Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Hoschton AgendaPacket Work Session Agenda 2026-05-14

Hoschton Approves Up to $10M GEFA Loan

Not to exceed $10,000,000City of HoschtonGEORGIA ENVIRONMENTAL FINANCE AUTHORITYMay 14, 2026

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Description

The City of Hoschton approved GEFA Loan Agreement #GFPF004 with the Georgia Environmental Finance Authority for up to $10,000,000 in financing. The Mayor and City Clerk are authorized to execute the loan documents on behalf of the City.

Contract Details

Contract Amount

Not to exceed $10,000,000

Vendor

GEORGIA ENVIRONMENTAL FINANCE AUTHORITY

Agency

City of Hoschton, GA

Contract Type

FINANCIAL_SERVICES

Document Date

May 14, 2026

Renewal Info

Loan agreement may include repayment schedule and standard amendment or refinancing provisions, but specific renewal or extension terms are not detailed in the provided extract.

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