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Katahdin Trust lowest cost for Airport Improvement Project

Town of Wallagrass logoTown of Wallagrass
Disclosed value
$1,039,200.00
From minutes
Document date
May 7, 2025
Term
2 year

The 30-second brief

What it covers

City Council will work with Katahdin Trust Company to get lowest cost of Airport Improvement project financing pending determination by Bernstein Shur on tax-exempt status. The estimated cost of interest is $1,039,200 over 2 years for tax-exempt financing and $1,298,400.00 for taxable.

Who holds it

Katahdin Trust Company holds this financing contract with Town of Wallagrass. Its other public contracts on record include work for Town of Houlton and Town of Easton.

What happens next

Term as filed: 2 year.

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Contract details

Contract type
Financing
Amount
$1,039,200.00
Document date
May 7, 2025
Term
2 year
Vendor
Katahdin Trust Company
Agency
Town of Wallagrass
Source document
presque-isle-city-council-minutes-bridge-contract-airport-financing-may-7-2025_e74.pdf (Minutes)

Katahdin Trust Company's other public contracts

Town of Houlton, MaineHoulton Updates Katahdin Trust Account Signers · Oct 13, 2026UndisclosedTown of Houlton, MaineHoulton Updates Authorized Signers at Katahdin Trust · Sep 28, 2026UndisclosedTown of Easton, MaineEaston Signs $500,000 Fire Station Loan · Sep 14, 2026$500KTown of Van Buren, MaineVan Buren Approves $750,000 Note From Katahdin Trust · Aug 18, 2026$750KTown of Mount Desert, MaineTown makes $776K payment to Katahdin Trust · Aug 17, 2026$776.4KAll Katahdin Trust Company contractsVendor profile

More Town of Wallagrass contracts

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Questions about this contract

Who was awarded the financing contract by Town of Wallagrass?

Katahdin Trust Company was awarded this financing contract by Town of Wallagrass, as recorded on May 7, 2025. The contract value is $1,039,200.00.

How much is the Katahdin Trust Company contract with Town of Wallagrass worth?

The Katahdin Trust Company contract with Town of Wallagrass is valued at $1,039,200.00, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in presque-isle-city-council-minutes-bridge-contract-airport-financing-may-7-2025_e74.pdf (Minutes), dated May 7, 2025 from Town of Wallagrass. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Katahdin Trust Company hold?

Katahdin Trust Company 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 Town of Wallagrass currently buying?

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

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