GRCC Approves $300K HealthBar Jobs Training Agreement
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Description
Grand Rapids Community College Board of Trustees approved a $300,000 Michigan New Jobs Training Program agreement with HealthBar to support training for expanded staffing. The agreement will be repaid over five years through diverted payroll tax revenue tied to the new positions.
Contract Details
Contract Amount
$300,000
Vendor
HEALTHBAR
Agency
Grand Rapids Community College, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 17, 2025
Contract Term
5-year period to repay revenue bond via diverted payroll tax
Renewal Info
MNJTP agreement structured to be repaid within five years via diverted payroll tax; no explicit renewal terms stated.
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