City Negotiates Early Payoff Deal with CADE Partners
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Description
The City of Pendergrass is negotiating with CADE Partners regarding early repayment of a loan used to satisfy a prior lawsuit. CADE Partners holds the deed to the Police Department building and has offered a $50,000 payoff reduction if settled early.
Contract Details
Contract Amount
Approximately $414,000 outstanding, with $50,000 reduction offered for early payoff
Vendor
CADE PARTNERS
Agency
Town of Pendergrass, GA
Contract Type
FINANCIAL_SERVICES
Document Date
November 20, 2025
Renewal Info
Not a typical renewal; early payoff with incentive is being negotiated.
More from CADE PARTNERS
More from Town of Pendergrass
City of Pendergrass City Council Work Session Meeting Minutes 2026-04-14
Pendergrass City Hall Council Meeting Minutes November 2025
city_council_meeting_agenda_november_18_2025.pdf
city_council_meeting_agenda_november_18_2025.pdf
city_of_pendergrass_regular_city_council_meeting_m.pdf
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