City of South Fulton Public Facilities Authority Meeting Agenda January 27 2026
$96 Million Public Safety Bond Awarded to Truist
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Description
The City of South Fulton Public Facilities Authority approved the re-designation and sale of its Revenue Bond (Public Safety Facilities Project), now Series 2026, to Truist Commercial Equity, Inc. for $96,285,000 with a reduced fixed interest rate of 4.430% per annum, maturing December 1, 2045. The bonds will finance construction and equipping of police, fire, and training facilities.
Contract Details
Contract Amount
$96,285,000
Vendor
TRUIST COMMERCIAL EQUITY INC
Agency
City of South Fulton, GA
Contract Type
FINANCIAL_SERVICES
Document Date
January 27, 2026
Contract Term
Final maturity December 1, 2045
Renewal Date
2045-12-01
Renewal Info
Bond re-designated and interest reduced from 4.630% to 4.430% per the 2026 Supplemental Pricing Resolution; originally approved October 20, 2025, ratified and confirmed with revised pricing January 2026.
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