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Town of Cumberland Awards Credit Enhancement Agreement Contract to Addison Capital (November 2025)

Town of Cumberland logoTown of Cumberland
Approved
Nov 24, 2025
Term
July 1, 2027 – June 30, 2047

The 30-second brief

What it covers

Addison Capital approved a credit enhancement agreement for Lucas Tree to relocate and consolidate operations, effective July 1, 2027 through June 30, 2047.

Who holds it

Addison Capital holds this credit enhancement agreement contract with Town of Cumberland. Its other public contracts on record include work for Brookdale Community College.

What happens next

Term as filed: July 1, 2027 – June 30, 2047.

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Contract details

Contract type
Credit Enhancement Agreement
Document date
November 24, 2025
Term
July 1, 2027 – June 30, 2047
Vendor
Addison Capital
Agency
Town of Cumberland
Source document
cumberland_town_council_meeting_minutes_november_2.pdf (Minutes)

Addison Capital's other public contracts

Town of Cumberland, MaineCredit Enhancement Agreement for Addison Capital · Nov 24, 2025$5KTown of Cumberland, MaineCouncil to Consider Addison Capital Credit Agreement · Nov 24, 2025UndisclosedTown of Cumberland, MaineHearing Set on New Addison Capital Credit Enhancement · Nov 10, 2025UndisclosedBrookdale Community College, New JerseyAddison Capital Oversees Foundation Investment Portfolio · Jul 23, 2019All Addison Capital contractsVendor profile

More Town of Cumberland contracts

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Questions about this contract

Who was awarded the credit enhancement agreement contract by Town of Cumberland?

Addison Capital was awarded this credit enhancement agreement contract by Town of Cumberland, as recorded on November 24, 2025.

What type of contract is this?

This is a Credit Enhancement Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in cumberland_town_council_meeting_minutes_november_2.pdf (Minutes), dated November 24, 2025 from Town of Cumberland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Addison Capital hold?

Addison Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Cumberland currently buying?

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

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