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Dalton council approves resolution to join GMA direct lease program to finance equipment
Summary
The City Council approved Resolution 25-17 to allow the city to participate in the Georgia Municipal Association’s direct lease program, which staff said offers two- to 13-year financing terms, no fees to join and no prepayment penalties; the council voted to approve the resolution at the Aug. 18 meeting.
The Dalton City Council on Monday, Aug. 18 approved Resolution 25-17 to participate in the Georgia Municipal Association (GMA) direct lease program, a city staff member told the council.
City staff described the program as a financing option for equipment purchases that offers flexible terms ranging from two to 13 years and does not…
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