Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Accepts $100,000 MDOT Airport Loan
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Description
Peaine Township approved acceptance of a $100,000 loan from the Michigan Department of Transportation Office of Aeronautics to support improvements at the Beaver Island Airport. The loan will be repaid over a ten-year period as outlined in the adopted resolution.
Contract Details
Contract Amount
$100,000
Vendor
MICHIGAN DEPARTMENT OF TRANSPORTATION OFFICE OF AERONAUTICS
Agency
Town of Peaine, MI
Contract Type
FINANCIAL_SERVICES
Document Date
January 20, 2026
Contract Term
10 years
Renewal Date
2036-01-20
Renewal Info
Ten-year repayment period. No automatic renewal; term defined in contract.
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Peaine Township Board of Trustees Meeting Minutes January 2026
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Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Board of Trustees Meeting Minutes January 2026
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