FINANCIAL_SERVICESPENDING

Coahoma County Plans $2M MDA Industrial Loan

The Coahoma County Board of Supervisors declared its intent to obtain up to $2,000,000 in loan financing from the Mississippi Development Authority to support an industrial building project and an existing industry loan fund. The loan would be secured by a promissory note and backed by homestead exemption tax loss reimbursement if the County fails to meet repayment obligations.

Status
PENDING
Document date
July 31, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mississippi Development Authority
Agency
Coahoma County School District · MS

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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
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
Maximum principal amount not to exceed $2,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Loan may be entered into at any time within two (2) years after August 19, 2026; repayment terms per Section 57-93-1 and Loan Agreement
Renewal
Resolution authorizes entering into the loan within two years following the August 19, 2026 meeting date if no protest triggers an election; specific repayment schedule and any renewal options to be set in the Loan Agreement with MDA.
Document type
Resolution
Source document
Coahoma County Board of Supervisors Resolution of Intention 2026-08-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Coahoma County School District?

Mississippi Development Authority was awarded this financial services contract by Coahoma County School District, as recorded on July 31, 2026. The contract value is Maximum principal amount not to exceed $2,000,000.00.

How much is the Mississippi Development Authority contract with Coahoma County School District worth?

The Mississippi Development Authority contract with Coahoma County School District is valued at Maximum principal amount not to exceed $2,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Coahoma County Board of Supervisors Resolution of Intention 2026-08-22 (Resolution), dated July 31, 2026 from Coahoma County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mississippi Development Authority hold?

Mississippi Development Authority 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 Authority's profile

What is Coahoma County School District currently buying?

Explore Coahoma County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Coahoma County School District's profile

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