CONTRACTAWARDED

City of Morgan Awards Financial Services Contract to Louisiana Public Facilities Authority (February 2026)

Disclosed value: $750,000 (Bond R-2, part of $3,100,000); From minutes
Awarded: Feb 24, 2026
Renews: Mar 2027; Free account

What it covers

The council approved issuance of a $750,000 Limited Tax Bond to the Louisiana Public Facilities Authority to help fund city repairs after Hurricane Francine. This bond will be repaid in structured annual installments at 2.28% interest until 2036.

Who holds it

Louisiana Public Facilities Authority holds this financial services contract with City of Morgan. Its other public contracts on record include work for Rapides Parish and Mcneese State University.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Morgan contract.

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Contract details

Contract type: Financial Services
Amount: $750,000 (Bond R-2, part of $3,100,000)
Document date: February 24, 2026
Term: Delivery Date March 5, 2026 – Maturity March 1, 2036
Renews: Free account
Vendor: Louisiana Public Facilities Authority
Agency: City of Morgan
Source document: City of Morgan City Council Meeting Minutes February 2026 (Minutes)

Louisiana Public Facilities Authority's other public contracts

Rapides Parish, LouisianaLPFA to finance portion of Fire District No. 7 bonds · Jun 8, 2026 Mcneese State University, LouisianaSouthern University Student Housing Financing Approved · Apr 29, 2026$53M Mcneese State University, LouisianaFinancing approved for Southern student housing project · Apr 29, 2026 Claiborne Parish Fire District #4, LouisianaParish Issues $1.55M Tax Bonds to LPFA and Bank · Nov 5, 2025 Sabine Parish School District, LouisianaLouisiana Facilities Authority Purchases $187.5K Sales Tax Bond R-2 · Sep 15, 2025 All Louisiana Public Facilities Authority contractsVendor profile

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Questions about this contract

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

Louisiana Public Facilities Authority was awarded this financial services contract by City of Morgan, as recorded on February 24, 2026. The contract value is $750,000 (Bond R-2, part of $3,100,000).

How much is the Louisiana Public Facilities Authority contract with City of Morgan worth?

The Louisiana Public Facilities Authority contract with City of Morgan is valued at $750,000 (Bond R-2, part of $3,100,000), 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 Morgan City Council Meeting Minutes February 2026 (Minutes), dated February 24, 2026 from City of Morgan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Louisiana Public Facilities Authority hold?

Louisiana Public Facilities Authority 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 Morgan currently buying?

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

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