City Negotiates Early Payoff of Police Department Loan with CADE Partners

Pendergrass City Council is in negotiations with CADE Partners over early payoff terms of a loan for the Police Department building. CADE Partners has offered a $50,000 reduction in the outstanding balance, which is about $414,000, if the City pays off the loan early. The agreement was originally made to settle a prior lawsuit and CADE Partners holds the deed to the property.

Document date · November 20, 2025

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Scope & details

The full contract record, as filed.

Contract amount

About $414,000 (with $50,000 potential reduction if paid early)

Contract type

FINANCIAL_SERVICES

Renewal

Potential early payoff under negotiation; $50,000 incentive for early payment being discussed.

Document type

Minutes

Source document

Pendergrass City Hall Council Meeting Minutes November 2025

Related contracts

Other contracts from Cade Partners.

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Pendergrass City Council Minutes 2026-07-14

DISCUSSSED

Town of Pendergrass, GeorgiaApproximately $312,000 early payoff on outstanding principal of $346,000 (original loan approx. $686,000)Jul 14, 2026

City of Pendergrass Council Meeting Minutes November 2025

ONGOING

Town of Pendergrass, GeorgiaApproximately $414,000 outstanding, with $50,000 reduction offered for early payoffNov 20, 2025

city_council_meeting_agenda_november_18_2025.pdf

Town of Pendergrass, GeorgiaNANov 18, 2025

city_council_meeting_agenda_november_18_2025.pdf

PENDING

Town of Pendergrass, GeorgiaNov 18, 2025

town-of-pendergrass-council-meeting-minutes-june-29-2025_d1a.pdf

ongoing

Town of Pendergrass, Georgia$3000 per monthJun 29, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Pendergrass?

Cade Partners was awarded this financial services contract by Town of Pendergrass, as recorded on November 20, 2025. The contract value is About $414,000 (with $50,000 potential reduction if paid early).

How much is the Cade Partners contract with Town of Pendergrass worth?

The Cade Partners contract with Town of Pendergrass is valued at About $414,000 (with $50,000 potential reduction if paid early), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Pendergrass City Hall Council Meeting Minutes November 2025 (Minutes), dated November 20, 2025 from Town of Pendergrass. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cade Partners hold?

Cade Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Cade Partners's profile

What is Town of Pendergrass currently buying?

Explore Town of Pendergrass's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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