Peachtree City Airport Authority Awards Financial Services Contract to Fayette County Development Authority (August 2026)
Peachtree City Airport AuthorityAirport Authority · Peachtree City, GA- Disclosed value
- $1,570,000 at 2.2% interest rate, totaling $1,727,000
- From minutes
- Approved
- Aug 18, 2026
- Renews
- Free account
The 30-second brief
The Peachtree City Airport Authority approved a loan agreement with Fayette County Development Authority to finance the $1.57 million airport land acquisition. The loan carries a 2.2% annual interest rate for five years, may be extended for two additional one-year periods, and is expected to total $1.727 million at the end of the initial term.
Fayette County Development Authority holds this financial services contract with Peachtree City Airport Authority. Its other public contracts on record include work for Southern Crescent Technical College.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,570,000 at 2.2% interest rate, totaling $1,727,000
- Document date
- August 18, 2026
- Term
- 5 years, with two potential additional 1-year extensions
- Renews
- On record
- Source document
- Peachtree City Airport Authority Minutes 2026-08-18 (Minutes)
Fayette County Development Authority's other public contracts
More Peachtree City Airport Authority contracts
Questions about this contract
Who was awarded the financial services contract by Peachtree City Airport Authority?
Fayette County Development Authority was awarded this financial services contract by Peachtree City Airport Authority, as recorded on August 18, 2026. The contract value is $1,570,000 at 2.2% interest rate, totaling $1,727,000.
How much is the Fayette County Development Authority contract with Peachtree City Airport Authority worth?
The Fayette County Development Authority contract with Peachtree City Airport Authority is valued at $1,570,000 at 2.2% interest rate, totaling $1,727,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Peachtree City Airport Authority Minutes 2026-08-18 (Minutes), dated August 18, 2026 from Peachtree City Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fayette County Development Authority hold?
Fayette County Development Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Peachtree City Airport Authority currently buying?
Explore Peachtree City Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.