City of LaGrange Annual Budget FY 2026-27 2026-05-12
Sewer Jet/Vac Truck Financed Through GMA Lease Pool
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Description
The City is repaying a $481,757 GMA Lease Pool at 4.52% for a 2024 jetting and vacuum truck used in sewer collection, under a 4‑year maximum term. Payments of $131,327 are programmed for FY 2027.
Contract Details
Contract Amount
$481,757
Vendor
GMA LEASE POOL
Agency
City of LaGrange, GA
Contract Type
EQUIPMENT
Document Date
May 12, 2026
Contract Term
Max 4 years
Renewal Info
Short-term lease-purchase with maximum 4‑year term; no renewal identified.
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