City of Kalamazoo Awards Financial Services Contract to 116 West Cedar LLC (August 2026)
City of KalamazooCity · Kalamazoo, MI- Disclosed value
- Up to $4,616,636 in eligible activity reimbursement; plus $2,530,800 housing financing gap component within that total
- From agendapacket
- Approved
- Aug 20, 2026
- Renews
- Free account
The 30-second brief
The Brownfield Redevelopment Authority approved implementation of an Act 381 Brownfield Plan providing up to $4.62 million in TIF-based reimbursement to 116 West Cedar LLC. The plan funds environmental work, infrastructure, site preparation, and a $2.53 million housing financing gap for 15 income-restricted units, with tax increment capture projected from 2029 through 2058.
116 West Cedar LLC holds this financial services contract with City of Kalamazoo. Its other public contracts on record include work for Kalamazoo Department Of Public Safety.
The renewal date is on record. A free account shows it, with the renewals for every City of Kalamazoo contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $4,616,636 in eligible activity reimbursement; plus $2,530,800 housing financing gap component within that total
- Document date
- August 20, 2026
- Term
- Tax increment capture anticipated 2029–2058 (up to 30 years, including 5 years LBRF after reimbursement)
- Renews
- Free account
- Vendor
- 116 West Cedar LLC
- Agency
- City of Kalamazoo
- Source document
- City of Kalamazoo Brownfield Redevelopment Authority Agenda Packet 2026-08-20 (AgendaPacket)
116 West Cedar LLC's other public contracts
More City of Kalamazoo contracts
Questions about this contract
Who was awarded the financial services contract by City of Kalamazoo?
116 West Cedar LLC was awarded this financial services contract by City of Kalamazoo, as recorded on August 20, 2026. The contract value is Up to $4,616,636 in eligible activity reimbursement; plus $2,530,800 housing financing gap component within that total.
How much is the 116 West Cedar LLC contract with City of Kalamazoo worth?
The 116 West Cedar LLC contract with City of Kalamazoo is valued at Up to $4,616,636 in eligible activity reimbursement; plus $2,530,800 housing financing gap component within that total, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Kalamazoo Brownfield Redevelopment Authority Agenda Packet 2026-08-20 (AgendaPacket), dated August 20, 2026 from City of Kalamazoo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 116 West Cedar LLC hold?
116 West Cedar LLC 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 Kalamazoo currently buying?
Explore City of Kalamazoo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.