FINANCIAL_SERVICESAMENDED

DDA Amends Promissory Note with Bardic Wells Meadery

The DDA approved a first amendment to the November 2024 promissory note with Steve Haystead - Bardic Wells Meadery. The amendment updates the balance to $43,711.91, modifies the repayment schedule through February 2028, and includes new compliance requirements.

Status
AMENDED
Document date
February 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Haystead, Steve Dba Bardic Wells Meadery
Agency
City of Montague · MI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$43,711.91 (starting balance), 3% annual interest
Contract type
FINANCIAL_SERVICES
Contract term
March 2026 – February 2028; payment changes at July 2026, January 2027; balloon in February 2028
Renewal date
2028-02-29
Renewal
Amendment introduces new payment schedule, reporting, and business plan requirements. Loan term ends February 2028 with balloon payment due.
Document type
Minutes
Source document
City of Montague Downtown Development Authority Meeting Minutes February 2026

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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 Montague?

Haystead, Steve Dba Bardic Wells Meadery was awarded this financial services contract by City of Montague, as recorded on February 19, 2026. The contract value is $43,711.91 (starting balance), 3% annual interest.

How much is the Haystead, Steve Dba Bardic Wells Meadery contract with City of Montague worth?

The Haystead, Steve Dba Bardic Wells Meadery contract with City of Montague is valued at $43,711.91 (starting balance), 3% annual interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Montague Downtown Development Authority Meeting Minutes February 2026 (Minutes), dated February 19, 2026 from City of Montague. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Haystead, Steve Dba Bardic Wells Meadery hold?

Haystead, Steve Dba Bardic Wells Meadery 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 City of Montague currently buying?

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

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