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Laurel Considers Ratifying Bank Lease-Purchase Obligation

City of Laurel logoCity of Laurel
Disclosed value
$268,904.52
From agenda
Document date
Oct 20, 2026

The 30-second brief

What it covers

The City Council will consider ratifying the City of Laurel’s $268,904.52 obligation under a municipal lease-purchase agreement with Citizens National Bank of Meridian. The resolution would designate the obligation as a qualified tax-exempt obligation.

Who holds it

Citizens National Bank of Meridian holds this financial services contract with City of Laurel. Its other public contracts on record include work for City of Gluckstadt and City of Olive Branch.

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Contract details

Contract type
Financial Services
Amount
$268,904.52
Document date
October 20, 2026
Vendor
Citizens National Bank of Meridian
Agency
City of Laurel
Source document
City of Laurel Agenda Regular Meeting Agenda 2026-10-20 (Agenda)

Citizens National Bank of Meridian's other public contracts

City of Laurel, MississippiLease-Purchase of Six Utility Vehicles Approved · Jul 7, 2026UndisclosedCity of Laurel, MississippiLease-Purchase Deal for Utility Vehicles with Bank · Jul 7, 2026UndisclosedCity of Gluckstadt, MississippiCitizens National Bank plans new branch in Gluckstadt. · May 27, 2025UndisclosedCity of Olive Branch, MississippiCitizens National Bank new Municipal Depository · Mar 4, 2025UndisclosedAll Citizens National Bank of Meridian contractsVendor profile

More City of Laurel contracts

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Questions about this contract

Who was awarded the financial services contract by City of Laurel?

Citizens National Bank of Meridian was awarded this financial services contract by City of Laurel, as recorded on October 20, 2026. The contract value is $268,904.52.

How much is the Citizens National Bank of Meridian contract with City of Laurel worth?

The Citizens National Bank of Meridian contract with City of Laurel is valued at $268,904.52, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Laurel Agenda Regular Meeting Agenda 2026-10-20 (Agenda), dated October 20, 2026 from City of Laurel. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citizens National Bank of Meridian hold?

Citizens National Bank of Meridian 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 Laurel currently buying?

Explore City of Laurel's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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