CONTRACTAPPROVED

City of Croswell Awards Financial Services Contract to Michigan Sugar Company (January 2022)

Disclosed value: $597,291.92 (initial $100,000.00; remaining $497,291.92); From resolution
Approved: Jan 3, 2022
Term: 20-year term at 1.65% interest

What it covers

The Croswell City Council approved and confirmed a Special Assessment and Payment Agreement with Michigan Sugar Company for the Crowell Drain Project totaling $597,291.92. The assessment will be repaid over 20 years at 1.65% interest through parcel-based installments.

Who holds it

Michigan Sugar Company holds this financial services contract with City of Croswell. Its other public contracts on record include work for Town of Sebewaing and Lexington village.

What happens next

Term as filed: 20-year term at 1.65% interest.

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Contract details

Contract type: Financial Services
Amount: $597,291.92 (initial $100,000.00; remaining $497,291.92)
Document date: January 3, 2022
Term: 20-year term at 1.65% interest
Vendor: Michigan Sugar Company
Agency: City of Croswell
Source document: croswell_city_council_resolution_confirming_specia.pdf (Resolution)

Michigan Sugar Company's other public contracts

Town of Sebewaing, MichiganSebewaing Approves $78,504 Sewer Billing Reimbursement · Sep 21, 2026$78.5K Lexington village, MichiganOfficials Consider Michigan Sugar Dirt for Park Paving · Sep 14, 2026Undisclosed Sebewaing village, MichiganSebewaing approves Red Barn sale to Michigan Sugar · Mar 4, 2022Undisclosed City of Croswell, MichiganLicense Granted for Wastewater Pond Use · Sep 7, 2021Undisclosed City of Croswell, MichiganCity and Michigan Sugar Sign Wastewater Pipeline Deal · Sep 7, 2021Undisclosed All Michigan Sugar Company contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Croswell?

Michigan Sugar Company was awarded this financial services contract by City of Croswell, as recorded on January 3, 2022. The contract value is $597,291.92 (initial $100,000.00; remaining $497,291.92).

How much is the Michigan Sugar Company contract with City of Croswell worth?

The Michigan Sugar Company contract with City of Croswell is valued at $597,291.92 (initial $100,000.00; remaining $497,291.92), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in croswell_city_council_resolution_confirming_specia.pdf (Resolution), dated January 3, 2022 from City of Croswell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Michigan Sugar Company hold?

Michigan Sugar Company 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 City of Croswell currently buying?

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

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