Town Weighs Bond Bank Financing For Capital Needs
Town of NewcastleCity · ME- Document date
- Jan 26, 2026
The 30-second brief
Newcastle staff proposed contracting with the Maine Municipal Bond Bank to finance a new fire truck and potentially the Hopkins Hill road project using voter-approved borrowing authority. The Select Board is asked to authorize the Town Manager to finalize loan terms and fund bond counsel from the contingency account.
Maine Municipal Bond Bank holds this financial services contract with Town of Newcastle. Its other public contracts on record include work for Brunswick Sewer District and Caribou Utilities District.
Term as filed: Either 10-year or 15-year loan, options under consideration.
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Contract details
- Contract type
- Financial Services
- Document date
- January 26, 2026
- Term
- Either 10-year or 15-year loan, options under consideration
- Agency
- Town of Newcastle
- Source document
- Newcastle Select Board & Board of Assessors Agenda January 2026 (Agenda)
Maine Municipal Bond Bank's other public contracts
More Town of Newcastle contracts
Questions about this contract
Who was awarded the financial services contract by Town of Newcastle?
Maine Municipal Bond Bank was awarded this financial services contract by Town of Newcastle, as recorded on January 26, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Newcastle Select Board & Board of Assessors Agenda January 2026 (Agenda), dated January 26, 2026 from Town of Newcastle. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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.
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What is Town of Newcastle currently buying?
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