MLK Corridor Improvement Authority Meeting Agenda 2026-05-28
Communities First Soft Cost Budget Approved for Due Diligence
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Description
The MLK Corridor Improvement Authority recommended that City Council approve a purchase agreement between the City of Jackson and Communities First for redevelopment of the Cooper & Biddle site. The Board also approved a $260,000 soft cost budget for Communities First to conduct due diligence during the inspection period, contingent on Council approval of the agreement.
Contract Details
Contract Amount
$260,000.00
Vendor
COMMUNITIES FIRST
Agency
City of Jackson, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 28, 2026
Contract Term
Inspection period as provided for in the purchase agreement
Renewal Info
One-time soft cost budget tied to the inspection period of the contemplated purchase agreement; future renewals or amendments would depend on City Council’s approval and subsequent project needs.
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