City of Bangor Business & Economic Development Committee Agenda April 2026
Penquis leases 120 Venture Way from City
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Description
The City of Bangor leases the property at 120 Venture Way to Penquis for $3,116 per month, with revenues supporting the Economic Development enterprise fund. The lease provides stable space for Penquis operations within a City-owned facility.
Contract Details
Contract Amount
$3,116.00/month
Vendor
PENQUIS
Agency
City of Bangor, ME
Contract Type
OTHER
Document Date
April 6, 2026
Renewal Info
Lease terms are being reviewed and updated by staff for consistency; renewal details are not provided.
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