City of Kalamazoo Downtown Development Authority Agenda May 2026
DDA Long-Term Loan Agreement With City of Kalamazoo
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Description
The Downtown Development Authority has a Loan Agreement with the City of Kalamazoo covering the period from December 2024 through December 2035. As of March 31, 2026, long-term debt outstanding to the City totals $1,070,680.
Contract Details
Vendor
CITY OF KALAMAZOO
Agency
City of Kalamazoo, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Dec. 2024 – Dec. 2035
Renewal Date
2035-12-31
Renewal Info
Loan term runs December 2024 through December 2035; any renewal or refinancing terms are not specified in the agenda packet.
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