Lamar County School District Awards Financial Services Contract to Mississippi Development Bank (May 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $17,590,000 (principal amount of bonds to purchase district bond)

Contract type

FINANCIAL_SERVICES

Contract term

Final maturity not to exceed 27 years from date of issuance; Series 2026 bonds structured to match District Bond

Renewal

One-time bond financing; Series 2026 District Bond and corresponding Mississippi Development Bank Special Obligation Bonds have a maximum 27-year maturity with no standard renewal, but may be refunded by future refunding bonds as allowed under the resolution.

Document type

AgendaPacket

Source document

Lamar County School District AgendaPacket Regular Meeting 2026-05-11

Frequently asked questions

Common questions about this contract, answered from the record.

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 11, 2026. The contract value is Not to exceed $17,590,000 (principal amount of bonds to purchase district bond).

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 $17,590,000 (principal amount of bonds to purchase district bond), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Lamar County School District AgendaPacket Regular Meeting 2026-05-11 (AgendaPacket), dated May 11, 2026 from Lamar County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View Mississippi Development Bank's 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.

View Lamar County School District's profile