CONTRACTAPPROVED

Town of Alger Awards $325,000 Loan Contract to Michigan State Land Bank Authority (July 2023)

Disclosed value: $325,000; From agenda
Approved: Jul 5, 2023
Term: 12 months

What it covers

Alger County approves application for $325,000 predevelopment financing from Michigan State Land Bank Authority for Munising Marketplace project, secured by a Letter of Credit.

Who holds it

Michigan State Land Bank Authority holds this loan contract with Town of Alger. Its other public contracts on record include work for Grand Traverse County and City of Cedar Springs.

What happens next

Term as filed: 12 months.

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Contract details

Contract type: Loan
Amount: $325,000
Document date: July 5, 2023
Term: 12 months
Vendor: Michigan State Land Bank Authority
Agency: Town of Alger
Source document: alger-county-board-of-commissioners-special-meeting-agenda-july-5-2023_42b.pdf (Agenda)

Michigan State Land Bank Authority's other public contracts

Grand Traverse County, MichiganState Land Bank Grant Agreement Amended and Extended · May 29, 2026Undisclosed City of Cedar Springs, MichiganState Land Bank paid for land program · Mar 7, 2026 Midland County, MichiganInter-Governmental Land Bank Agreement Under Review · Dec 9, 2025Undisclosed Midland County Educational Service Agency, MichiganMichigan State Land Bank Authority agreement amendments approved · Nov 18, 2025Undisclosed Midland County, MichiganCounty Amends Agreement With Michigan State Land Bank · Nov 14, 2025Undisclosed All Michigan State Land Bank Authority contractsVendor profile

More Town of Alger contracts

Michigan Association of CountiesMAC Membership Dues Approved for 2025-2026 · Jul 21, 2025$5.2K Upper Peninsula Area AgencyUPCAP dues requested in county budget for 2026 · Jul 21, 2025$400 Michigan Association of CountiesMichigan Association of Counties dues approved. · Jul 21, 2025$5.2K Flynn FlooringFlooring proposal approved for Sheriff's Department floor · Jul 21, 2025Undisclosed Flynn FlooringFlynn's Flooring proposal to replace floors. · Jul 21, 2025Undisclosed All Town of Alger activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Alger?

Michigan State Land Bank Authority was awarded this loan contract by Town of Alger, as recorded on July 5, 2023. The contract value is $325,000.

How much is the Michigan State Land Bank Authority contract with Town of Alger worth?

The Michigan State Land Bank Authority contract with Town of Alger is valued at $325,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in alger-county-board-of-commissioners-special-meeting-agenda-july-5-2023_42b.pdf (Agenda), dated July 5, 2023 from Town of Alger. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Michigan State Land Bank Authority hold?

Michigan State Land Bank Authority 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 Town of Alger currently buying?

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

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