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Town of Garfield charter Awards Pilot (Payment In Lieu Of Taxes) Contract to Lg Oak Terrace Ldha (October 2025)

Town of Garfield charter logoTown of Garfield charter
Approved
Oct 28, 2025
Term
January 1, 2026 – December 30, 2041

The 30-second brief

What it covers

LG Oak Terrace LDHA LLC approved for a 15-year PILOT agreement at 4% of annual shelter rents for affordable housing at 1240 Oak Terrace, effective January 1, 2026 through December 30, 2041.

Who holds it

Lg Oak Terrace Ldha holds this pilot (payment in lieu of taxes) contract with Town of Garfield charter.

What happens next

Term as filed: January 1, 2026 – December 30, 2041.

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Contract details

Contract type
Pilot (Payment In Lieu Of Taxes)
Document date
October 28, 2025
Term
January 1, 2026 – December 30, 2041
Vendor
Lg Oak Terrace Ldha
Agency
Town of Garfield charter
Source document
charter-township-of-garfield-board-meeting-agenda-october-28-2025_5c9.pdf (Agenda)

Lg Oak Terrace Ldha's other public contracts

Town of Garfield charter, MichiganLG OAK TERRACE LDHA LLC 15-year tax abatement agreement · Nov 4, 2025UndisclosedTown of Garfield charter, MichiganLG Oak Terrace LDHA LLC 15-year Municipal Services Agreement approved · Oct 28, 2025UndisclosedTown of Garfield charter, MichiganLG OAK TERRACE LDHA LLC agreement approved · Oct 28, 2025UndisclosedAll Lg Oak Terrace Ldha contractsVendor profile

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Questions about this contract

Who was awarded the pilot (payment in lieu of taxes) contract by Town of Garfield charter?

Lg Oak Terrace Ldha was awarded this pilot (payment in lieu of taxes) contract by Town of Garfield charter, as recorded on October 28, 2025.

What type of contract is this?

This is a Pilot (Payment In Lieu Of Taxes) contract, documented as a agenda record.

Where was this contract approved?

This contract appears in charter-township-of-garfield-board-meeting-agenda-october-28-2025_5c9.pdf (Agenda), dated October 28, 2025 from Town of Garfield charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lg Oak Terrace Ldha hold?

Lg Oak Terrace Ldha may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Garfield charter currently buying?

Explore Town of Garfield charter's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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