CONTRACTAPPROVED

Baldwin County Awards Financial Services Contract to Magnolia State Bank (February 2025)

Baldwin County logoBaldwin County
Approved
Feb 4, 2025

The 30-second brief

What it covers

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.

Who holds it

Magnolia State Bank holds this financial services contract with Baldwin County. Its other public contracts on record include work for Jasper County.

What happens next

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
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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