City of LaGrange Annual Budget FY 2026-27 2026-05-12
Fire Pumper Truck Financed Through GMA Lease Pool
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Description
LaGrange continues paying on a GMA Lease Pool agreement of $549,718 at 4.52% to finance a fire pumper truck under a term not exceeding five years. Debt service for FY 2027 remains in the fire department budget.
Contract Details
Contract Amount
$549,718
Vendor
GMA LEASE POOL
Agency
City of LaGrange, GA
Contract Type
EQUIPMENT
Document Date
May 12, 2026
Contract Term
Max 5 years
Renewal Info
Lease-purchase amortization within a maximum 5‑year period; no renewal provisions noted.
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