City of Rhome Considers $650,000 Financing Contract
- Disclosed value
- $650,000
- From agenda
- Document date
- Apr 24, 2025
- Term
- 15 years
The 30-second brief
The City of Rhome is considering a contract with Government Capital for financing a modular building with a loan not to exceed $650,000. The annual payment for the full amount of $650,000 is $65,066.85 with an interest rate of 5.72% for 15 years. The building will house administration, police, and fire departments.
Government Capital Corporation holds this financing contract with City of Rhame. Its other public contracts on record include work for City of Bridgeport and City of Mercedes.
Term as filed: 15 years.
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Contract details
- Contract type
- Financing
- Amount
- $650,000
- Document date
- April 24, 2025
- Term
- 15 years
- Agency
- City of Rhame
- Source document
- city-of-rhome-city-council-meeting-agenda-april-24-2025_237.pdf (Agenda)
Government Capital Corporation's other public contracts
More City of Rhame contracts
Questions about this contract
Who was awarded the financing contract by City of Rhame?
Government Capital Corporation was awarded this financing contract by City of Rhame, as recorded on April 24, 2025. The contract value is $650,000.
How much is the Government Capital Corporation contract with City of Rhame worth?
The Government Capital Corporation contract with City of Rhame is valued at $650,000, covering financing work.
What type of contract is this?
This is a Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-rhome-city-council-meeting-agenda-april-24-2025_237.pdf (Agenda), dated April 24, 2025 from City of Rhame. 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 Rhame currently buying?
Explore City of Rhame's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.