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Strafford County approves $17,980,000 tax anticipation note; Camden National Bank bid accepted at 3.992%

3824743 · June 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Officials approved a $17,980,000 tax anticipation note, accepting Camden National Bank’s 3.992% bid after a competing 4.57% offer from JPMorgan; Webster Bank declined to bid, according to the meeting transcript.

Strafford County officials approved a $17,980,000 tax anticipation note, accepting a bid from Camden National Bank at an interest rate of 3.992%, after a competing bid from JPMorgan at 4.57% and noting that Webster Bank declined to bid, according to the meeting transcript.

The discussion opened when a meeting participant announced the $17,980,000 amount and asked finance staff to proceed. A staff member said, "We received 2 bids, 1…

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