CONTRACTAPPROVED

City of Hattiesburg Awards Financial Services Contract to Mississippi Development Bank (July 2026)

City of Hattiesburg logoCity of Hattiesburg
Disclosed value
Not to exceed $15,940,000
From minutes
Approved
Jul 21, 2026

The 30-second brief

What it covers

Hattiesburg adopted Resolution 2026-138 to authorize a taxable promissory note in an amount not to exceed $15,940,000, securing a loan from the Mississippi Development Bank. The action includes approval of related trust, loan, placement, and tax intercept agreements.

Who holds it

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
Source document
City of Hattiesburg Minutes Regular Meeting 2026-07-21 (Minutes)

Mississippi Development Bank's other public contracts

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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 minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Hattiesburg Minutes Regular Meeting 2026-07-21 (Minutes), 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.

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