15 Feb, 2009 New City Hall for Garden City, Georgia
On February 12, 2009, Gray & Pannell LLP served as special counsel to the City of Garden City on the financing of a new City Hall. The $9,950,000 transaction was structured as an Installment Sale Agreement between Garden City and Georgia Municipal Association. The new city hall will be the centerpiece of a new Garden City Town Center located off of Chatham Parkway.
The attorneys of Gray & Pannell LLP have worked with dozens of cities and Georgia Muncipal Association over the years structuring multi-year financings through GMA’s bricks and mortar program. The Garden City project is a great example of how cities in Georgia can finance real property and capital improvements through GMA.