CONTRACTAWARDED

City of Mexico Beach Awards Financial Services Contract to Centennial Bank (October 2026)

City of Mexico Beach logoCity of Mexico Beach
Disclosed value
$5,000,000 principal amount; $1,025.00 processing fee; $4,000.00 attorney-prepared document fee
From resolution
Awarded
Oct 30, 2026
Term
15 month revolving Line of Credit
Renews
Free account

The 30-second brief

What it covers

The City of Mexico Beach authorized the sale of a $5 million revolving line of credit to Centennial Bank to finance reconstruction of the City pier. The proposed facility carries a 15-month term, with FEMA reimbursements identified as the primary repayment source.

Who holds it

Centennial Bank holds this financial services contract with City of Mexico Beach. Its other public contracts on record include work for Coachella Valley Water District and Clarksville Connected Utilities.

What happens next

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Contract details

Contract type
Financial Services
Amount
$5,000,000 principal amount; $1,025.00 processing fee; $4,000.00 attorney-prepared document fee
Document date
October 30, 2026
Term
15 month revolving Line of Credit
Renews
On record
Source document
City of Mexico Beach Resolution Resolution 26-07 Line of Credit for Pier Construction 2026-10-30 (Resolution)

Centennial Bank's other public contracts

More City of Mexico Beach contracts

Questions about this contract

Who was awarded the financial services contract by City of Mexico Beach?

Centennial Bank was awarded this financial services contract by City of Mexico Beach, as recorded on October 30, 2026. The contract value is $5,000,000 principal amount; $1,025.00 processing fee; $4,000.00 attorney-prepared document fee.

How much is the Centennial Bank contract with City of Mexico Beach worth?

The Centennial Bank contract with City of Mexico Beach is valued at $5,000,000 principal amount; $1,025.00 processing fee; $4,000.00 attorney-prepared document fee, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Mexico Beach Resolution Resolution 26-07 Line of Credit for Pier Construction 2026-10-30 (Resolution), dated October 30, 2026 from City of Mexico Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Centennial Bank hold?

Centennial 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 Mexico Beach currently buying?

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

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