FINANCIAL_SERVICESAPPROVED

Town of Fort Fairfield Awards Financial Services Contract to Katahdin Trust Company (June 2026)

The Fort Fairfield Town Council approved Katahdin Trust Company to provide the FY 2026/2027 Tax Anticipation Note at a fixed interest rate of 4.21% to support municipal cash flow until property tax revenues are received. The selection followed an RFP process with three financial institutions.

Status
APPROVED
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Katahdin Trust Company
Agency
Town of Fort Fairfield · ME

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
FY 2026/2027 Tax Anticipation Note at 4.21% fixed rate
Renewal date
2027-06-30
Renewal
Single-year tax anticipation note for FY26/27 selected via competitive RFP; no multi-year renewal terms mentioned.
Document type
Minutes
Source document
Fort Fairfield Town Council Monthly Meeting Minutes 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Fort Fairfield?

Katahdin Trust Company was awarded this financial services contract by Town of Fort Fairfield, as recorded on June 17, 2026.

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 Fort Fairfield Town Council Monthly Meeting Minutes 2026-06-17 (Minutes), dated June 17, 2026 from Town of Fort Fairfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Katahdin Trust Company hold?

Katahdin Trust Company 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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What is Town of Fort Fairfield currently buying?

Explore Town of Fort Fairfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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