Council Considers Amended Lease with Finance LP

Big Spring officials will consider a Second Amended and Restated Master Lease Agreement that includes Municipal Corrections Finance, L.P., updating financing and lease structures tied to GEO-operated facilities and a new 5-acre site. The measure would authorize the City Manager to complete all related documentation.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Second Amended and Restated Master Lease supersedes and consolidates earlier master lease and financing arrangements for GEO-related facilities, including new Property L.

Document type

Agenda

Source document

City of Big Spring City Council Regular Agenda 2026-07-28

Related contracts

Other contracts from Municipal Corrections Finance Lp.

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City of Big Spring AgendaPacket Regular Agenda 2026-07-28

AMENDED

City of Big Spring, TexasJul 27, 2026

City of Big Spring AgendaPacket Regular Agenda 2026-07-28

PENDING

City of Big Spring, TexasJul 27, 2026

City of Big Spring City Council Regular Agenda 2026-07-14

PENDING

City of Big Spring, TexasJul 12, 2026

City of Big Spring City Council Regular Agenda 2026-07-14

AMENDED

City of Big Spring, TexasJul 12, 2026

Big Spring City Council Agenda August 2024

APPROVED

Big Spring Housing Authority, TexasAug 14, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Big Spring?

Municipal Corrections Finance Lp was awarded this financial services contract by City of Big Spring, as recorded on July 27, 2026.

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 Big Spring City Council Regular Agenda 2026-07-28 (Agenda), dated July 27, 2026 from City of Big Spring. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Corrections Finance Lp hold?

Municipal Corrections Finance Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Big Spring currently buying?

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