264-20260107151320 INDIANOLA.pdf
PDF 155 KB Posted
- Attached to
- 264-20260107151320 Indianola
- Solicitation number
- 3170034751
- Issued by
- Tunica County, Jackson City, Mississippi
About this file
This is a Notice to Bidders issued by the City of Indianola, Mississippi, soliciting sealed bids from qualified financial institutions to serve as the municipal depository for the city. The City of Indianola, Mississippi, is seeking bids for depository services with a contract term of two years, with continuation possible thereafter until new arrangements are established in accordance with applicable law. Sealed bids marked "Depository Bid" must be submitted to the City Hall, Office of the City Clerk, located at 101 Front Street, Indianola, Mississippi 38751, on or before 7:00 p.m. on January 12, 2026, at which time the Mayor and Board of Aldermen will convene to review submissions. All bidders must comply with Mississippi state law, specifically Sections 27-105-305, 27-105-353, and 27-105-315 of the Mississippi Code of 1972, as amended.
Bidders are required to designate the type of security authorized by law that they propose to provide as collateral for municipal funds and must specify their method for computing interest on accounts. Bidders should certify their qualification to serve as a city depository in accordance with Section 27-105-315. The Mayor and Board of Aldermen reserve the right to reject any and all bids and to waive any irregularities in submissions. The notice was published on January 9, 2026, and was issued under the authority of Stephanie Washington, City Clerk, on December 22, 2025.
View the file
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
NOTICE TO BIDDERS
FOR MUNICIPAL DEPOSITORY
CITY OF INDIANOLA, MISSISSIPPI
NOTICE IS HEREBY GIVEN TO ALL QUALIFIED FINANCIAL
INSTITUTIONS that the City of Indianola, Mississippi, shall receive sealed bids to serve as municipal depository for the City of Indianola, Mississippi.
The term for municipal depository shall be for (2) years and thereafter until new arrangements shall be made in accordance with law. All bidders shall comply with the laws of the State of Mississippi, and specifically, Sections 27-105-305 and 27-105-353 of the Mississippi Code of 1972, as amended.
The bids or proposals shall designate the kind of security as authorized by law which the bidder proposes to give as security for municipal funds, as well as method of computing interest on said accounts. Bidders should certify that they are qualified to be a
City Depository as set out by Section 27-105-315 of the Mississippi Code of 1972, as amended.
Such bids or proposals as the financial institution may make for the privilege of keeping municipal funds, or any part thereof shall be received by sealed bid marked
“Depository Bid”, in City Hall, Office of the City Clerk, 101 Front Street, Indianola, Mississippi 38751, on or before the meeting of the Mayor and the Board of Aldermen at
7:00 p.m., January 12, 2026.
The Mayor and the Board of Aldermen reserves the right to reject any and all bids and to waive any irregularities in the bids.
Given under my hand and seal this the 22nd day of December, 2025.
CITY CLERK
DATE: 12/22/2025 /s/ Stephanie Washington Stephanie Washington, City Clerk
Publication Dates 01/09/2026
File details come from the government source that posted it. Updated .