FINANCIAL_SERVICESONGOING

Bank Holds $3.03M Mortgage on Fresh Smart Parcel

United Bank of Michigan is the mortgagee on a $3,033,000 loan to Novara Properties, LLC for the parcel associated with the Fresh Smart Market development. The mortgage is cited in the title search supporting the City’s right-of-way acceptance.

Status
ONGOING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
United Bank of Michigan
Agency
City of Novi · MI

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$3,033,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Mortgage dated July 29, 2021
Document type
StaffReport
Source document
City of Novi StaffReport Approval of a warranty deed for Fresh Smart development 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Novi?

United Bank of Michigan was awarded this financial services contract by City of Novi, as recorded on July 13, 2026. The contract value is $3,033,000.00.

How much is the United Bank of Michigan contract with City of Novi worth?

The United Bank of Michigan contract with City of Novi is valued at $3,033,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Novi StaffReport Approval of a warranty deed for Fresh Smart development 2026-07-13 (StaffReport), dated July 13, 2026 from City of Novi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United Bank of Michigan hold?

United Bank of Michigan may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View United Bank of Michigan's profile

What is City of Novi currently buying?

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

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