Lamar County School District Awards Financial Services Contract to Mississippi Development Bank (May 2025)
Lamar County School DistrictSchool · Vernon, AL- Disclosed value
- Not to exceed $100,000,000 (bond principal)
- From meeting minutes
- Approved
- May 12, 2025
The 30-second brief
The Lamar County School District authorized issuing up to $100 million in general obligation bonds and approved selling the series 2025 bond to the Mississippi Development Bank, along with all related financing documents. This action provides long-term financing capacity for district capital projects.
Mississippi Development Bank holds this financial services contract with Lamar County School District. Its other public contracts on record include work for City of Gulfport and City of Madison.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $100,000,000 (bond principal)
- Document date
- May 12, 2025
- Source document
- lamar-county-school-district-meeting-minutes-2025-05-12_43a.pdf (Meeting Minutes)
Mississippi Development Bank's other public contracts
More Lamar County School District contracts
Questions about this contract
Who was awarded the financial services contract by Lamar County School District?
Mississippi Development Bank was awarded this financial services contract by Lamar County School District, as recorded on May 12, 2025. The contract value is Not to exceed $100,000,000 (bond principal).
How much is the Mississippi Development Bank contract with Lamar County School District worth?
The Mississippi Development Bank contract with Lamar County School District is valued at Not to exceed $100,000,000 (bond principal), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in lamar-county-school-district-meeting-minutes-2025-05-12_43a.pdf (Meeting Minutes), dated May 12, 2025 from Lamar County School District. 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 Lamar County School District currently buying?
Explore Lamar County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.