City to refinance Hangar 5 loan with airport
City of AuburnCity · Auburn, ME- Disclosed value
- Refinance outstanding principal on Hangar #5 loan at 2.58% interest for 20 years
- From agenda
- Document date
- Apr 4, 2026
- Term
- 20 years at 2.58% interest
- Renews
- Free account
The 30-second brief
The Auburn City Council will consider amending its agreement with the Auburn Lewiston Municipal Airport to refinance the outstanding Hangar #5 loan. The refinancing would extend the term to 20 years at an interest rate of 2.58 percent.
Auburn Lewiston Municipal Airport holds this financial services contract with City of Auburn. Its other public contracts on record include work for City of Lewiston.
The renewal date is on record. A free account shows it, with the renewals for every City of Auburn contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Refinance outstanding principal on Hangar #5 loan at 2.58% interest for 20 years
- Document date
- April 4, 2026
- Term
- 20 years at 2.58% interest
- Renews
- Free account
- Agency
- City of Auburn
- Source document
- City of Auburn Council Workshop & Meeting Agenda April 6 2026 (Agenda)
Auburn Lewiston Municipal Airport's other public contracts
More City of Auburn contracts
Questions about this contract
Who was awarded the financial services contract by City of Auburn?
Auburn Lewiston Municipal Airport was awarded this financial services contract by City of Auburn, as recorded on April 4, 2026. The contract value is Refinance outstanding principal on Hangar #5 loan at 2.58% interest for 20 years.
How much is the Auburn Lewiston Municipal Airport contract with City of Auburn worth?
The Auburn Lewiston Municipal Airport contract with City of Auburn is valued at Refinance outstanding principal on Hangar #5 loan at 2.58% interest for 20 years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Auburn Council Workshop & Meeting Agenda April 6 2026 (Agenda), dated April 4, 2026 from City of Auburn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Auburn Lewiston Municipal Airport hold?
Auburn Lewiston Municipal Airport may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Auburn currently buying?
Explore City of Auburn's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.