City of Manchester Mayor and City Council Work Session Minutes 2026-05-27
City Approves Fire Apparatus Financing with F&M Bank
Trusted by teams at
Description
The City of Manchester approved financing for two fire apparatus through F&M Bank and Trust at 4.92% interest, with six annual payments of $195,126 starting 12 months after closing. The bank’s proposal was selected as the lowest-cost option and confirmed not to affect existing budget lines.
Contract Details
Contract Amount
Six annual payments of $195,126 at 4.92% interest (total approximately $1,170,756)
Vendor
F&M BANK & TRUST
Agency
City of Manchester, GA
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
Contract Term
Six annual payments beginning 12 months from closing
Renewal Info
Fixed-term financing with six annual payments; no renewal terms mentioned.
More from F&M BANK & TRUST
Related Contracts
More from City of Manchester
City Work Session Agenda 2026-06-24
City Work Session Agenda 2026-06-24
City of Manchester, Georgia Regular Meeting Minutes 2026-05-12
City of Manchester, Georgia Regular Meeting Minutes 2026-05-12
City of Manchester, Georgia Regular Meeting Minutes 2026-05-12
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.