City Considers $15.94M Loan from MS Development Bank
City of HattiesburgCity · Hattiesburg, MS- Disclosed value
- Not to exceed $15,940,000
- From agenda
- Document date
- Jul 21, 2026
The 30-second brief
The City of Hattiesburg will consider a resolution to execute a taxable promissory note of up to $15,940,000 to secure a loan from the Mississippi Development Bank. The action also approves related trust, loan, placement, and tax intercept agreements.
Mississippi Development Bank holds this financial services contract with City of Hattiesburg. Its other public contracts on record include work for City of Gulfport and City of Madison.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $15,940,000
- Document date
- July 21, 2026
- Agency
- City of Hattiesburg
- Source document
- City of Hattiesburg City Council Tuesday Meeting Agenda 2026-07-21 (Agenda)
Mississippi Development Bank's other public contracts
More City of Hattiesburg contracts
Questions about this contract
Who was awarded the financial services contract by City of Hattiesburg?
Mississippi Development Bank was awarded this financial services contract by City of Hattiesburg, as recorded on July 21, 2026. The contract value is Not to exceed $15,940,000.
How much is the Mississippi Development Bank contract with City of Hattiesburg worth?
The Mississippi Development Bank contract with City of Hattiesburg is valued at Not to exceed $15,940,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Hattiesburg City Council Tuesday Meeting Agenda 2026-07-21 (Agenda), dated July 21, 2026 from City of Hattiesburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.
What is City of Hattiesburg currently buying?
Explore City of Hattiesburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.