FINANCIAL_SERVICESPENDING

County To Issue $12M GO Bond To MDB

Oktibbeha County is set to authorize issuance of up to $12,000,000 in General Obligation Bonds, Series 2026, to the Mississippi Development Bank, which will in turn issue corresponding Special Obligation Bonds. Proceeds will finance county roads, buildings, and heavy machinery purchases.

Status
PENDING
Document date
June 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mississippi Development Bank
Agency
Oktibbeha County District 5 Volunteer Fire Department · MS

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $12,000,000 principal
Contract type
FINANCIAL_SERVICES
Contract term
Up to 20 years from date of issuance; projected final maturity September 1, 2041
Renewal date
2041-09-01
Renewal
Long‑term bond financing up to 20 years with payments scheduled through at least 2041; no renewals, but refinancing could occur separately.
Document type
AgendaPacket
Source document
Oktibbeha County Board of Supervisors AgendaPacket 2026-06-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Oktibbeha County District 5 Volunteer Fire Department?

Mississippi Development Bank was awarded this financial services contract by Oktibbeha County District 5 Volunteer Fire Department, as recorded on June 1, 2026. The contract value is Not to exceed $12,000,000 principal.

How much is the Mississippi Development Bank contract with Oktibbeha County District 5 Volunteer Fire Department worth?

The Mississippi Development Bank contract with Oktibbeha County District 5 Volunteer Fire Department is valued at Not to exceed $12,000,000 principal, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Oktibbeha County Board of Supervisors AgendaPacket 2026-06-01 (AgendaPacket), dated June 1, 2026 from Oktibbeha County District 5 Volunteer Fire Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mississippi Development Bank hold?

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

View Mississippi Development Bank's profile

What is Oktibbeha County District 5 Volunteer Fire Department currently buying?

Explore Oktibbeha County District 5 Volunteer Fire Department's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Oktibbeha County District 5 Volunteer Fire Department's profile

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