FINANCIAL_SERVICESDISCUSSSED

Council Reviews Cade Partners Early Loan Payoff

Pendergrass City Council discussed a Cade Partners proposal for an early payoff of the 2018 loan on 65 Smith Bridges Street for approximately $312,000, compared to continuing payments through 2037 at 2.5% interest. The early payoff could save the City nearly $90,000 in principal and interest, pending review by a reactivated Downtown Development Authority and future Council action.

Document date · July 14, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Approximately $312,000 early payoff on outstanding principal of $346,000 (original loan approx. $686,000)
Contract type
FINANCIAL_SERVICES
Contract term
Original loan from 2018 with payments scheduled through 2037 at 2.5% interest
Renewal date
2037-12-31
Renewal
Loan currently runs through 2037 under existing terms; Council is considering a one-time early payoff in 2026 subject to DDA recommendation and subsequent approval.
Document type
Minutes
Source document
Pendergrass City Council Minutes 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Pendergrass?

Cade Partners was awarded this financial services contract by Town of Pendergrass, as recorded on July 14, 2026. The contract value is Approximately $312,000 early payoff on outstanding principal of $346,000 (original loan approx. $686,000).

How much is the Cade Partners contract with Town of Pendergrass worth?

The Cade Partners contract with Town of Pendergrass is valued at Approximately $312,000 early payoff on outstanding principal of $346,000 (original loan approx. $686,000), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Pendergrass City Council Minutes 2026-07-14 (Minutes), dated July 14, 2026 from Town of Pendergrass. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cade Partners hold?

Cade Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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