Strafford County Commissioners Public Meeting Minutes 2026-05-01
$16 Million Tax Anticipation Note Awarded to M & T Bank
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Description
Strafford County Commissioners awarded the $16 million Tax Anticipation Note to M & T Bank at a 3.60% rate, with maturity on December 30, 2026. The contract was formally authorized and signed following a competitive bidding process.
Contract Details
Contract Amount
$16,000,000 at 3.60% interest
Vendor
M & T BANK
Agency
Strafford County, NH
Contract Type
FINANCIAL_SERVICES
Document Date
May 1, 2026
Contract Term
Awarded May 12, 2026; maturity date December 30, 2026
Renewal Date
2026-12-30
Renewal Info
Term ends December 30, 2026; no mention of renewals. Separate TAN bidding occurs semi-annually.
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