City Sets Lease/Purchase Financing With Finance Corporation

Peachtree City Council approved an official intent reimbursement resolution to obtain up to $3,621,281 in lease/purchase financing through Peachtree City Governmental Finance Corporation, Inc. for IT, public safety, recreation, and public service equipment. The financing will reimburse the General Fund for qualifying capital expenditures made before issuance of the obligations.

Document date · September 19, 2024

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $3,621,281

Contract type

FINANCIAL_SERVICES

Document type

Resolution

Source document

peachtree-city-resolution-09192024-ca-e-official-intent_950.pdf

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Peachtree City AgendaPacket Regular Meeting Agenda 2026-10-08

PENDING

City of Peachtree, GeorgiaNot to exceed $4,600,000; estimated equipment costs total $4,491,492Oct 5, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Peachtree?

Peachtree City Governmental Finance Corporation Inc was awarded this financial services contract by City of Peachtree, as recorded on September 19, 2024. The contract value is Not to exceed $3,621,281.

How much is the Peachtree City Governmental Finance Corporation Inc contract with City of Peachtree worth?

The Peachtree City Governmental Finance Corporation Inc contract with City of Peachtree is valued at Not to exceed $3,621,281, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in peachtree-city-resolution-09192024-ca-e-official-intent_950.pdf (Resolution), dated September 19, 2024 from City of Peachtree. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peachtree City Governmental Finance Corporation Inc hold?

Peachtree City Governmental Finance Corporation Inc 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 Peachtree City Governmental Finance Corporation Inc's profile

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