Village of Spring Lake Council AgendaPacket 2026-05-18
Village Utilizes MICHIGAN CLASS for Bond Fund Transfers
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Description
Spring Lake executed multiple bond-related wire transfers with MICHIGAN CLASS in April 2026, moving several hundred thousand dollars in and out of its investment pool accounts. These transactions support management of the Village's 2026 bond proceeds and related funds.
Contract Details
Contract Amount
Multiple transfers: $300,000; $500,000; $500,000; $500,000; $500,000
Vendor
MICHIGAN CLASS
Agency
Spring Lake village, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
Ongoing participation in MICHIGAN CLASS investment program; no specific renewal date shown in register.
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