d53.pdf
town-of-poth-fiscal-year-2025-26-budget_d53.pdf
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