Mexico Beach Considers Centennial Bank Jetty Financing
City of Mexico BeachCity · Mexico Beach, FL- Disclosed value
- $2,500,000; $1,025 processing fee; $4,000 attorney-prepared document fee
- From agendapacket
- Document date
- Oct 30, 2026
- Term
- 12-month revolving line of credit
- Renews
- Free account
The 30-second brief
Mexico Beach is considering a $2.5 million revolving line of credit from Centennial Bank to fund reconstruction of the City Jetties while awaiting FEMA reimbursements. The proposed term is 12 months, with a 5.37% tax-exempt rate or 6.353% taxable-equivalent rate, plus processing and document fees; bank approval remains pending.
Centennial Bank holds this financial services contract with City of Mexico Beach. Its other public contracts on record include work for Carson County and City of Olton.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,500,000; $1,025 processing fee; $4,000 attorney-prepared document fee
- Document date
- October 30, 2026
- Term
- 12-month revolving line of credit
- Renews
- On record
- Vendor
- Centennial Bank
- Agency
- City of Mexico Beach
- Source document
- City of Mexico Beach AgendaPacket Line of Credit Applications 2026-10-30 (AgendaPacket)
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 $2,500,000; $1,025 processing fee; $4,000 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 $2,500,000; $1,025 processing fee; $4,000 attorney-prepared document fee, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Mexico Beach AgendaPacket Line of Credit Applications 2026-10-30 (AgendaPacket), 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.
