Littleton Approves $800,000 BAN with Bangor Savings Bank
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Description
The Town of Littleton Select Board authorized an $800,000 General Obligation Bond Anticipation Note line of credit with Bangor Savings Bank at 4.55% to support cash flow needs for the Wastewater Treatment Plant project. The note will close on May 7, 2026 and is expected to be repaid from proceeds of the July 2026 municipal bond sale.
Contract Details
Contract Amount
$800,000 line of credit at 4.55%
Vendor
BANGOR SAVINGS BANK
Agency
Town of Littleton, NH
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Note dated May 7, 2026; payable upon receipt of July 2026 bond sale proceeds (anticipated August 2026 payoff)
Renewal Date
2026-08-31
Renewal Info
Single-use bond anticipation note expected to be repaid in full from New Hampshire Municipal Bond Bank sale proceeds; no renewals described.
More from BANGOR SAVINGS BANK
More from Town of Littleton
Littleton Select Board Meeting Minutes April 27 2026
Littleton Select Board Meeting Minutes April 27 2026
Littleton Select Board Meeting Minutes April 27 2026
littleton_select_board_minutes_december_8_2025.pdf
littleton_town_deliberative_session_minutes_decemb.pdf
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