City of Sandy Springs City Council Minutes August 2025
Sandy Springs Approves $50.5M Bonds for Fire Projects
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Description
The City adopted a resolution to authorize the issuance of up to $50.5 million in revenue bonds for fire and safety projects, with an associated lease agreement for repayment.
Contract Details
Contract Amount
Not to Exceed $50,500,000 (Revenue Bonds)
Vendor
PUBLIC FACILITIES AUTHORITY
Agency
City of Sandy Springs, GA
Contract Type
FINANCIAL_SERVICES
Document Date
August 5, 2025
Contract Term
Annual debt service estimated at $3,078,478 for FY26; Lease duration unspecified
Renewal Info
Annual lease and debt service as defined in bond documents; extension or refinancing at maturity possible.
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