City of Cadillac City Council Meeting Agenda Packet January 20 2026
Cadillac Commons Management Agreement with DDA Recommended
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Description
City Council is recommended to approve a 10-year management and operations agreement with the Cadillac DDA for Cadillac Commons, with DDA handling events, rentals, and administration, and remitting 20% of annual revenues to the city for maintenance.
Contract Details
Contract Amount
20% of annual rental revenue (annual service fee); 10-year term
Vendor
CADILLAC DOWNTOWN DEVELOPMENT AUTHORITY
Agency
Cadillac Housing Commission, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
January 20, 2026
Contract Term
10 years, effective 2026
Renewal Date
2036-12-31
Renewal Info
Agreement may be renewed by written agreement of both parties; fee subject to periodic review.
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