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TIFA loan principal and interest paid to Southern MI Bank

City of Hillsdale
Disclosed value
$20,900.00
From report
Document date
Apr 30, 2026

The 30-second brief

What it covers

Hillsdale paid Southern MI Bank & Trust $20,900.00 for principal and interest on a TIFA loan. These payments reduce outstanding tax-increment financing debt.

Who holds it

Southern Mi Bank & Trust holds this financial services contract with City of Hillsdale. Its other public contracts on record include work for Town of Cooper charter and Town of Flowerfield.

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Contract details

Contract type
Financial Services
Amount
$20,900.00
Document date
April 30, 2026
Vendor
Southern Mi Bank & Trust
Agency
City of Hillsdale
Source document
City of Hillsdale Invoice GL Distribution Report April 2026 (Report)

Southern Mi Bank & Trust's other public contracts

Town of Cooper charter, MichiganTownship Reports Southern MI Bank CD Maturing 2027 · Oct 12, 2026$200KTown of Flowerfield, MichiganBank Emailed Township on CD Rates · Jul 14, 2026UndisclosedCity of Hillsdale, MichiganTIFA Makes $20,000 Principal Payment To Bank · May 18, 2026$20KCity of Hillsdale, MichiganTIFA Pays $900 Loan Interest To Bank · May 18, 2026$900Town of Cooper charter, MichiganTownship Designates Southern MI Bank Depository · Apr 13, 2026UndisclosedAll Southern Mi Bank & Trust contractsVendor profile

More City of Hillsdale contracts

City of Hillsdale Economic Development CorporationEDC Issues RFP for Community Video Tour Project · Aug 18, 2026UndisclosedWLNSEDC Considers WLNS Holiday Advertising Package · Aug 18, 2026Schindler Elevator CorporaQuarterly Elevator Maintenance Paid to Schindler · Aug 17, 2026$787.9Stoll Metal Sales LLCAluminum Utility Hardware Bought from Stoll Metal Sales · Aug 17, 2026$281.6Performance AutomotiveAutomotive Parts Purchased from Performance Automotive · Aug 17, 2026$122.6All City of Hillsdale activityAgency profile

Questions about this contract

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

Southern Mi Bank & Trust was awarded this financial services contract by City of Hillsdale, as recorded on April 30, 2026. The contract value is $20,900.00.

How much is the Southern Mi Bank & Trust contract with City of Hillsdale worth?

The Southern Mi Bank & Trust contract with City of Hillsdale is valued at $20,900.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Hillsdale Invoice GL Distribution Report April 2026 (Report), dated April 30, 2026 from City of Hillsdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Southern Mi Bank & Trust hold?

Southern Mi Bank & Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Hillsdale currently buying?

Explore City of Hillsdale's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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