CONTRACTPENDING

Town to Seek $3M TAN With Camden National & Others

Disclosed value: Up to $3,000,000 (Tax Anticipation Note); From minutes
Document date: Jun 24, 2026

What it covers

The Oakland Town Council authorized the Town Manager to explore a $3,000,000 Tax Anticipation Note, including with current bank Camden National, to manage cash flow through September 2026. The borrowing would help cover large July obligations before property tax revenues arrive.

Who holds it

Camden National holds this financial services contract with Town of Oakland. Its other public contracts on record include work for Town of Osborn and Town of Freedom.

What happens next

Term as filed: Covers cash flow needs during July, August, and September 2026.

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Contract details

Contract type: Financial Services
Amount: Up to $3,000,000 (Tax Anticipation Note)
Document date: June 24, 2026
Term: Covers cash flow needs during July, August, and September 2026
Vendor: Camden National
Agency: Town of Oakland
Source document: Oakland Town Council Minutes 2026-06-24 (Minutes)

Camden National's other public contracts

Town of Osborn, MaineOsborn Plans Certificate Of Deposit Renewal · Sep 22, 2026Undisclosed Town of Freedom, MaineTown Confirms Camden National Banking Relationship · Aug 10, 2026Undisclosed Town of Carmel, MaineCamden National Chosen for Carmel TAN Financing · Apr 27, 2026Undisclosed New Hampshire Municipal Bond Bank | State of New Hampshire, New HampshireBond Bank Holds $1.5 Million Camden National CD · Mar 17, 2026 Town of Vinalhaven, MaineCamden National Bank in Running for Town Deposits · Feb 10, 2026Undisclosed All Camden National contractsVendor profile

More Town of Oakland contracts

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Questions about this contract

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

Camden National was awarded this financial services contract by Town of Oakland, as recorded on June 24, 2026. The contract value is Up to $3,000,000 (Tax Anticipation Note).

How much is the Camden National contract with Town of Oakland worth?

The Camden National contract with Town of Oakland is valued at Up to $3,000,000 (Tax Anticipation Note), covering financial services work.

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 Oakland Town Council Minutes 2026-06-24 (Minutes), dated June 24, 2026 from Town of Oakland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Camden National hold?

Camden National 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 Town of Oakland currently buying?

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

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