City of Kalamazoo Downtown Economic Growth Authority Agenda Packet May 2026
Long-Term Loan Agreement With City of Kalamazoo
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Description
The Downtown Economic Growth Authority holds a $1,060,000 loan agreement with the City of Kalamazoo running from December 2024 through December 2035. The full principal remained outstanding as of the March 2026 financial report.
Contract Details
Contract Amount
$1,060,000 (loan agreement principal)
Vendor
CITY OF KALAMAZOO
Agency
City of Kalamazoo, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Dec. 2024 – Dec. 2035
Renewal Date
2035-12-31
Renewal Info
Loan agreement term through December 2035; renewal or refinancing terms are not provided.
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