DDA Service Agreement with City of Traverse City for Downtown Services
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Description
The Downtown Development Authority (DDA) commits to an ongoing Service Agreement with the City of Traverse City, providing approximately $10.4 million over 20 years for city services in the downtown district, including police, public works, and administrative support. Funding is projected from 2028 through 2048 and may be adjusted as needs change.
Contract Details
Contract Amount
$10,400,000 (projected, over 20 years)
Vendor
CITY OF TRAVERSE CITY
Agency
City of Traverse, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 17, 2026
Contract Term
2028 – 2048 (20 years)
Renewal Date
2048-12-31
Renewal Info
Future Service Agreements may adjust funding as operational needs evolve; formal renewals are expected throughout the term with possible amendments.
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