MUNICIPAL_DEPOSITORY_-_COLLATERAL_REQUIREMENTS_CERTIFICATION_26-303.pdf

This is a Collateral Requirements Certification form for the City of Senatobia, Mississippi, seeking proposals from financial institutions to serve as the city's municipal depository for the calendar years 2026 through 2030. The certification document requires interested financial institutions to provide their name, address, and formal certification that they comply with Mississippi Code Section 27-105-5 regarding collateral requirements for municipal deposits exceeding Federal Deposit Insurance Corporation coverage limits. The proposal process is governed by Mississippi Code Sections 27-105-305 and 27-105-353, and the document serves as the formal response mechanism for institutions interested in the depository contract opportunity.

Financial institutions submitting proposals must certify that they meet the capital ratio requirements specified in Mississippi Code Sections 27-105-5 or 27-105-6 and that they are certified by the State Treasurer as meeting those requirements. The undersigned representative of the financial institution must provide their name, title, and date of signature on the certification form. No specific pricing, pricing terms, or set-asides are outlined in this certification document, as it functions primarily as a compliance and qualification verification form rather than a pricing or terms proposal document.