City of Sanford City Council Meeting Agenda May 5 2026
Sanford to extend banking services with Camden National Bank
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Description
The Sanford City Council will consider authorizing the City Manager to execute an agreement with Camden National Bank extending the City's existing banking services contract for three more years, through June 30, 2029. This action would continue Camden National Bank's role as the City's primary banking services provider under an extended term.
Contract Details
Vendor
CAMDEN NATIONAL BANK
Agency
City of Sanford, ME
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Three-year extension expiring June 30, 2029
Renewal Date
2029-06-30
Renewal Info
Proposed extension of the existing banking services agreement for an additional three-year term ending June 30, 2029, subject to City Council authorization in item 26-136-01.
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