City continues shared debt on Callaway South industrial road
Trusted by teams at
Description
Debt service on the LDA’s Callaway South Industrial Project bonds continues through 2028, with LaGrange and Troup County sharing payments. The City’s FY 2027 budget includes modest principal and interest outlays.
Contract Details
Contract Amount
$1,565,000 original; FY 2027 city share $2,600 principal and $24,868 interest (Troup County pays 50%)
Vendor
LDA -CALLAWAY SOUTH IND PROJECT - SERIES 2007 a
Agency
City of LaGrange, GA
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2026
Contract Term
4.67% interest, matures 2/1/2028
Renewal Date
2028-02-01
Renewal Info
Series 2007A bonds mature 2/1/2028; no renewals indicated.
More from LDA -CALLAWAY SOUTH IND PROJECT - SERIES 2007 a
More from City of LaGrange
City of LaGrange Annual Budget FY 2026-27 2026-07-01
City of LaGrange Annual Budget FY 2026-27 2026-07-01
City of LaGrange Annual Budget FY 2026-27 2026-07-01
City of LaGrange Annual Budget FY 2026-27 2026-07-01
City of LaGrange Annual Budget FY 2026-27 2026-07-01
Get alerts on contract renewals, new awards, and vendor activity.
B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.