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FACILITIESONGOING

City of Coldwater Downtown Development Authority Agenda Packet 2026-05-27

Children’s Museum Lease Generates $19,200 Annual Rent

$1,600/month (total $19,200 annually)Town of ColdwaterCHILDREN’S MUSEUMMay 27, 2026

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

Description

The DDA maintains an ongoing lease with the Children’s Museum under Agreement A22-01, generating $1,600 per month in rent through October 2027. This long-term tenancy supports stable revenue and active use of downtown space.

Contract Details

Contract Amount

$1,600/month (total $19,200 annually)

Vendor

CHILDREN’S MUSEUM

Agency

Town of Coldwater, MI

Contract Type

FACILITIES

Document Date

May 27, 2026

Contract Term

October 7, 2022 – October 2027 (5-year month-to-month renewable lease)

Renewal Date

2027-10-31

Renewal Info

Five-year month-to-month renewable lease running through October 2027, which may be renegotiated at term end.

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