FINANCIAL_SERVICESAPPROVED

Moss Point School District Awards Financial Services Contract to Fnb Oxford Bank (August 2026)

The Moss Point School District Board of Trustees approved a three-year revenue shortfall loan with FNB Oxford Bank in a principal amount not to exceed $272,352 at an interest rate of 6.04% to offset FY 2026 operations funding gaps. The loan will be evidenced by a taxable promissory note with equal annual payments through 2029 and may be repaid from a special ad valorem tax if needed.

Status
APPROVED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Fnb Oxford Bank
Agency
Moss Point School District · MS

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$272,352 (principal) with three annual payments of $101,964.97 (total $305,894.91)
Contract type
FINANCIAL_SERVICES
Contract term
Three-year term, Note dated September 10, 2026 with payments due September 10, 2027; September 10, 2028; and September 10, 2029
Renewal date
2029-09-10
Renewal
The promissory note is a fixed three-year obligation with equal annual payments and is not prepayable without the lender’s consent under Alternate 3. No renewals or extensions are provided; the debt amortizes fully by the 2029 payment, subject to any Superintendent-approved reduction in principal prior to issuance.
Document type
Resolution
Source document
Moss Point School District Resolution Request for Approval to Accept FNB Oxford Bank Shortfall Loan Bid 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Moss Point School District?

Fnb Oxford Bank was awarded this financial services contract by Moss Point School District, as recorded on August 13, 2026. The contract value is $272,352 (principal) with three annual payments of $101,964.97 (total $305,894.91).

How much is the Fnb Oxford Bank contract with Moss Point School District worth?

The Fnb Oxford Bank contract with Moss Point School District is valued at $272,352 (principal) with three annual payments of $101,964.97 (total $305,894.91), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Moss Point School District Resolution Request for Approval to Accept FNB Oxford Bank Shortfall Loan Bid 2026-08-13 (Resolution), dated August 13, 2026 from Moss Point School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fnb Oxford Bank hold?

Fnb Oxford 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 Fnb Oxford Bank's profile

What is Moss Point School District currently buying?

Explore Moss Point School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Moss Point School District's profile

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