CONTRACTAPPROVED

City of Minden Awards Equipment Contract to Government Capital Corporation (March 2026)

City of Minden logoCity of Minden
Disclosed value
$1,166,687.00 ($1,016,687.00 + $150,000.00 equipment); 10-year financing at 5.006% interest; $151,135.33 annually
From agenda
Approved
Mar 2, 2026
Renews
Free account

The 30-second brief

What it covers

The Minden City Council approved a lease purchase agreement with Government Capital Corporation to finance a custom pumper fire truck and associated equipment for the fire department at a total cost of $1,166,687. The agreement is for a 10-year term with annual payments of $151,135.33 beginning in February 2027.

Who holds it

Government Capital Corporation holds this equipment contract with City of Minden. Its other public contracts on record include work for City of Bridgeport and City of San Benito.

What happens next

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Contract details

Contract type
Equipment
Amount
$1,166,687.00 ($1,016,687.00 + $150,000.00 equipment); 10-year financing at 5.006% interest; $151,135.33 annually
Document date
March 2, 2026
Term
10 years, payments beginning February 2027 or one year from funding
Renews
On record
Source document
Minden City Council Regular Session Agenda March 2026 (Agenda)

Government Capital Corporation's other public contracts

More City of Minden contracts

Questions about this contract

Who was awarded the equipment contract by City of Minden?

Government Capital Corporation was awarded this equipment contract by City of Minden, as recorded on March 2, 2026. The contract value is $1,166,687.00 ($1,016,687.00 + $150,000.00 equipment); 10-year financing at 5.006% interest; $151,135.33 annually.

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

The Government Capital Corporation contract with City of Minden is valued at $1,166,687.00 ($1,016,687.00 + $150,000.00 equipment); 10-year financing at 5.006% interest; $151,135.33 annually, covering equipment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Minden City Council Regular Session Agenda March 2026 (Agenda), dated March 2, 2026 from City of Minden. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is City of Minden currently buying?

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

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