Town of Easton Board of Selectmen Regular Meeting Minutes 2026-04-16
Tax Anticipation Note Up to $990K Approved
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Description
The Board approved a tax anticipation note with Katahdin Trust Company for up to $990,000 at 4.61% interest over 12 months to support town cash flow needs. The Town Manager was authorized to sign associated loan documents.
Contract Details
Contract Amount
Up to $990,000.00
Vendor
KATAHDIN TRUST COMPANY
Agency
Town of Easton, ME
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
12 months
Renewal Info
Twelve‑month tax anticipation note; no renewal or extension terms stated.
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