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Merrimack County board approves reinvestment of TAN funds; chair abstains
County of Merrimack Board of Commissioners · March 1, 2026
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Summary
The board voted to invest up to $18 million of Tax Anticipation Note proceeds with Bar Harbor Bank & Trust at 3.85%; the motion passed 2–0 with Chair Trachy abstaining due to a conflict of interest.
The Merrimack County Board of Commissioners voted March 9 to invest up to $18 million in Tax Anticipation Note proceeds with Bar Harbor Bank & Trust at an interest rate of 3.85%, Finance…
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