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Council renews annual line of credit at Peachtree State
2361720 · February 20, 2025
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Summary
The council approved Resolution 2025-06 to renew the city's line of credit at Peachtree State Bank as part of routine annual financial housekeeping.
Hoschton City Council approved Resolution 2025-06 renewing the city's line of credit at Peachtree State Bank, a routine annual administrative action.
Staff noted that the renewal is a recurring annual item and that the city executes it each year. Councilmember Scott moved to approve the renewal and the motion carried by voice/hand vote after a second.
No budgetary changes or additional borrowing were discussed during the meeting; staff presented the renewal as an administrative housekeeping item.
