City of LaGrange Annual Budget FY 2026-27 2026-07-01
Yellow Jacket Creek lift station GEFA loan in repayment
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Description
The City continues repaying a GEFA loan for Yellow Jacket Creek lift station upgrades, budgeting $285,162 in principal and $37,701 in interest for FY 2027. The 1.40% loan matures in 2035.
Contract Details
Contract Amount
$5,629,174 original; FY 2027 payment $285,162 principal and $37,701 interest
Vendor
GEFA CONTRACT # CW13-004 Y JACKET CREEK
Agency
City of LaGrange, GA
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2026
Contract Term
1.40% interest, matures 10/1/2035
Renewal Date
2035-10-01
Renewal Info
Loan runs through 10/1/2035; no renewals expected.
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