Baldwin County Awards Financial Services Contract to Magnolia State Bank (February 2025)
- Approved
- Feb 4, 2025
The 30-second brief
The Baldwin County Commission approved Resolution R-2025-16 authorizing a temporary operating loan from Magnolia State Bank. The short-term financing will bridge cash flow needs until 2025 property tax revenues are collected.
Magnolia State Bank holds this financial services contract with Baldwin County. Its other public contracts on record include work for Jasper County.
Term as filed: Temporary loan during 2025 until tax revenue collections at end of year.
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Contract details
- Contract type
- Financial Services
- Document date
- February 4, 2025
- Term
- Temporary loan during 2025 until tax revenue collections at end of year
- Vendor
- Magnolia State Bank
- Agency
- Baldwin County
- Source document
- baldwin-county-meeting-minutes-2025-02-04_cde.pdf (Meeting Minutes)
Magnolia State Bank's other public contracts
More Baldwin County contracts
Questions about this contract
Who was awarded the financial services contract by Baldwin County?
Magnolia State Bank was awarded this financial services contract by Baldwin County, as recorded on February 4, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in baldwin-county-meeting-minutes-2025-02-04_cde.pdf (Meeting Minutes), dated February 4, 2025 from Baldwin County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Magnolia State Bank hold?
Magnolia State 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.
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