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Hearing Set on New Addison Capital Credit Enhancement

Town of Cumberland logoTown of Cumberland
Document date
Nov 10, 2025
Term
July 1, 2027 – June 30, 2047
Renews
Free account

The 30-second brief

What it covers

The Town scheduled a November 24, 2025 public hearing on a proposed Credit Enhancement Agreement for Addison Capital at 275 US Route One, running from July 1, 2027 through June 30, 2047. The agreement would support Addison Capital’s (Lucas Tree’s) relocation of its operations to the site.

Who holds it

Addison Capital holds this financial services contract with Town of Cumberland. Its other public contracts on record include work for Brookdale Community College.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Cumberland contract.

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Contract details

Contract type
Financial Services
Document date
November 10, 2025
Term
July 1, 2027 – June 30, 2047
Renews
Free account
Vendor
Addison Capital
Agency
Town of Cumberland
Source document
cumberland_town_council_meeting_minutes_november_1.pdf (Minutes)

Addison Capital's other public contracts

Town of Cumberland, MaineCredit Enhancement Agreement for Addison Capital · Nov 24, 2025$5KTown of Cumberland, MaineAddison Capital credit enhancement agreement approved for 20 years · Nov 24, 2025UndisclosedTown of Cumberland, MaineCouncil to Consider Addison Capital Credit Agreement · Nov 24, 2025UndisclosedBrookdale Community College, New JerseyAddison Capital Oversees Foundation Investment Portfolio · Jul 23, 2019All Addison Capital contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Cumberland?

Addison Capital was awarded this financial services contract by Town of Cumberland, as recorded on November 10, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in cumberland_town_council_meeting_minutes_november_1.pdf (Minutes), dated November 10, 2025 from Town of Cumberland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Addison Capital hold?

Addison Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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