CONTRACTAPPROVED

City of Sanford Awards $13,550,000 Financing Contract to Maine Municipal Bond Bank (September 2025)

Disclosed value: $13,550,000; From agenda
Approved: Sep 16, 2025

What it covers

City Council authorizes partial bond financing of $13,550,000 for a new fire station project, including engineering, design, and transaction costs. The city treasurer and council chair will take necessary actions for the issuance and sale of bonds through the Maine Municipal Bond Bank.

Who holds it

Maine Municipal Bond Bank holds this financing contract with City of Sanford. Its other public contracts on record include work for Town of Lisbon and School Administrative District 57.

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Contract details

Contract type: Financing
Amount: $13,550,000
Document date: September 16, 2025
Term: NA
Vendor: Maine Municipal Bond Bank
Agency: City of Sanford
Source document: city-of-sanford-city-council-meeting-agenda-september-16-2025_40e.pdf (Agenda)

Maine Municipal Bond Bank's other public contracts

Town of Lisbon, MaineLisbon Considers $200,000 Forgivable Water Loan · Oct 6, 2026$200K Town of Lisbon, MaineLisbon Water Department Seeks $200,000 Forgivable Loan · Oct 6, 2026$200K Town of Lisbon, MaineLisbon Considers $200,000 Forgivable Water Loan · Oct 5, 2026$200K Town of Lisbon, MaineLisbon Considers $200,000 Forgivable Water Loan · Oct 5, 2026$200K School Administrative District 57, MaineRSU 57 Advances Bond Bank Renovation Funding · Sep 22, 2026Undisclosed All Maine Municipal Bond Bank contractsVendor profile

More City of Sanford contracts

Sanford Masonic Temple AssociationSanford Plans Reciprocal Easement With Masonic Temple · Oct 4, 2026Undisclosed Allied Equipment of Hartland, MaineSanford Considers Asphalt Patcher Purchase from Allied Equipment · Oct 4, 2026$96.7K WBRCWBRC Reviews Fire Headquarters Construction Changes · Oct 4, 2026Undisclosed Sanford Library Association Dba the Louis B. Goodall Memorial LibrarySanford Delegates Library Easement Administration · Oct 4, 2026Undisclosed TRCTRC Continues Environmental Oversight At Fire Headquarters · Oct 4, 2026Undisclosed All City of Sanford activityAgency profile

Questions about this contract

Who was awarded the financing contract by City of Sanford?

Maine Municipal Bond Bank was awarded this financing contract by City of Sanford, as recorded on September 16, 2025. The contract value is $13,550,000.

How much is the Maine Municipal Bond Bank contract with City of Sanford worth?

The Maine Municipal Bond Bank contract with City of Sanford is valued at $13,550,000, covering financing work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-sanford-city-council-meeting-agenda-september-16-2025_40e.pdf (Agenda), dated September 16, 2025 from City of Sanford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Maine Municipal Bond Bank hold?

Maine Municipal Bond Bank 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 Sanford currently buying?

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

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