Brownfield Redevelopment Authority Regular Meeting Agenda September 2025
Trailside II TIF Rights Assigned to Lender for Developer Team
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Description
Interra Homes, LLC, as home builder for Trailside II, is part of the approved collateral assignment of TIF reimbursements to Macatawa Bank.
Contract Details
Vendor
INTERRA HOMES LLC
Agency
City of South Haven, MI
Contract Type
FINANCIAL_SERVICES
Document Date
September 8, 2025
Contract Term
Collateral assignment of TIF reimbursement rights, Trailside II project
Renewal Info
Assignment is valid for the duration of the TIF reimbursement period, tied to loan security.
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