Grady County – Lake Project

On November 9, 2010, the South Georgia Governmental Services Authority, on behalf of Grady County, Georgia, issued $14,940,000 of revenue bonds for the purpose of designing and constructing a 960 acre recreational fishing lake within the County, which project will also include the design and construction of boat ramps, fishing piers, recreational pavilions and beaches that will encircle the lake. The bonds are secured by an intergovernmental contract between the Authority and Grady County. Gray & Pannell acted as bond counsel to the Authority on the issue.