CONTRACTAPPROVED

City of Madison Awards Financial Services Contract to Mississippi Development Bank (August 2026)

City of Madison logoCity of Madison
Disclosed value
Maximum aggregate principal amount of $10,000,000
From minutes
Approved
Aug 4, 2026

The 30-second brief

What it covers

The City of Madison approved a financing resolution for up to $10 million in tax-exempt general obligation public improvement bonds. The bonds were to be sold to the Mississippi Development Bank under the terms of the approved purchase agreement.

Who holds it

Mississippi Development Bank holds this financial services contract with City of Madison. Its other public contracts on record include work for City of Gulfport and City of Hattiesburg.

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Contract details

Contract type
Financial Services
Amount
Maximum aggregate principal amount of $10,000,000
Document date
August 4, 2026
Source document
City of Madison Minutes First Regular Meeting August 4, 2026 (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 Madison?

Mississippi Development Bank was awarded this financial services contract by City of Madison, as recorded on August 4, 2026. The contract value is Maximum aggregate principal amount of $10,000,000.

How much is the Mississippi Development Bank contract with City of Madison worth?

The Mississippi Development Bank contract with City of Madison is valued at Maximum aggregate principal amount of $10,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Madison Minutes First Regular Meeting August 4, 2026 (Minutes), dated August 4, 2026 from City of Madison. 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 Madison currently buying?

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

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