FINANCIAL_SERVICESAPPROVED

Town of Madison Awards Financial Services Contract to Mississippi Development Bank (August 2026)

The City of Madison approved issuance of up to $10 million in tax-exempt general obligation public improvement bonds and a purchase agreement selling the Qualified Obligation to the Mississippi Development Bank. The action includes related bond purchase, placement, and insurance arrangements for the Series 2026 financing.

Status
APPROVED
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mississippi Development Bank
Agency
Town of Madison · MO

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

Scope & details

The full contract record, as filed.

Contract amount
Maximum aggregate principal amount of $10,000,000
Contract type
FINANCIAL_SERVICES
Renewal
Single bond issuance for Series 2026 general obligation public improvement project; future refunding or refinancing would require separate authorization.
Document type
Agenda
Source document
City of Madison Agenda Mayor and Board of Aldermen Agenda 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Madison?

Mississippi Development Bank was awarded this financial services contract by Town of Madison, as recorded on August 4, 2026. The contract value is Maximum aggregate principal amount of $10,000,000.

How much is the Mississippi Development Bank contract with Town of Madison worth?

The Mississippi Development Bank contract with Town of Madison is valued at Maximum aggregate principal amount of $10,000,000, covering financial services work.

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 Madison Agenda Mayor and Board of Aldermen Agenda 2026-08-04 (Agenda), dated August 4, 2026 from Town of Madison. 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 Town of Madison currently buying?

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

View Town of Madison's profile

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