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City of Cadillac City Council Meeting Agenda Packet January 2026

Long-Term Cadillac Commons Management Agreement with DDA

20% of annual rental revenue as service feeCadillac Wexford Joint Airport AuthorityCADILLAC DOWNTOWN DEVELOPMENT AUTHORITYJanuary 20, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Cadillac is entering into a 10-year agreement with the Cadillac Downtown Development Authority for management, scheduling, and marketing of Cadillac Commons, with the DDA paying 20% of annual rental revenue to the City for maintenance services.

Contract Details

Contract Amount

20% of annual rental revenue as service fee

Vendor

CADILLAC DOWNTOWN DEVELOPMENT AUTHORITY

Agency

Cadillac Wexford Joint Airport Authority, MI

Contract Type

OTHER

Document Date

January 20, 2026

Contract Term

10 years from effective date in 2026

Renewal Date

2036-12-31

Renewal Info

10-year agreement, renewable by written agreement at end of term. Service fee structure subject to periodic review and adjustment.

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