Pontiac City Council Agenda Packet 2026-06-16
City Finalizes 300 W. Huron Deal And CSI Leaseback
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Description
Pontiac City Council approved a Usage and Notice to Close Agreement with CSI, LLC for the 300 W. Huron Street property, triggering closing under an existing purchase agreement and setting a $10,000 per month, month‑to‑month post‑closing occupancy. The arrangement defines CSI’s limited space use, insurance, and termination terms.
Contract Details
Contract Amount
$10,000 per month (post-closing occupancy); purchase price not restated
Vendor
CSI LLC
Agency
City of Pontiac, MI
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
Month-to-month after property closing, terminable with 60 days’ written notice
Renewal Info
Occupancy is month-to-month and may be terminated by either party with 60 days’ written notice; no fixed renewal date.
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