FINANCIAL_SERVICESONGOING

DDA Long-Term Loan Agreement With City Reported

The Downtown Development Authority has a loan agreement with the City of Kalamazoo spanning December 2024 through December 2035. The May 2026 financial summary notes $1,070,680 in long-term debt outstanding to the City under this arrangement.

Status
ONGOING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
City of Kalamazoo
Agency
City of Kalamazoo · MI

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Dec. 2024 – Dec. 2035
Renewal date
2035-12-31
Renewal
Loan term extends from December 2024 to December 2035; no renewal or refinancing options are described in this packet.
Document type
AgendaPacket
Source document
City of Kalamazoo Downtown Development Authority Agenda Packet 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Kalamazoo?

City of Kalamazoo was awarded this financial services contract by City of Kalamazoo, as recorded on July 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Kalamazoo Downtown Development Authority Agenda Packet 2026-07-13 (AgendaPacket), dated July 13, 2026 from City of Kalamazoo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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