CONTRACTONGOING

City continues payments on 2013 CSO bond with Bank of NY

City of Biddeford logoCity of Biddeford
Disclosed value
$1,140,000 original issue; FY2027 payment $55,000 principal and $8,628.13 interest
From agenda
Document date
Apr 28, 2026
Term
February 14, 2013 – May 1, 2022

The 30-second brief

What it covers

The City of Biddeford continues to service its 2013 CSO Project general obligation bond with Bank of NY, originally issued for $1,140,000 at 2.00% interest. FY2027 payments include $55,000 in principal and $8,628.13 in interest, with the bond maturing May 1, 2022.

Who holds it

Bank of Ny holds this financial services contract with City of Biddeford. Its other public contracts on record include work for Highland Mud and Louisiana Deferred Compensation Commission | State of Louisiana.

What happens next

Term as filed: February 14, 2013 – May 1, 2022.

See who signed off on this contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$1,140,000 original issue; FY2027 payment $55,000 principal and $8,628.13 interest
Document date
April 28, 2026
Term
February 14, 2013 – May 1, 2022
Source document
City of Biddeford City Council Meeting Agenda April 2026 (Agenda)

Bank of Ny's other public contracts

More City of Biddeford contracts

Questions about this contract

Who was awarded the financial services contract by City of Biddeford?

Bank of Ny was awarded this financial services contract by City of Biddeford, as recorded on April 28, 2026. The contract value is $1,140,000 original issue; FY2027 payment $55,000 principal and $8,628.13 interest.

How much is the Bank of Ny contract with City of Biddeford worth?

The Bank of Ny contract with City of Biddeford is valued at $1,140,000 original issue; FY2027 payment $55,000 principal and $8,628.13 interest, 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 Biddeford City Council Meeting Agenda April 2026 (Agenda), dated April 28, 2026 from City of Biddeford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Bank of Ny hold?

Bank of Ny 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 Biddeford currently buying?

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

Work in government? Get Civic IQ free →