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EQUIPMENTONGOING

City of LaGrange Annual Budget FY 2026-27 2026-05-12

Excavator Lease Supports Sewer Construction Work

$138,620City of LaGrangeGMA LEASE POOLMay 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

LaGrange continues to pay on a $138,620 GMA Lease Pool at 4.52% to acquire a Caterpillar 299D3XE excavator for sewer operations, under a term not exceeding five years. FY 2027 payments total $28,977.

Contract Details

Contract Amount

$138,620

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 scheduled to amortize within five years; no explicit renewal discussed.

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