City of LaGrange Annual Budget FY 2026-27 2026-05-12
Long Cane Creek WWTP Upgrades Financed by GEFA
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Description
The City is repaying an $8.64 million GEFA loan (Contract CW13-003) at 1.40% maturing in 2036 to fund Long Cane Creek WWTP upgrades, including a new pump station and generators. FY 2027 debt service is budgeted at $495,419.
Contract Details
Contract Amount
$8,637,735
Vendor
GEFA CONTRACT # CW13-003 LONG CANE
Agency
City of LaGrange, GA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
To 2/1/2036
Renewal Date
2036-02-01
Renewal Info
State infrastructure loan with final maturity 2036-02-01; renewal not indicated.
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