City of LaGrange Annual Budget FY 2026-27 2026-05-12
GEFA Loan Supports Yellow Jacket Creek Lift Upgrades
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Description
LaGrange continues to amortize a $5.63 million GEFA loan (Contract CW13-004) at 1.40% through 2035 for Yellow Jacket Creek lift-station upgrades. Budgeted FY 2027 debt service is $322,863.
Contract Details
Contract Amount
$5,629,174
Vendor
GEFA CONTRACT # CW13-004 Y JACKET CREEK
Agency
City of LaGrange, GA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
To 10/1/2035
Renewal Date
2035-10-01
Renewal Info
Fixed-term GEFA contract with maturity 2035-10-01; no renewal options stated.
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